Measuring potential gains from mergers among electricity distribution companies in Turkey using a non-Parametric model

Bagdadioglu, Necmiddin, Waddams Price, Catherine and Weyman-Jones, Thomas (2007) Measuring potential gains from mergers among electricity distribution companies in Turkey using a non-Parametric model. The Energy Journal, 28 (2). pp. 83-110.

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Abstract

Turkish electricity reform is entering a new phase through the Turkish Government’s proposal to create 21 new distribution companies, 18 of them by m erger. Two aspects of merger analysis are the operational cost savings and the potential production efficiency gains. This paper concentrates on the secondaspect and uses a recently developed methodology to assess the potential effect of these mergers and whether these mergers are efficiency enhancing. This is performed by comparing the actual efficiency levels of observed distribution companies with the merger of proposed aggregated companies. The model is calibrated on panel data from 1999 to 2003 which include m easures of physical capital and labor inputs, as well as customer and energy related outputs. The results indicate potential for considerable efficiency gains from the proposed mergers.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Depositing User:	Julia Sheldrake
Date Deposited:	05 May 2011 13:27
Last Modified:	19 Jun 2024 15:30
URI:	https://ueaeprints.uea.ac.uk/id/eprint/29928
DOI:	10.5547/ISSN0195-6574-EJ-Vol28-No2-4

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