In: Annals of Public and Cooperative Economics, 2006, vol. 77, no. 3, p. 271–290
This paper explores the application of several panel data models in measuring productive efficiency of the electricity distribution sector. Stochastic Frontier Analysis has been used to estimate the cost-efficiency of 59 distribution utilities operating over a nine year period in Switzerland. The estimated coefficients and inefficiency scores are compared across three different panel data models....
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