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Deregulation, efficiency and policy determination: An analysis of Australia's electricity distribution sector
Energy Economics ( IF 12.8 ) Pub Date : 2021-03-02 , DOI: 10.1016/j.eneco.2021.105210
Boon L. Lee , Clevo Wilson , Paul Simshauser , Eucabeth Majiwa

In 1998, the Australian electricity distribution was deregulated with the aim of promoting competition and reducing retail prices. However, since then these outcomes have not transpired, which raises the question of whether there may be underlying causes leading to inefficiencies within the power distribution industry. To assess the performance of the electricity distribution system and sources of (in)efficiency since deregulation, we employ Simar and Wilson's (2007) double bootstrap data envelopment analysis truncated regression approach. The results suggest that most distributors were operating well below efficient levels for the period concerned. In the second-stage analysis, the results indicate that reliability promotes efficiency suggesting that a focus should be placed on the continuous supply of energy. Specifically, inefficient distributors can improve network reliability by replacing aged poles and the expansion of market size could encourage healthy competition.



中文翻译:

放松管制,效率和政策决定:对澳大利亚配电行业的分析

1998年,对澳大利亚的配电进行了放松管制,目的是促进竞争并降低零售价格。但是,自那时以来,这些结果并未发生,这就提出了一个问题,即是否可能存在导致配电行业效率低下的根本原因。为了评估自放松管制以来配电系统的性能和效率低下的原因,我们采用了Simar和Wilson(2007)的双自举数据包络分析截断回归方法。结果表明,在有关时期内,大多数分销商的运营水平均远低于有效水平。在第二阶段分析中,结果表明可靠性提高了效率,这表明应将重点放在持续的能源供应上。具体来说,

更新日期:2021-03-24
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