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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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