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Changing times - Incentive regulation, corporate reorganisations, and productivity in Great Britain’s gas networks

Author

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  • Victor Ajayi

    (Energy Policy Research Group, Judge Business School, University of Cambridge)

  • Michael Pollitt

    (Energy Policy Research Group, Judge Business School, University of Cambridge)

Abstract

No abstract is available for this item.

Suggested Citation

  • Victor Ajayi & Michael Pollitt, 2022. "Changing times - Incentive regulation, corporate reorganisations, and productivity in Great Britain’s gas networks," Working Papers 023, The Productivity Institute.
    • Handle: RePEc:anj:wpaper:023
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    File URL: https://www.productivity.ac.uk/wp-content/uploads/2022/12/WP023-Changing-times-gas-networks-FINAL-cover-200722.pdf
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    References listed on IDEAS

    as
    1. Nieswand Maria & Cullmann Astrid & Neumann Anne, 2010. "Overcoming Data Limitations in Nonparametric Benchmarking: Applying PCA-DEA to Natural Gas Transmission," Review of Network Economics, De Gruyter, vol. 9(2), pages 1-22, June.
    2. Tooraj Jamasb and Michael Pollitt, 2005. "Electricity Market Reform in the European Union: Review of Progress toward Liberalization & Integration," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 11-42.
    3. Gugler, Klaus & Liebensteiner, Mario, 2019. "Productivity growth and incentive regulation in Austria's gas distribution," Energy Policy, Elsevier, vol. 134(C).
    4. Rossi, Martin A., 2001. "Technical change and efficiency measures: the post-privatisation in the gas distribution sector in Argentina," Energy Economics, Elsevier, vol. 23(3), pages 295-304, May.
    5. Waddams Price, Catherine, 1997. "Competition and Regulation in the UK Gas Industry," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 13(1), pages 47-63, Spring.
    6. Jamasb, Tooraj & Pollitt, Michael & Triebs, Thomas, 2008. "Productivity and efficiency of US gas transmission companies: A European regulatory perspective," Energy Policy, Elsevier, vol. 36(9), pages 3398-3412, September.
    7. Beatriz Tovar & Ramos-Real & Fagundes de Almeida, 2015. "Efficiency and performance in gas distribution. Evidence from Brazil," Applied Economics, Taylor & Francis Journals, vol. 47(50), pages 5390-5406, October.
    8. Fare, R. & Grosskopf, S. & Roos, P., 1995. "Productivity and quality changes in Swedish pharmacies," International Journal of Production Economics, Elsevier, vol. 39(1-2), pages 137-144, April.
    9. Paola Fabbri & Giovanni Fraquelli & Roberto Giandrone, 2000. "Costs, technology and ownership of gas distribution in Italy," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 21(2), pages 71-81.
    10. Kim, Tai-Yoo & Lee, Jeong-Dong & Park, Yearn H. & Kim, Boyoung, 1999. "International comparisons of productivity and its determinants in the natural gas industry," Energy Economics, Elsevier, vol. 21(3), pages 273-293, June.
    11. Kumbhakar,Subal C. & Wang,Hung-Jen & Horncastle,Alan P., 2015. "A Practitioner's Guide to Stochastic Frontier Analysis Using Stata," Cambridge Books, Cambridge University Press, number 9781107609464, January.
    12. Jamasb, T. & Pollitt, M., 2000. "Benchmarking and regulation: international electricity experience," Utilities Policy, Elsevier, vol. 9(3), pages 107-130, September.
    13. Giannakis, Dimitrios & Jamasb, Tooraj & Pollitt, Michael, 2005. "Benchmarking and incentive regulation of quality of service: an application to the UK electricity distribution networks," Energy Policy, Elsevier, vol. 33(17), pages 2256-2271, November.
    14. Timothy J. Coelli & D.S. Prasada Rao & Christopher J. O’Donnell & George E. Battese, 2005. "An Introduction to Efficiency and Productivity Analysis," Springer Books, Springer, edition 0, number 978-0-387-25895-9, April.
    15. Jamasb, Tooraj & Pollitt, Michael, 2007. "Incentive regulation of electricity distribution networks: Lessons of experience from Britain," Energy Policy, Elsevier, vol. 35(12), pages 6163-6187, December.
    16. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
    17. Fare, Rolf & Shawna Grosskopf & Mary Norris & Zhongyang Zhang, 1994. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries," American Economic Review, American Economic Association, vol. 84(1), pages 66-83, March.
    18. Granderson, Gerald & Linvill, Carl, 1996. "The Impact of Regulation on Productivity Growth: An Application to the Transmission Sector of the Interstate Natural Gas Industry," Journal of Regulatory Economics, Springer, vol. 10(3), pages 291-306, November.
    19. Alaeifar, Mozhgan & Farsi, Mehdi & Filippini, Massimo, 2014. "Scale economies and optimal size in the Swiss gas distribution sector," Energy Policy, Elsevier, vol. 65(C), pages 86-93.
    20. Lowry Mark N. & Getachew Lullit, 2009. "Econometric TFP Targets, Incentive Regulation and the Ontario Gas Distribution Industry," Review of Network Economics, De Gruyter, vol. 8(4), pages 1-21, December.
    21. Gerald Granderson, 2000. "Regulation, Open-Access Transportation, and Productive Efficiency," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 16(3), pages 251-266, May.
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    Cited by:

    1. Victor Ajayi & Michael Pollitt, 2022. "Green growth and net zero policy in the UK: some conceptual and measurement issues," Working Papers 024, The Productivity Institute.

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    More about this item

    Keywords

    Total factor productivity; incentive regulation; corporate reorganisations; gas networks; data envelopment analysis;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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