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Technology And Productivity In Italian Electric Municipal Firms

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[This paper analyses the technological characteristics of a sample of Italian electric municipal firms. The standard partial productivity approach is integrated with total factor productivity measures based on Data Envelopment Analysis. Main results can be summarised as follows: i) small firms are often located on the efficiency frontier, this in turn pointing out that technological economies of scale do not seem very important in this industry, ii) the presence of economies of density is confirmed, iii) vertical integrated firms show better productivity performances. Also, according to Malmquist index all firms have experienced technological progress over time and this is particularly true for small firms. Summarising, from a purely technological point of view, small integrated firms seem to be the most efficient organizational structure in this industry.]

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  • Giovanni Fraquelli & Piercarlo Frigero, 1997. "Technology And Productivity In Italian Electric Municipal Firms," CERIS Working Paper 199708, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    • Handle: RePEc:csc:cerisp:199708
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    1. Alessandro Sembenelli & Laura Rondi & Fabio Schiantarelli & Brian Sack, 1993. "Firms' Financial And Real Responses To Business Cycle Shocks And Monetary Tightening: Evidence For Large And Small Italian Companies," CERIS Working Paper 199305, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
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    More about this item

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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