• مطالعات اقتصادی مرتبط با حاملهای انرژی (فسیلی، تجدیدپذیر و برق)
Mohsen Pourebadollahan Covich; Elham Nobahar; Sakineh Sojoodi; Reza Khalafi
Abstract
In analyzing the efficiency of electricity distribution companies, according to the economies of scale hypothesis, due to the existence of natural monopoly properties, larger firms are expected to be technically more efficient (ceteris paribus). To investigate this issue, this study assessed the technical ...
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In analyzing the efficiency of electricity distribution companies, according to the economies of scale hypothesis, due to the existence of natural monopoly properties, larger firms are expected to be technically more efficient (ceteris paribus). To investigate this issue, this study assessed the technical efficiency, economies of scale, and economies of scope of Iranian electricity distribution companies during 2011-2017 and examined their relationship with company size. For this purpose, the stochastic frontier analysis technique and the input distance function approach were used. The results show that technical efficiency first decreases and then increases with increasing company size. The results also show that economies of scale are present in most companies, although the use of economies of scale decreases as company size increases. Finally, economies of scope were observed in all the companies studied, and their magnitude decreases as company size increases. Therefore, it can be said that the hypothesis of economies of scale implying higher technical efficiency of larger companies, is not confirmed, although the necessary condition for the establishment of a natural monopoly is present in Iranian electricity distribution companies
Ahmed Seifi; Mustafa Salimifar Salimifar; Haniyeh Fanoodi
Volume 2, Issue 7 , July 2013, , Pages 17-41
Abstract
Thermal power plant emissions are considered as one of the most important environmental pollutions. In this study environmental efficiency of electricity industry for NOx emissions is calculated. Our data include 6 power plants of three Khorasan provinces for 1384-1387. We rely on hyperbolic translog ...
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Thermal power plant emissions are considered as one of the most important environmental pollutions. In this study environmental efficiency of electricity industry for NOx emissions is calculated. Our data include 6 power plants of three Khorasan provinces for 1384-1387. We rely on hyperbolic translog distance function specification that treats the outputs asymmetrically by allowing equiproportional desirable outputs expansion and undesirable outputs contraction. This function is implemented by using conventional econometric techniques based on panel data maximum likelihood estimation. The result shows that environmental efficiency for this sample of plants is 93.81 on average. In addition, our estimated shadow price for each kilogram of NOx is 1.12 Rials. Results of this kind of studies can be useful for decision makers to have a better environmental prospect for planning.
