Relative performance of public and private ownership under yardstick competition: electricity retail distribution

• Published in: European economic review Vol. 42; no. 1; pp. 97 - 122
• Main Authors: Kumbhakar, Subal C., Hjalmarsson, Lennart
• Format: Journal Article
• Language: English
• Published: Amsterdam, etc Elsevier B.V 1998; Elsevier; North Holland Publishing Company, etc; Elsevier Sequoia S.A
• Series: European Economic Review
• Subjects: Comparative analysis; Competition; Distribution; Economic models; Efficiency; Electric utilities; Electricity; Electricity distribution; Hedonic output; Private sector; Public ownership; Public/private efficiency; Retail trade; Statistical analysis; Studies; Sweden; Technical change; Technological change; Yardstick competition; Sweden; Yardstick competition; D21; Technical change; Public/private efficiency; L94; L51; Electricity distribution; L32; L43; Hedonic output

This paper focuses on productive efficiency in Swedish retail electricity distribution during 1970–1990 using hedonic output(s) constructed from physical outputs and their qualities and network characteristics. The main focus is on efficiency of privately owned, municipal utilities, municipal compan...