Economies of scope and scale in the Norwegian electricity industry
Author
Abstract
Suggested Citation
DOI: 10.1016/j.econmod.2019.09.008
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Pulley, Lawrence B & Humphrey, David B, 1993. "The Role of Fixed Costs and Cost Complementarities in Determining Scope Economies and the Cost of Narrow Banking Proposals," The Journal of Business, University of Chicago Press, vol. 66(3), pages 437-462, July.
- Mehdi Farsi & Aurelio Fetz & Massimo Filippini, 2008.
"Economies of Scale and Scope in Multi-Utilities,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 123-144.
- Mehdi Farsi & Aurelio Fetz & Massimo Filippini, 2008. "Economies of Scale and Scope in Multi-Utilities," The Energy Journal, , vol. 29(4), pages 123-144, October.
- Laurens Cherchye & Bram De Rock & Frederic Vermeulen, 2008.
"Analyzing Cost-Efficient Production Behavior Under Economies of Scope: A Nonparametric Methodology,"
Operations Research, INFORMS, vol. 56(1), pages 204-221, February.
- Cherchye, L.J.H. & de Rock, B. & Vermeulen, F.M.P., 2006. "Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology," Other publications TiSEM 7c1c3728-77f6-4ba2-9753-5, Tilburg University, School of Economics and Management.
- Cherchye, L.J.H. & de Rock, B. & Vermeulen, F.M.P., 2006. "Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology," Discussion Paper 2006-81, Tilburg University, Center for Economic Research.
- Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2006. "Analyzing Cost Efficient Production Behavior Under Economies of Scope: A Nonparametric Methodology," IZA Discussion Papers 2319, Institute of Labor Economics (IZA).
- Bram De Rock & Laurens Cherchye & Frederic Vermeulen, 2008. "Analyzing cost efficient production behavior under economies of scope: a nonparametric methodology," ULB Institutional Repository 2013/7536, ULB -- Universite Libre de Bruxelles.
- Melvyn A. Fuss & Leonard Waverman, 1981. "Regulation and the Multiproduct Firm: The Case of Telecommunications in Canada," NBER Chapters, in: Studies in Public Regulation, pages 277-328, National Bureau of Economic Research, Inc.
- Thomas P. Triebs & David S. Saal & Pablo Arocena & Subal C. Kumbhakar, 2016.
"Estimating economies of scale and scope with flexible technology,"
Journal of Productivity Analysis, Springer, vol. 45(2), pages 173-186, April.
- Thomas Triebs & David Saal & Pablo Arocena & Subal Kumbhakar, 2016. "Estimating economies of scale and scope with flexible technology," Journal of Productivity Analysis, Springer, vol. 45(2), pages 173-186, April.
- Thomas Triebs & David S. Saal & Pablo Arocena & Subal C. Kumbhakar, 2012. "Estimating Economies of Scale and Scope with Flexible Technology," ifo Working Paper Series 142, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Triebs, Thomas P. & Saal, David S. & Arocena, Pablo & Kumbhakar, Subal C., 2016. "Estimating economies of scale and scope with flexible technology," Munich Reprints in Economics 43531, University of Munich, Department of Economics.
- Ferrier, Gary D. & Grosskopf, Shawna & Hayes, Kathy J. & Yaisawarng, Suthathip, 1993. "Economies of diversification in the banking industry : A frontier approach," Journal of Monetary Economics, Elsevier, vol. 31(2), pages 229-249, April.
- Clark, Tom S. & Linzer, Drew A., 2015. "Should I Use Fixed or Random Effects?," Political Science Research and Methods, Cambridge University Press, vol. 3(2), pages 399-408, May.
- Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
- Rolf Färe & Carlos Martins-Filho & Michael Vardanyan, 2010.
"On functional form representation of multi-output production technologies,"
Journal of Productivity Analysis, Springer, vol. 33(2), pages 81-96, April.
- R. Fare & C. Martins-Filho & M. Vardanyan, 2010. "On functional form representation of multi-output production technologies," Post-Print hal-00800130, HAL.
- Chambers, Robert & Färe, Rolf & Grosskopf, Shawna & Vardanyan, Michael, 2013.
"Generalized quadratic revenue functions,"
Journal of Econometrics, Elsevier, vol. 173(1), pages 11-21.
- Robert G. Chambers & Rolf Färe & Shawna Grosskopf & Michael Vardanyan, 2008. "Generalized Quadratic Revenue Functions," CESifo Working Paper Series 2404, CESifo.
- R. Chambers & R. Fare & S. Grosskopf & M. Vardanyan, 2013. "Generalized quadratic revenue functions," Post-Print hal-00840152, HAL.
- Pedro Carvalho & Rui Cunha Marques, 2015. "Estimating Size and Scope Economies in the Portuguese Water Sector Using the Most Appropriate Functional Form," The Engineering Economist, Taylor & Francis Journals, vol. 60(2), pages 109-137, April.
- Clark, Tom S. & Linzer, Drew A., 2015. "Should I Use Fixed or Random Effects?," Political Science Research and Methods, Cambridge University Press, vol. 3(02), pages 399-408, May.
- Kaserman, David L & Mayo, John W, 1991. "The Measurement of Vertical Economies and the Efficient Structure of the Electric Utility Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 39(5), pages 483-502, September.
- Fetz, Aurelio & Filippini, Massimo, 2010. "Economies of vertical integration in the Swiss electricity sector," Energy Economics, Elsevier, vol. 32(6), pages 1325-1330, November.
- Rolf Färe & Michael Vardanyan, 2016.
"A note on parameterizing input distance functions: does the choice of a functional form matter?,"
Journal of Productivity Analysis, Springer, vol. 45(2), pages 121-130, April.
- Rolf Färe & Michael Vardanyan, 2014. "A Note on Parameterizing Input Distance Functions: Does the Choice of a Functional Form Matter?," Working Papers 2014-EQM-03, IESEG School of Management.
- Rolf Färe & Michael Vardanyan, 2016. "A note on parameterizing input distance functions: does the choice of a functional form matter?," Post-Print hal-01744488, HAL.
- Roland Meyer, 2012. "Economies of scope in electricity supply and the costs of vertical separation for different unbundling scenarios," Journal of Regulatory Economics, Springer, vol. 42(1), pages 95-114, August.
- Kwoka, John E., 2002. "Vertical economies in electric power: evidence on integration and its alternatives," International Journal of Industrial Organization, Elsevier, vol. 20(5), pages 653-671, May.
- Carvalho, Pedro & Marques, Rui Cunha, 2014. "Computing economies of vertical integration, economies of scope and economies of scale using partial frontier nonparametric methods," European Journal of Operational Research, Elsevier, vol. 234(1), pages 292-307.
- Chavas, Jean-Paul & Kim, Kwansoo, 2010. "Economies of diversification: A generalization and decomposition of economies of scope," International Journal of Production Economics, Elsevier, vol. 126(2), pages 229-235, August.
- Rolf Färe & Shawna Grosskopf & Hyunok Lee, 1990. "A Nonparametric Approach to Expenditure-Constrained Profit Maximization," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(3), pages 574-581.
- Subal Kumbhakar & Roar Amundsveen & Hilde Kvile & Gudbrand Lien, 2015. "Scale economies, technical change and efficiency in Norwegian electricity distribution, 1998–2010," Journal of Productivity Analysis, Springer, vol. 43(3), pages 295-305, June.
- Jean-Paul Chavas & Kwansoo Kim, 2007. "Measurement and Sources of Economies of Scope: A Primal Approach," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 163(3), pages 411-427, September.
- Gugler, Klaus & Liebensteiner, Mario & Schmitt, Stephan, 2017.
"Vertical disintegration in the European electricity sector: Empirical evidence on lost synergies,"
International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 450-478.
- Gugler, Klaus & Liebensteiner, Mario & Schmitt , Stephan, 2014. "Vertical Disintegration in the European Electricity Sector: Empirical Evidence on Lost Synergies," Department of Economics Working Paper Series 190, WU Vienna University of Economics and Business.
- Klaus Gugler & Mario Liebensteiner & Stephan Schmitt, 2014. "Vertical Disintegration in the European Electricity Sector: Empirical Evidence on Lost Synergies," Department of Economics Working Papers wuwp190, Vienna University of Economics and Business, Department of Economics.
- Giovanni Fraquelli & Massimiliano Piacenza & Davide Vannoni, 2004. "Scope and scale economies in multi-utilities: evidence from gas, water and electricity combinations," Applied Economics, Taylor & Francis Journals, vol. 36(18), pages 2045-2057.
- Grosskopf, Shawna & Hayes, Kathy & Yaisawarng, Suthathip, 1992. "Measuring Economies of Diversification: A Frontier Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 10(4), pages 453-459, October.
- Piacenza, Massimiliano & Vannoni, Davide, 2004. "Choosing among alternative cost function specifications: an application to Italian multi-utilities," Economics Letters, Elsevier, vol. 82(3), pages 415-422, March.
- Ørjan Mydland & Erik Haugom & Gudbrand Lien, 2018. "Economies of scale in Norwegian electricity distribution: a quantile regression approach," Applied Economics, Taylor & Francis Journals, vol. 50(40), pages 4360-4372, August.
- Roland Meyer, 2012. "Vertical Economies and the Costs of Separating Electricity Supply--A Review of Theoretical and Empirical Literature," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Massimiliano Piacenza & Davide Vannoni, 2009. "Vertical And Horizontal Economies In The Electric Utility Industry: An Integrated Approach," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 80(3), pages 431-450, September.
- Garcia, Serge & Moreaux, Michel & Reynaud, Arnaud, 2007.
"Measuring economies of vertical integration in network industries: An application to the water sector,"
International Journal of Industrial Organization, Elsevier, vol. 25(4), pages 791-820, August.
- Garcia, Serge & Moreaux, Michel & Reynaud, Arnaud, 2004. "Measuring Economies of Vertical Integration in Network Industries: an Application to the Water Sector," IDEI Working Papers 255, Institut d'Économie Industrielle (IDEI), Toulouse.
- Pablo Arocena & David S. Saal & Tim Coelli, 2012. "Vertical and Horizontal Scope Economies in the Regulated U . S . Electric Power Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 60(3), pages 434-467, September.
- Marques, Rui Cunha & De Witte, Kristof, 2011. "Is big better? On scale and scope economies in the Portuguese water sector," Economic Modelling, Elsevier, vol. 28(3), pages 1009-1016, May.
- Diego Prior & Magda Solà, 2000. "Technical efficiency and economies of diversification in health care," Health Care Management Science, Springer, vol. 3(4), pages 299-307, September.
- Jara-Diaz, Sergio & Ramos-Real, Francisco Javier & Martinez-Budria, Eduardo, 2004. "Economies of integration in the Spanish electricity industry using a multistage cost function," Energy Economics, Elsevier, vol. 26(6), pages 995-1013, November.
- Panzar, John C & Willig, Robert D, 1981. "Economies of Scope," American Economic Review, American Economic Association, vol. 71(2), pages 268-272, May.
- George E. Battese, 1997. "A Note On The Estimation Of Cobb‐Douglas Production Functions When Some Explanatory Variables Have Zero Values," Journal of Agricultural Economics, Wiley Blackwell, vol. 48(1‐3), pages 250-252, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Mauler, Lukas & Duffner, Fabian & Leker, Jens, 2021. "Economies of scale in battery cell manufacturing: The impact of material and process innovations," Applied Energy, Elsevier, vol. 286(C).
- Musau, Andrew & Kumbhakar, Subal C. & Mydland, Ørjan & Lien, Gudbrand, 2021. "Determinants of allocative and technical inefficiency in stochastic frontier models: An analysis of Norwegian electricity distribution firms," European Journal of Operational Research, Elsevier, vol. 288(3), pages 983-991.
- Maria Molinos-Senante & Alexandros Maziotis, 2021. "Productivity growth, economies of scale and scope in the water and sewerage industry: The Chilean case," PLOS ONE, Public Library of Science, vol. 16(5), pages 1-16, May.
- Wenche Tobiasson & Manuel Llorca & Tooraj Jamasb, 2021. "Performance Effects of Network Structure and Ownership: The Norwegian Electricity Distribution Sector," Energies, MDPI, vol. 14(21), pages 1-15, November.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gugler, Klaus & Liebensteiner, Mario & Schmitt, Stephan, 2017.
"Vertical disintegration in the European electricity sector: Empirical evidence on lost synergies,"
International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 450-478.
- Gugler, Klaus & Liebensteiner, Mario & Schmitt , Stephan, 2014. "Vertical Disintegration in the European Electricity Sector: Empirical Evidence on Lost Synergies," Department of Economics Working Paper Series 190, WU Vienna University of Economics and Business.
- Klaus Gugler & Mario Liebensteiner & Stephan Schmitt, 2014. "Vertical Disintegration in the European Electricity Sector: Empirical Evidence on Lost Synergies," Department of Economics Working Papers wuwp190, Vienna University of Economics and Business, Department of Economics.
- Thomas P. Triebs & David S. Saal & Pablo Arocena & Subal C. Kumbhakar, 2016.
"Estimating economies of scale and scope with flexible technology,"
Journal of Productivity Analysis, Springer, vol. 45(2), pages 173-186, April.
- Thomas Triebs & David Saal & Pablo Arocena & Subal Kumbhakar, 2016. "Estimating economies of scale and scope with flexible technology," Journal of Productivity Analysis, Springer, vol. 45(2), pages 173-186, April.
- Thomas Triebs & David S. Saal & Pablo Arocena & Subal C. Kumbhakar, 2012. "Estimating Economies of Scale and Scope with Flexible Technology," ifo Working Paper Series 142, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Triebs, Thomas P. & Saal, David S. & Arocena, Pablo & Kumbhakar, Subal C., 2016. "Estimating economies of scale and scope with flexible technology," Munich Reprints in Economics 43531, University of Munich, Department of Economics.
- Simshauser, Paul, 2021. "Vertical integration, peaking plant commitments and the role of credit quality in energy-only markets," Energy Economics, Elsevier, vol. 104(C).
- Maria Molinos-Senante & Alexandros Maziotis, 2021. "Productivity growth, economies of scale and scope in the water and sewerage industry: The Chilean case," PLOS ONE, Public Library of Science, vol. 16(5), pages 1-16, May.
- Fetz, Aurelio & Filippini, Massimo, 2010. "Economies of vertical integration in the Swiss electricity sector," Energy Economics, Elsevier, vol. 32(6), pages 1325-1330, November.
- Simshauser, P., 2020.
"Merchant utilities and boundaries of the firm: vertical integration in energy-only markets,"
Cambridge Working Papers in Economics
2039, Faculty of Economics, University of Cambridge.
- Paul Simshauser, 2020. "Merchant utilities and boundaries of the firm: vertical integration in energy-only markets," Working Papers EPRG2008, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Anna Bottasso & Maurizio Conti, 2021. "Economie di integrazione verticale ed economie di scopo nel settore idrico e fognario: alcune considerazioni alla luce dell?evidenza empirica internazionale," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2021(3), pages 89-128.
- Philipp Steinbrunner, 2023. "I want a quiet life! On productivity and competition in the Central European energy sector," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(2), pages 403-428, April.
- Carvalho, Pedro & Marques, Rui Cunha, 2014. "Computing economies of vertical integration, economies of scope and economies of scale using partial frontier nonparametric methods," European Journal of Operational Research, Elsevier, vol. 234(1), pages 292-307.
- Simshauser, Paul & Tian, Yuan & Whish-Wilson, Patrick, 2015. "Vertical integration in energy-only electricity markets," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 35-56.
- Bottasso, Anna & Conti, Maurizio & Piacenz, Massimiliano & Vannoni, Davide, 2011.
"The appropriateness of the poolability assumption for multiproduct technologies: Evidence from the English water and sewerage utilities,"
International Journal of Production Economics, Elsevier, vol. 130(1), pages 112-117, March.
- Anna Bottasso & Maurizio Conti & Massimiliano Piacenza & Davide Vannoni, 2010. "The Appropriateness of the Poolability Assumption for Multiproduct Technologies: Evidence from the English Water and Sewerage Utilities," Carlo Alberto Notebooks 183, Collegio Carlo Alberto.
- Goto, Mika & Inoue, Tomohiro & Sueyoshi, Toshiyuki, 2013. "Structural reform of Japanese electric power industry: Separation between generation and transmission & distribution," Energy Policy, Elsevier, vol. 56(C), pages 186-200.
- Daisy Shen & Qing Yang, . "Electricity Market Regulatory Reform and Competition – Case Study of the New Zealand Electricity Market," Chapters, in: Yanrui Wu & Xunpeng Shi & Fukunari Kimura (ed.), Energy Market Integration in East Asia: Theories, Electricity Sector and Subsidies, chapter 6, pages 103-140, Economic Research Institute for ASEAN and East Asia (ERIA).
- Blancard, Stéphane & Boussemart, Jean-Philippe & Chavas, Jean-Paul & Leleu, Hervé, 2016.
"Potential gains from specialization and diversification further to the reorganization of activities,"
Omega, Elsevier, vol. 63(C), pages 60-68.
- Stéphane Blancard & Jean-Philippe Boussemart & Jean-Paul Chavas & Herve Leleu, 2016. "Potential gains from specialization and diversification further to the reorganization of activities," Post-Print hal-01533526, HAL.
- Arocena, Pablo, 2008. "Cost and quality gains from diversification and vertical integration in the electricity industry: A DEA approach," Energy Economics, Elsevier, vol. 30(1), pages 39-58, January.
- Elisabetta Ottoz & Marina Di Giacomo, 2012.
"Diversification strategies and scope economies: evidence from a sample of Italian regional bus transport providers,"
Applied Economics, Taylor & Francis Journals, vol. 44(22), pages 2867-2880, August.
- Ottoz Elisabetta & Di Giacomo Marina, 2008. "Diversification strategies and scope economies: Evidence from a sample of Italian regional bus transport Pproviders," Department of Economics and Statistics Cognetti de Martiis. Working Papers 200802, University of Turin.
- Elisabetta Ottoz & Marina Di Giacomo, 2011. "Diversification strategies and scope economies: Evidence from a sample of Italian regional bus transport providers," Post-Print hal-00711444, HAL.
- Michael Zschille, 2015. "Consolidating the water industry: an analysis of the potential gains from horizontal integration in a conditional efficiency framework," Journal of Productivity Analysis, Springer, vol. 44(1), pages 97-114, August.
- Eder, Andreas, 2017. "Cost efficiency and economies of diversification of biogas-fuelled cogeneration plants in Austria: a nonparametric approach," MPRA Paper 80369, University Library of Munich, Germany.
- Pablo Arocena, 2005. "The measurement of scope, scale and diversification economies: How (in)efficient is electricity restructuring and unbundling?," Working Papers 2005/1, Institut d'Economia de Barcelona (IEB).
- Eder, Andreas, 2018. "Measuring and decomposing economies of diversification: An application to biogas-fuelled cogeneration plants in Austria," International Journal of Production Economics, Elsevier, vol. 204(C), pages 421-432.
More about this item
Keywords
Cost function; Economies of scope; Economies of scale; Flexible technology;All these keywords.
JEL classification:
- D30 - Microeconomics - - Distribution - - - General
- D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:88:y:2020:i:c:p:39-46. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.