| 来源类型 | Working papers |
| 规范类型 | 论文 |
| Benchmarking and Regulation in the Electricity Distribution Sector | |
| Farsi, Mehdi; Fetz, Aurelio; Filippini, Massimo | |
| 发表日期 | 2007 |
| 出版者 | Swiss Federal Institute of Technology, CEPE - Centre for Energy Policy and Economics |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | In the last two decades electricity distribution sector have witnessed a wave of regulatory reforms aimed at improving efficiency through incentive regulation. Most of these regulation schemes use benchmarking namely measuring a company’s efficiency and rewarding them accordingly. The reliability of efficiency estimates is crucial for an effective implementation of those incentive mechanisms. A main problem faced by the regulators is the choice among several legitimate benchmarking models that usually produce different results. After a brief overview of the benchmarking methodologies, this paper summarizes the methods used in the regulation practice in several OECD countries, in which the benchmarking practice is relatively widespread. Repeated observation of similar companies over time namely panel data, allows a better understanding of unobserved firm-specific factors and disentangling them from efficiency estimates. Focusing on parametric cost frontier models, this paper presents two alternative approaches that could be used to improve the reliability of benchmarking methods, and based on recent empirical evidence, draws some recommendations for regulatory practice in power distribution networks. |
| URL | https://www.research-collection.ethz.ch/handle/20.500.11850/5006 |
| 来源智库 | Centre for Energy Policy and Economics (Switzerland) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/266544 |
| 推荐引用方式 GB/T 7714 | Farsi, Mehdi,Fetz, Aurelio,Filippini, Massimo. Benchmarking and Regulation in the Electricity Distribution Sector. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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