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Nieswand, Maria
Cullmann, Astrid
Neumann, Anne
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[Journal:] Review of Network Economies [ISSN:] 1446-9022 [Volume:] 9 [Issue:] 2 (Article No.:) 4
We empirically demonstrate a practical approach of efficiency evaluation with limited data availability in some regulated industries. We apply PCA-DEA for radial efficiency measurement to U.S. natural gas transmission companies in 2007. PCA-DEA reduces dimensions of the optimization problem while maintaining most of the variation in the original data. Our results suggest that the methodology reduces the probability of over-estimation of individual firm-specific performance.
Efficiency Analysis
Network Regulation
Natural Gas Transmission
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Dieser Beitrag ist mit Zustimmung des Rechteinhabers aufgrund einer (DFG-geförderten) Allianz- bzw. Nationallizenz frei zugänglich. - This publication is with permission of the rights owner freely accessible due to an Alliance licence and a national licence (funded by the DFG, German Research Foundation) respectively
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