The role of benchmarking for yardstick competition

Utilities Policy

Volumn 13, Issue 4, 2005, Pages 302-309

  Burns, Phil ^a   Jenkins, Cloda ^a   Riechmann, Christoph ^a  

^a Frontier Economics y Barcelona School of Economics   (United Kingdom)

Author keywords

Benchmarking; Productivity; Utilities; Yardstick regulation

Indexed keywords

COMPETITION (ECONOMICS); MEASUREMENT METHOD; PRODUCTIVITY;

EID: 28244477100     PISSN: 09571787     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jup.2005.02.002     Document Type: Article

References (25)

1. D. Aigner C.A.K. Lovell P. Schmidt Formulation and estimation of stochastic frontier production function models Journal of Econometrics 6 1977 21-37
2. R.D. Banker A. Charnes W.W. Cooper Some models for estimating technical and scale efficiencies in data envelopment analysis Management Science 30 1984 1078-1092
3. D. Bös Privatization - a Theoretical Treatment 1991 OUP Oxford
4. U. Brunner C. Riechmann Wettbewerbsgerechte Preisbildung in der Wasserwirtschaft Zeitschrift für öffentliche und gemeinwirtschaftliche Unternehmen (ZögU) 27 2 2004 115-130
5. P. Burns Yardstick competition in regulatory processes In: CRI (Eds.) Regulatory Review 1995
6. P. Burns T.G. Weyman-Jones Cost drivers and cost efficiency in electricity distribution: A stochastic frontier approach Bulletin of Economic Research 48 1 1996 41-64
7. Burns, P., Davies, J., 1998. Regulatory incentives and capital efficiency in UK electricity distribution businesses. CRI occasional paper no. 12, December 1998.
8. P. Burns J. Davies C. Riechmann Benchmarking von Netzkosten - DEA am Beispiel der Stromverteiler in Großbritannien Benchmarking network cost - application of DEA to electricity distributors in Great Britain Zeitschrift für Energiewirtschaft 23 4 1999 285-301
9. P. Burns M. Huggins C. Riechmann T. Weyman-Jones Choice of Model and Availability of Data for the Efficiency Analysis of Dutch Network and Supply Businesses in the Electricity Sector February 2000 DTe, Netherlands Electricity Regulatory Services
10. Burns, P., Jenkins, C., Milczarek, J., Riechmann C., 2004. Yardstick competition - a win-win setting? Paper presented at the third WIP Conference on Applied Infrastructure Research. Berlin, 8 October 2004.
11. T. Coelli A Primer on Efficiency Measurement for Utilities and Transport Regulators 2003 Worldbank Institute Development Studies Washington D.C.
12. T.J. Coelli D.S. Prasada Rao G. Battese Introduction to Efficiency and Productivity Analysis 1998 Kluwer Boston
13. W. Fritz K. Lüdorf H.-J. Haubrich Einfluss von Strukturgrößen auf Mittel- und Niederspannungsnetzkosten Energiewirtschaftliche Tagesfragen 52 6 2002 385-387
14. W. Fritz C. Zimmer Bedeutung von Struktureinflüssen beim Netzbenchmarking Energiewirtschaftliche Tagesfragen 54 5 2004 320-323
15. W.H. Greene Frontier production functions In: M. Hashem Pesaran Peter Schmidt (Eds.) Handbook of Applied Econometrics Microeconomics vol. II 1997
16. Honkapuro, S., Lassila, J., Viljainen S., Tahvanainen, K., Partanen, J., 2004. Effects of Benchmarking of Electricity Distribution Companies in Nordic Countries - Comparison Between Different Benchmarking Methods. Lappeenranta University of Technology. Paper presented at Nordic Distribution and Asset Management Conference 2004. Available from:
17. Jamasb TJ., Pollitt MG,. 2001 International benchmarking and yardstick regulation: An application to European electricity utilities. DAE working paper no. 0115. Available from:
18. J. Katzfey F. Vetter H. Chabowski T. Hiller E. Heitmeier D. Nitzschke J. Oberländer Modellnetzverfahren zur Bestimmung kostentreibender Strukturmerkmale Elektrizitätwirtschaft 103 6 2004 14-22
19. G. Kutschke G. Mölder J. Niessen R. Weißenfels Anreizregulierung für den Zugang zu den deutschen Stromnetzen - Vergleich deutscher und internationaler Erfahrungen Energiewirtschaftliche Tagesfragen 54 3 2004 139-143
20. K.C. Land C.A.K. Lovell S. Thore Chance constrained data envelopment analysis Managerial and Decision Economics 14 1993 541-554
21. C.A.K. Lovell Production frontiers and productive efficiency In: H.O. Fried C.A.K. Lovell S. Schmidt (Eds.) The Measurement of Productive Efficiency: Techniques and Applications 1993 Oxford University Press Oxford
22. Riechmann, C., 2003. Benchmarking des Stromnetzbetriebs in Österreich - E-Control Informationday. 27 June 2003, Vienna. ()
23. A. Shleifer A theory of yardstick competition Rand Journal of Economics 16 3, Autumn 1985 319-327
24. Turvey, R., 2004. On Benchmarking and TFP Comparisons. Unpublished mimeo.
25. Weyman-Jones, T.G., 2001. Stochastic non-parametric efficiency measurement in UK electricity distribution. Economics research paper. Department of Economics, Loughborough University, 01/10.