A data envelopment analysis of gas utilities' efficiency

被引：0

作者：

Hollas D.R. ^{[1
]}

Macleod K.R. ^{[2
]}

Stansell S.R. ^{[3
]}

机构：

[1] Department of Economics, University of Texas, San Antonio

[2] Department of Decision Sciences, East Carolina University

[3] Department of Finance, East Carolina University, Greenville

来源：

Journal of Economics and Finance | 2002年 / 26卷 / 2期

关键词：

Data Envelopment Analysis; Technical Efficiency; Efficiency Change; Malmquist Index; Federal Energy Regulatory Commission;

D O I：

10.1007/BF02755980

中图分类号：

学科分类号：

摘要：

This study examines the Natural Gas Policy Act of 1978 and Federal Energy Regulatory Commission (FERC) policies that culminated in Order 636 in 1992. The regulatory environment in which natural gas distribution utilities operate was altered. FERC policies forced local gas distribution utilities into an increasingly competitive environment. Restructuring of the industry may affect economic efficiency. Data Envelopment Analysis is used to examine the economic efficiency of gas distributors during 1975-94. Federal policy appears to lead to a reduction in scale due to restructuring and more competition. Reduced scale economies have not altered the economic efficiency of the utilities.

引用

页码：123 / 137

页数：14

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