T he electric power industry has attracted great interest over the postwar period as its
importance to national economies was growing. Changes in the cost structure and …

The study by Hjalmarsson and Veiderpass (hereafter HV) is a useful addition to the
productivity literature. It confirms the general picture of a slowdown in productivity growth in …

No student of the electric power industry and its regulation can help but be troubled by the
industry's recent historical record on productivity and technical change. For many years the …

In 1989 the UK began a process of transferring an almost wholly state-owned electricity
supply industry (ESI) into a collection of privately-owned generation, transmission and …

The slowdown in productivity growth in the US economy which began in the 1960s, has
been extensively documented, l and electric utilities appear to be among the worst hit by the …

Australia's electricity supply industry has been through a period of reform over the last 10
years. The purpose of this paper is to analyse the changes that have occurred to the …

When regulating electricity distribution utilities, estimates of the past productivity
improvement performance are very important for future requirements. A piecewise linear …

1. Introduction. The decade since privatisation of the UK electricity industry provides an
important sample over which to measure productivity growth and efficiency change in …

In analyzing the efficiency of electricity distribution companies, according to the economies
of scale hypothesis, due to the existence of natural monopoly properties, larger firms are …

Does the average efficiency of production in the United Kingdom tend to lag behind that in
the United States? The National Institute of Social and Economic Research, in its research …