IDEAS home Printed from https://ideas.repec.org/a/ibn/ijefaa/v16y2024i8p40.html
   My bibliography  Save this article

Demand-Side Determinants of Billing Efficiency in India: A Panel GMM Approach

Author

Listed:
  • Upendra Nath Behera
  • Asit Ranjan Mohanty
  • Swastik Routray

Abstract

The power sector’s efficiency is paramount in a country such as India, where electricity consumption and access have been tantamount to economic growth. The study investigates whether Billing Efficiency is affected by Per Capita GSDP. A panel has been constructed using data from 17 major states from 2011-12 to 2021-22. The results, obtained using the Generalized Method of Moments (GMM) regression, suggest that Billing Efficiency increases when there is an increase in Per Capita GSDP. People’s affinity to evade paying the bill decreased when their incomes rose. Per Capita Consumption of Power, which the study considered the control variable, exhibited no impact on Billing Efficiency. Estimates indicate an increase of Rs. 10,000 per annum in Per Capita GSDP will increase Billing Efficiency by 0.31%. High-income states showed higher billing efficiency; the intuitive opposite was true for low-income states. As best practice, long-term investment in infrastructure can be a robust solution to reduce the leakages in Input Energy gradually.

Suggested Citation

  • Upendra Nath Behera & Asit Ranjan Mohanty & Swastik Routray, 2024. "Demand-Side Determinants of Billing Efficiency in India: A Panel GMM Approach," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 16(8), pages 1-40, August.
    • Handle: RePEc:ibn:ijefaa:v:16:y:2024:i:8:p:40
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ijef/article/download/0/0/50426/54609
    Download Restriction: no
    File URL: https://ccsenet.org/journal/index.php/ijef/article/view/0/50426
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    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:ibn:ijefaa:v:16:y:2024:i:8:p:40. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.