Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74968
Authors: 
Zarnic, Ziga
Year of Publication: 
2010
Series/Report no.: 
LICOS Discussion Paper 262
Abstract: 
This paper investigates whether European electricity market refirms have induced any changes infirm efficiency either through productive, allocative or dynamic efficiency improve- ments. In particular, this ex-post analysis looks closely at productivity e ects of changing industry structure, ownership structure and regulation with respect to barriers to entry and access to wholesale and retail markets. Based on the Europeanfirm-level data for the period 1996-2007, the results indicate sluggish productivity improvements of European electricityfirms due to refirms implemented in the last decade. In particular, productivity gains are associated with high-productivityfirms close to the technology frontier, while no signi cant impact is found for the laggards. Looking from a dynamic perspective, it seems that the clos- est are thefirms to the frontier the more they are able to improve productivity in response to liberalization e orts stimulating competition.
Subjects: 
EU electricity market reforms
firms
productivity
regulation
TFP
JEL: 
F10
L11
L51
L94
Document Type: 
Working Paper

Files in This Item:
File
Size
894.02 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.