International benchmarking of electricity distribution utilities

Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new regimes for electricity distributors. A sample of large electricity distribution utilities from Denmark, Finland, Norway, Sweden and The Netherlands for the year 1997 is studied by...

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Bibliographic Details
Published in:Resource and energy economics 2003-10, Vol.25 (4), p.353-371
Main Authors: Edvardsen, Dag Fjeld, Førsund, Finn R.
Format: Article
Language:English
Subjects:
Applied sciences
Benchmarking
Benchmarks
DEA
Economic data
Economic models
Economic theory
Efficiency
Electric energy
Electricity distribution
Electricity distribution utility
Energy
Energy economics
Exact sciences and technology
General, economic and professional studies
Malmquist productivity index
Methodology. Modelling
Public utilities
Studies
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Summary:Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new regimes for electricity distributors. A sample of large electricity distribution utilities from Denmark, Finland, Norway, Sweden and The Netherlands for the year 1997 is studied by assuming a common production frontier for all countries. The peers supporting the benchmark frontier are from all countries. New indices describing cross-country connections at the level of individual peers and their inefficient units as well as between countries are developed, and novel applications of Malmquist productivity indices comparing units from different countries are performed.
ISSN:0928-7655
1873-0221
DOI:10.1016/S0928-7655(03)00045-9