English, Article edition: INCENTIVE REGULATION AND THE ROLE OF CONVEXITY IN BENCHMARKING ELECTRICITY DISTRIBUTION: ECONOMISTS VERSUS ENGINEERS Emili GRIFELL-TATJÉ; Kristiaan KERSTENS

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Bookmark: http://trove.nla.gov.au/version/167290
Physical Description
  • article
Language
  • English

Edition details

Title
  • INCENTIVE REGULATION AND THE ROLE OF CONVEXITY IN BENCHMARKING ELECTRICITY DISTRIBUTION: ECONOMISTS VERSUS ENGINEERS
Author
  • Emili GRIFELL-TATJÉ
  • Kristiaan KERSTENS
Physical Description
  • article
Notes
  • This note illustrates the potential impact of the specification of a convex production technology on establishing minimal costs compared to the use of a non-convex technology when benchmarking electricity distributors. This methodological reflection is mainly motivated by recent engineering literature providing evidence for non-convexities in electricity distribution. An empirical illustration using non-parametric specifications of technology illustrates this main point using a sample of Spanish electricity distribution firms earlier analysed in Grifell-Tatjé and Lovell (2003) . Copyright © 2008 The Authors Journal compilation © CIRIEC 2008.
  • RePEc:bla:annpce:v:79:y:2008:i:2:p:227-248
Language
  • English
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