- home
- Advanced Search
- Energy Research
- 8. Economic growth
- CN
- GB
- Energy Economics
- Energy Research
- 8. Economic growth
- CN
- GB
- Energy Economics
description Publicationkeyboard_double_arrow_right Article , Journal 2021Publisher:Elsevier BV Abstract Eradicating poverty and mitigating greenhouse gas (GHG) emissions are core issues of global sustainable development goals (SDGs), and China is struggling in realizing these targets. The poverty reduction that leads to popualtion structure and lifestyle changes would have an impact on GHG emission changes. However, few studies have assessed the historical and future impacts of the poverty allevation on China's emissions. Here by linking Chinese Multi-Regional Input Output (MRIO) database to the global MRIO database EXIOBASE, and using provincial household consumption data, we identified the distribution of Chinese household greenhouse gas footprints (HGFs) by income groups in 2015 at the national and provinical levels. Moreover, we focused on the historical impact of poverty alleviation on HGFs during 2010–2015, and developed four scenarios to project future HGFs changes due to poverty alleviation by 2030. We find that eradicating extreme poverty in the secanrio S2, i.e., bringing people to an income above $1.9 daily, does not cause a large emission impact with current technological level. However, lifting people from a higher poverty line of $5.5 per day in the sceanrio S4 results in a 1.6% increase in emissions compared with the scenario S1 without any poverty reduction goals. Furthermore, realizing a higher poverty reduction target will result in an increase of emissions contribution from internatioanl supply chains due to the differences in consumption patterns among different income groups. Our study highlights the conflict between the high poverty alleviaition goal and emission reduciton in China, and reminds us of the need to make more technological efforts for avoiding the large emissions embodied in international supply chains.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2021.105602&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu22 citations 22 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2021.105602&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 1981Publisher:Elsevier BV Abstract With the present policy stance of the UK government, the rate of extraction of North Sea oil becames one of the more important instruments for managing the economy in the 1980s. In this paper the effects of different depletion policies are examined, ranging from rapid early extraction to a low profile long-term conservation policy. The author explains how the depletion policy should be seen in the context of the UK economy and present government policies. He describes four possible depletion policies for the 1980s, together with the assumptions which are made in analysing their effects. The macroeconomic results of putting each policy in the Cambridge multisectoral dynamic model are presented and show the severe short-term costs of unrestrained production. Finally relations between depletion policy and de-industrialization are examined.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/0140-9883(81)90011-6&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu3 citations 3 popularity Average influence Average impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/0140-9883(81)90011-6&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2018Publisher:Elsevier BV Authors:Svetlana Fedoseeva;
Rodrigo M. Zeidan; Rodrigo M. Zeidan;Svetlana Fedoseeva
Svetlana Fedoseeva in OpenAIREAbstract Energy imports are crucial for European countries, yet little is known about determinants of their import demand. We update long-outdated estimates of import demand elasticities using recent data for crude and derived energy products and contribute to the debate on the asymmetry of import demand by using recent developments in econometric modelling. Our results have important implications for the geopolitics of energy markets in Europe. (Asymmetric) Income seems to be the most relevant determinant of import demand; Economic growth and fossil fuel consumption are correlated, even in the context of the European agenda towards renewables. Our results suggest that European economic recovery may derail the drive for lower fossil consumption, and that changes in the natural gas market may further complicate this drive, especially regarding Russia as the primary supplier to the Eurozone.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2017.12.009&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu27 citations 27 popularity Top 10% influence Top 10% impulse Top 10% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2017.12.009&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2016 United KingdomPublisher:Elsevier BV Funded by:UKRI | Energy Saving Innovations..., UKRI | SUPERGEN HDPS - COREUKRI| Energy Saving Innovations and Economy-Wide Rebound Effects ,UKRI| SUPERGEN HDPS - COREAuthors: Turner, Karen; Swales, Kim; Koesler, Simon;AbstractThe pollution/energy leakage literature raises the concern that policies implemented in one country, such as a carbon tax or tight energy restrictions, might simply result in the reallocation of energy use to other countries. This paper addresses these concerns in the context of policies to increase energy efficiency, rather than direct action to reduce energy use. Using a global CGE simulation model, we extend the analyses of ‘economy-wide’ rebound from the national focus of previous studies to incorporate international spill-over effects from trade in goods and services. Our focus is to investigate whether these effects have the potential to increase or reduce the overall (global) rebound of local energy efficiency improvements. In the case we consider, increased energy efficiency in German production generates changes in comparative advantage that produce negative leakage effects, thereby actually rendering global rebound less than national rebound.
CORE arrow_drop_down add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2015.12.011&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen hybrid 76 citations 76 popularity Top 1% influence Top 10% impulse Top 10% Powered by BIP!
more_vert CORE arrow_drop_down add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2015.12.011&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2017Publisher:Elsevier BV Abstract The rapid increase in per capita energy consumption is likely to be an important factor affecting the sustainable development of China's economy. In this study, the convergence of per capita energy consumption, which is an important inherent characteristic of China's energy consumption, is investigated using panel data for the period 1994–2014 for 30 Chinese provinces. To control for the potential spatial dependence in energy consumption per capita and introduce dynamics, appropriate spatial dynamic econometric models are employed. The empirical results indicate that there are both absolute and conditional β-convergences in per capita energy consumption across provinces. In addition, there is also evidence for an inverted U-shaped relationship between per capita energy consumption and per capita GDP. Therefore, per capita energy consumption would increase when economic development is relatively low. However, per capita energy consumption may decrease after a threshold level of economic development is reached. Among the factors that potential influence provincial energy consumption, the ratio of secondary industry value-added to GDP and the spatial correlation of energy consumptions in neighboring provinces are positively related to energy consumption per capita, while population density and per capita foreign direct investment do not affect energy consumption per capita significantly.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2017.09.008&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu133 citations 133 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2017.09.008&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2021Publisher:Elsevier BV Authors: Ailun Wang; Jianglong Li; Shuo Hu;Abstract The goal of environmental regulations is to reduce pollutant emissions without substantial hamper to economy. However, the impacts of environmental regulations on economic activities and pollutant emissions have been under intense debates. In this paper, we attempt to empirically investigate the roles of economic development in the heterogeneous impacts of environmental regulations on green productivity in a panel of China's cities. To test the heterogeneous impacts, we use a partially linear functional-coefficient (PLFC) model which allows the effects of environmental regulation vary with economic development. This paper further constructs an alternative efficiency indicator to explore the orders of impacts on green productivity or solely reducing pollution. Based on the thresholds from PLFC, we divide the cities into 6 groups to discuss the priorities in environmental strategies. We find that economic development is the preconditions for environmental regulation to work. Only when the GDP per capita is higher than 42,142 RMB, can environmental regulations promote green productivity; while a higher GDP per capita over 51,586 RMB enables the goal of reducing pollution ahead of schedule. Our results demonstrate that environmental regulations in 9% of cities promote green productivity, and 40% could reduce pollution without hampering economic outputs.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2021.105618&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu49 citations 49 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2021.105618&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article 2022 United KingdomPublisher:Elsevier BV Authors:De Lipsis, Vincenzo;
Gasim, Anwar; Agnolucci, Paolo; Ekins, Paul;De Lipsis, Vincenzo
De Lipsis, Vincenzo in OpenAIREWe model energy demand across five end-use sectors and 15 energy products in Saudi Arabia, generating comprehensive price and income elasticity estimates. Using the Structural Time Series Model, we demonstrate that the trends underlying energy demand are generally stochastic, underscoring the importance of using such models for estimating unbiased elasticities. Our estimates reveal that energy demand in Saudi Arabia is price inelastic in all cases and income inelastic in most cases, with industrial natural gas and electricity being the only exceptions. Nevertheless, we find extensive variation in the elasticities across sectors and energy products, highlighting the importance of using sector- and product-specific elasticity values and not assuming they are similar in the same country. We then use our estimated elasticities to conduct a welfare analysis of the energy price reforms implemented in 2016 and 2018. Our analysis reveals that the 2016 reform delivered a total annual welfare gain of 11.6 billion 2010 United States Dollars (USD) in 2016. Following the 2018 reform, the annual welfare gain increased to 17.0 billion 2010 USD in 2018. We also estimate the cumulative carbon dioxide emissions avoided between 2016 and 2018 due to energy price reform at 164 million tonnes.
e-Prints Soton arrow_drop_down add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2023.106589&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu9 citations 9 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert e-Prints Soton arrow_drop_down add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2023.106589&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2020 AustraliaPublisher:Elsevier BV Authors: Keqiang Hou; Keqiang Hou;Simon Cottrell;
Sarath Delpachitra; +1 AuthorsSimon Cottrell
Simon Cottrell in OpenAIREKeqiang Hou; Keqiang Hou;Simon Cottrell;
Sarath Delpachitra; Sarath Delpachitra;Simon Cottrell
Simon Cottrell in OpenAIREhandle: 11541.2/144750
Abstract Oil price shocks and monetary policy response by oil producing economies have been the subject of important theoretical investigation in the modern literature. This topic seems to be well grounded since fluctuations in the US dollar, which is affected by US monetary policy, plays an important role in exacerbating run ups and precipitous falls in world oil prices. We investigate the economic consequences of oil price shocks using an open-economy DSGE model that incorporates demand for and supply of oil while allowing for interaction between domestic and foreign monetary policy. Using Canadian and U.S. data, we quantify the relative importance of oil price shocks and monetary policy response on macroeconomic variables. We show that domestic monetary policy is a key channel that accounts for over 40% of discounted variation in domestic output across a 4-year horizon after an oil shock. In contrast, US monetary policy is of lesser importance in propagating oil price shocks on an oil-exporting economy through the international channel.
Energy Economics arrow_drop_down UniSA Research Outputs RepositoryArticle . 2020 . Peer-reviewedData sources: UniSA Research Outputs Repositoryadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2020.104846&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu21 citations 21 popularity Top 10% influence Average impulse Top 10% Powered by BIP!
more_vert Energy Economics arrow_drop_down UniSA Research Outputs RepositoryArticle . 2020 . Peer-reviewedData sources: UniSA Research Outputs Repositoryadd ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2020.104846&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 2014 China (People's Republic of), Sweden, China (People's Republic of)Publisher:Elsevier BV Authors:Michael Owusu Appiah;
Michael Owusu Appiah
Michael Owusu Appiah in OpenAIREMichael Owusu Appiah;
Michael Owusu Appiah
Michael Owusu Appiah in OpenAIREBoqiang Lin;
Boqiang Lin; +2 AuthorsBoqiang Lin
Boqiang Lin in OpenAIREMichael Owusu Appiah;
Michael Owusu Appiah
Michael Owusu Appiah in OpenAIREMichael Owusu Appiah;
Michael Owusu Appiah
Michael Owusu Appiah in OpenAIREBoqiang Lin;
Boqiang Lin; Presley K. Wesseh; Presley K. Wesseh;Boqiang Lin
Boqiang Lin in OpenAIREAbstract This study attempts to contribute to the literature on stock markets and energy prices by examining the dynamic volatility and volatility transmission between oil and Ghanaian stock market returns in a multivariate setting using the recently developed VAR–GARCH, VAR–AGARCH and DCC–GARCH frameworks. In turn, the models' results are used to compute and analyze the optimal weights and hedge ratios for oil-stock portfolio holdings. For comparison purposes and to put the paper more in the perspective of West Africa, the Nigerian stock market is also included in the analysis. Our findings point to the existence of significant volatility spillover and interdependence between oil and the two stock market returns. While spillover effects are stronger for Nigeria, the transmission of volatility is much more apparent from oil to stock than from stock to oil in the case of Ghana. Also, the study demonstrates evidence of short-term predictability in oil and stock price changes through time and reveals that conditional volatility changes more rapidly as result of substantial effects of past volatility rather than past news/shocks for all market returns. Moreover, we show that there is a slightly more effective hedge in the two stock markets under the DCC–GARCH framework (our preferred model) compared to the other two models, although hedging effectiveness is much greater for Ghana. On the whole, our findings for optimal hedge ratios are consistent with other studies and particularly the view that oil assets should be an integral part of a diversified portfolio of stocks and suggest that a better understanding of volatility links is crucial for portfolio management in the presence of oil price risk. Finally, the existence of multivariate asymmetric effects and dynamic conditional correlations as revealed by the VAR–AGARCH and DCC–GARCH models make it clear that the assumptions of symmetric effects and constant conditional correlations are not supported empirically.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2013.12.017&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.euAccess RoutesGreen 170 citations 170 popularity Top 1% influence Top 10% impulse Top 1% Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/j.eneco.2013.12.017&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eudescription Publicationkeyboard_double_arrow_right Article , Journal 1991Publisher:Elsevier BV Authors: Thomas Weyman-Jones;The comparative efficiency of privatized electricity distribution is critical to the case for deregulation. The area electricity boards in England and Wales are to be privatized in 1990, and measurement of the potential efficiency gains is essential to the proposed regulatory regime. This paper describes a non-parametric linear programming methodology for measuring productive efficiency which was pioneered by Farrell, and applies it to the present regulated electricity distribution industry in England and Wales. It finds that only five of the twelve boards are technically efficient, and that there are wide divergences in performance. Target improvements for inefficient boards are suggested, and implications for the regulatory mechanism are drawn.
add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/0140-9883(91)90043-y&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu56 citations 56 popularity Top 10% influence Top 1% impulse Average Powered by BIP!
more_vert add ClaimPlease grant OpenAIRE to access and update your ORCID works.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.This Research product is the result of merged Research products in OpenAIRE.
You have already added works in your ORCID record related to the merged Research product.All Research productsarrow_drop_down <script type="text/javascript"> <!-- document.write('<div id="oa_widget"></div>'); document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=10.1016/0140-9883(91)90043-y&type=result"></script>'); --> </script>
For further information contact us at helpdesk@openaire.eu