Productivity decomposition and economies of scale of Korean fossil-fuel power generation companies: 2001-2012

被引：9
|
作者：
Oh, Dong-hyun [1 ]
Lee, Yong-Gil [2 ]
机构：
[1] Inha Univ, Dept Ind Engn & Management, 100 Inha Ro, Inchon 402751, South Korea
[2] Inha Univ, Dept Energy Resources Engn, 100 Inha Ro, Inchon 402751, South Korea
来源：
ENERGY | 2016年 / 100卷
基金：
新加坡国家研究基金会;
关键词：
Electricity; Productivity decomposition; Production function; Economies of scale; ELECTRICITY-GENERATION; VERTICAL INTEGRATION; MALMQUIST INDEXES; EFFICIENCY; UTILITIES; INDUSTRY; GROWTH; TECHNOLOGY; PROGRESS; MODELS;
D O I：
10.1016/j.energy.2016.01.004
中图分类号：
O414.1 [热力学];
学科分类号：
摘要：
This paper examines TFP (total factor productivity) growth and economies of scale of Korean fossil-fuel power GENCOs (generation companies) between 2001 and 2012. For this empirical investigation, a panel data econometric approach was employed with specification tests in order to obtain robust results. The findings indicate that an average growth rate of the TFP is 033 percent and that GENCOs enjoyed economies of scale for the study period. Based on these results, managerial and industrial implications are provided. (c) 2016 Elsevier Ltd. All rights reserved.
引用
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页码：1 / 9
页数：9
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