Arbeitspapier
European Electricity Market Reforms: Any Signs of Efficiency Improvements?
This paper investigates whether European electricity market refirms have induced any changes infirm efficiency either through productive, allocative or dynamic efficiency improve- ments. In particular, this ex-post analysis looks closely at productivity e ects of changing industry structure, ownership structure and regulation with respect to barriers to entry and access to wholesale and retail markets. Based on the Europeanfirm-level data for the period 1996-2007, the results indicate sluggish productivity improvements of European electricityfirms due to refirms implemented in the last decade. In particular, productivity gains are associated with high-productivityfirms close to the technology frontier, while no signi cant impact is found for the laggards. Looking from a dynamic perspective, it seems that the clos- est are thefirms to the frontier the more they are able to improve productivity in response to liberalization e orts stimulating competition.
- Language
-
Englisch
- Bibliographic citation
-
Series: LICOS Discussion Paper ; No. 262
- Classification
-
Wirtschaft
Trade: General
Production, Pricing, and Market Structure; Size Distribution of Firms
Economics of Regulation
Electric Utilities
- Subject
-
EU electricity market reforms
firms
productivity
regulation
TFP
Elektrizitätswirtschaft
EU-Energiepolitik
Internationaler Dienstleistungsverkehr
EU-Binnenmarkt
EU-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Zarnic, Ziga
- Event
-
Veröffentlichung
- (who)
-
Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance
- (where)
-
Leuven
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Zarnic, Ziga
- Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance
Time of origin
- 2010