Regulatory reforms and productivity: An empirical analysis of the Japanese electricity industry

Makiko Nakano, Shunsuke Managi

研究成果: Contribution to journalArticle査読

100 被引用数 (Scopus)

抄録

The Japanese electricity industry has experienced regulatory reforms since the mid-1990s. This article measures productivity in Japan's steam power-generation sector and examines the effect of reforms on the productivity of this industry over the period 1978-2003. We estimate the Luenberger productivity indicator, which is a generalization of the commonly used Malmquist productivity index, using a data envelopment analysis approach. Factors associated with productivity change are investigated through dynamic generalized method of moments (GMM) estimation of panel data. Our empirical analysis shows that the regulatory reforms have contributed to productivity growth in the steam power-generation sector in Japan.

本文言語英語
ページ(範囲)201-209
ページ数9
ジャーナルEnergy Policy
36
1
DOI
出版ステータス出版済み - 1 2008
外部発表はい

All Science Journal Classification (ASJC) codes

  • エネルギー(全般)
  • 管理、モニタリング、政策と法律

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