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| Title: | Productivity growth and efficiency change in electricity distribution |
| Authors: | Tilley, Brian
Weyman-Jones, Thomas G. |
| Issue Date: | 2001 |
| Citation: | TILLEY, B. and WEYMAN-JONES, T., 2001. Productivity growth and efficiency change in electricity distribution. In: A New Era for Energy: Price Signals, Industry Structure and Environment , 1999 British Institute of Energy Economics Conference , St John's College, Oxford, January 1999, pp 1-10 . |
| Abstract: | The decade since privatisation of the UK electricity industry
provides an important sample over which to measure productivity growth and
efficiency change in electricity distribution. The core idea of incentive based RPIX
regulation is to stimulate productivity growth and the convergence of efficiency
change amongst the distribution companies. The X factor may represent the
regulator’s estimate of the potential for productivity growth, and may also be an
instrument for yardstick regulation of these regional distribution monopolies. The
expectations generated by the privatisation programme are of large increases in
productivity. |
| Description: | This is a conference paper. |
| URI: | https://dspace.lboro.ac.uk/2134/886 |
| Appears in Collections: | Conference Papers (Economics)
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