haku: @indexterm ELECTRICITY INDUSTRY / yhteensä: 214
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| Tekijä: | Cullman, A. Hirschhausen, C. von |
| Otsikko: | From transition to competition. Dynamic efficiency analysis of Polish electricity distribution companies |
| Lehti: | Economics of transition
2008 : VOL. 16:2, p. 335-357 |
| Asiasana: | transition economies competition efficiency electricity industry distribution companies Poland |
| Kieli: | eng |
| Tiivistelmä: | This study tests the hypothesis that the economic transition toward a market economy increases the efficiency of firms. Studying more than 30 Polish electricity distribution companies from 1997 to 2002, and by applying common benchmarking methods to the panel (namely: the non-parametric data envelopment analysis (DEA), the free disposal hull (FDH), and the stochastic frontier analysis (SFA), and measuring and decomposing productivity change with Malmquist indices, it is found that the companies' technical efficiency has indeed increased during the transition, while allocative efficiency has deteriorated. There is also found significantly increasing returns to scale etc. |
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