The cost efficiency of the brazilian electricity distribution utilities: A comparison of bayesian SFA and DEA models

Mathematical Problems in Engineering

Volumn 2010, Issue , 2010, Pages

  Pereira De Souza, Marcus Vinicius ^a   Diallo, Madiagne ^a   Castro Souza, Reinaldo ^a   Baidya, Tara Keshar Nanda ^a  

^a PONTIFICAL CATHOLIC UNIVERSITY OF RIO DE JANEIRO   (Brazil)

Author keywords

[No Author keywords available]

Indexed keywords

BAYESIAN; COST EFFICIENCY; DEA (DATA ENVELOPMENT ANALYSIS); DEA MODELS; EFFICIENCY INDEX; ELECTRICITY DISTRIBUTION UTILITIES; INCENTIVE REGULATIONS; INFLUENTIAL OBSERVATIONS; INFORMATION ASYMMETRY; NON-PARAMETRIC; STOCHASTIC FRONTIER ANALYSIS;

BAYESIAN NETWORKS; ELECTRIC POWER DISTRIBUTION; ELECTRIC UTILITIES; STOCHASTIC MODELS;

DATA ENVELOPMENT ANALYSIS;

EID: 77956960598     PISSN: 1024123X     EISSN: 15635147     Source Type: Journal    
DOI: 10.1155/2010/593059     Document Type: Article

References (44)

1. ANEEL Nota Tcnica no 125/2007SRE/ANEEL, 11 de maio de 2007
2. Jamasb T., Pollitt M., Benchmarking and regulation: international electricity experience Utilities Policy 2000 9 3 107 130
3. Cooper W. W., Seiford L. M., Tone K., Data Envelopment Analysis, a Comprehensive Text with Models Applications, Reference and DEA-Solver Software 2000 Boston, Mass, USA Kluwer Academic
4. Kumbhakar S. C., Lovell C. A. K., Stochastic Frontier Analysis 2000 Cambridge, UK Cambridge University Press
5. Souza M. V. P., Uma Abordagem Bayesiana Para o Clculo dos Custos Operacionais Eficientes das Distribuidoras de Energia Eltrica 2008 Rio de Janeiro, Brazil Tese de Doutorado em Engenharia Eltrica, Pontifcia Universidade Catlica do Rio de Janeiro
6. Resende M., Relative efficiency measurement and prospects for yardstick competition in Brazilian electricity distribution Energy Policy 2002 30 8 637 647
7. Vidal D. N. A., Tvora Junior J. L., Avaliao da eficincia tcnica das empresas de distribuio de energia eltrica brasileiras utilizando a metodologia DEA Proceedings of the 35th Simpsio Brasileiro de Pesquisa Operacional 2003 Natal, Brazil
8. Pessanha J. F. M., Souza R. C., Laurencel L. C., Usando DEA na avaliao da eficincia operacional das distribuidoras do setor eltrico brasileiro Proceedings of the 12th Congresso Latino-Iberoamericano de Investigacion de Operaciones y Sistemas 2004 Cuidad de La Havana, CUBA
9. Sollero M. V. K., Lins M. P. E., Avaliao da eficincia de distribuidoras de energia eltrica atravs da anlise envoltria de dados com restries aos pesos Proceedings of the 36th Simpsio Brasileiro de Pesquisa Operacional (SOBRAPO '04) 2004 So Joo Del Rei, Brazil
10. Zanini A., Regulao Econmica no Setor Eltrico Brasileiro: Uma Metodologia Para Definio de Fronteiras de Eficincia e Clculo do Fator X Para Empresas Distribuidoras de Energia Eltrica 2004 Rio de Janeiro, Brazil Tese de Doutorado em Engenharia Eltrica, PUC-Rio
11. Arcoverde F. D., Tannuri-Pianto M. E., Sousa M. C. S., Mensurao das eficincias das distribuidoras do setor energtico brasileiro usando fronteiras estocsticas 110 Proceedings of the 33th Brazilian Economics Meeting 2005 Natal, Brazil ANPEC
12. Allen R., Athanassopoulos A., Dyson R. G., Thanassoulis E., Weights restrictions and value judgements in data envelopment analysis: evolution, development and future directions Annals of Operations Research 1997 73 13 34
13. Farrell M. J., The measurement of productive efficiency Journal of the Royal Statistic Society 1957 120 253 281
14. Charnes A., Cooper W. W., Rhodes E., Measuring the efficiency of decision making units European Journal of Operational Research 1978 2 6 429 444
15. Zhu J., Quantitative Models for Performance Evaluation and Benchmarking 2003 New York, NY, USA Springer
16. Banker R. D., Charnes A., Cooper W. W., Some models for estimating technical and scale inefficiencies in data envelopment analysis Management Science 1984 30 9 1078 1092
17. Forni A. L. C., On the Detection of Outliers in Data Envelopment Analysis Methodology 2002 So Jos dos Campos, Brazil Dissertao de Mestrado em Engenharia Mecnica-Aeronutica, Instituto Tecnolgico de Aeronutica
18. Simar L., Wilson P. W., Non-parametric tests of returns to scale European Journal of Operational Research 2002 139 1 115 132
19. Fre R., Grosskopf S., A nonparametric cost approach to scale efficiency Scandinavian Journal of Economics 1985 87 594 604
20. Coelli T., Rao D. S. P., Battese G. E., An Introduction to Efficiency and Productivity Analysis 1998 Boston, Mass, USA Kluwer Academic
21. Davies L., Gather U., The identification of multiple outliers Journal of the American Statistical Association 1993 88 423 782 792
22. Simar L., Detecting outliers in frontier models: a simple approach The Journal of Productivity Analysis 2003 20 3 391 424
23. Dusansky R., Wilson P. W., On the relative efficiency of alternative modes of producing a public sector output: the case of the developmentally disabled European Journal of Operational Research 1995 80 3 608 618
24. Wilson P. W., Detecting outliers in deterministic non-parametric frontier models with multiple outputs Journal of Business and Economic Statistics Analysis 1993 11 319 323
25. Wilson P. W., Detecting influential observations in data envelopment analysis The Journal of Productivity Analysis 1995 6 1 27 45
26. Pastor J. T., Ruiz J. L., Sirvent I., A statistical test for detecting influential observations in DEA European Journal of Operational Research 1999 115 3 542 554
27. Andrews D. F., Pregibon D., Finding the outliers that matter Journal of the Royal Statistical Society, Series B 1978 40 85 93
28. Meeusen W., Van Den Broeck J., Efficiency estimation from Cobb-Douglas production functions with composed error International Economic Review 1977 18 435 444
29. Aigner D., Lovell C. A. K., Schmidt P., Formulation and estimation of stochastic frontier production function models Journal of Econometrics 1977 6 1 21 37
30. Battese G. E., Corra G. S., Estimation of a production frontier model with application to the pastoral zone of eastern Australia Australian Journal of Agricultural Economics 1977 21 169 179
31. Stevenson R. E., Likelihood functions for generalized stochastic frontier estimation Journal of Econometrics 1980 13 1 57 66
32. Greene W. H., A Gamma-distributed stochastic frontier model Journal of Econometrics 1990 46 1-2 141 163
33. Medrano L. A. T., Migon H. S., Critrios baseados na Deviance para a comparao de modelos Bayesiano de fronteira de produo estocstica 2004 176 Rio de Janeiro, Brazil UFRJ
34. Van Den Broeck J., Koop G., Osiewalski J., Steel M. F. J., Stochastic frontier models: a Bayesian perspective Journal of Econometrics 1994 61 2 273 303
35. Koop G., Osiewalski J., Steel M. F. J., Posterior analysis of stochastic frontier models using Gibbs sampling Computational Statistics 1995 10 353 373
36. Fernndez C., Osiewalski J., Steel M. F. J., On the use of panel data in stochastic frontier models with improper priors Journal of Econometrics 1997 79 1 169 193
37. Osiewalski J., Steel M. F. J., Numerical tools for the Bayesian analysis of stochastic frontier models The Journal of Productivity Analysis 1998 10 1 103 117
38. Koop G., Osiewalski J., Steel M. F. J., Bayesian efficiency analysis through individual effects: hospital cost frontiers Journal of Econometrics 1997 76 1-2 77 105
39. Gamerman D., Markov Chain Monte CarloStochastic Simulation for Bayesian Inference 1997 London, UK Chapman and Hall
40. Ehlers R. S., Mtodos computacionais intensivos no R. 2005, http://www.icmc.usp.br/ehlers/SME0809/praticas/node12.html
41. Souza M. V. P., Souza R. C., Baidya T. K. N., On estimating the cost efficiency of the Brazilian electricity distribution utilities using DEA and Bayesian SFA models Proceedings of the 41th Simpsio Brasileiro de Pesquisa Operacional (SOBRAPO '09) 2009 Porto Seguro, Brazil
42. Frsund F. R., Lovell C. A. K., Schmidt P., A survey of frontier production functions and of their relationship to efficiency measurement Journal of Econometrics 1980 13 1 5 25
43. Pitt M. M., Lee L.-F., The measurement and sources of technical inefficiency in the indonesian weaving industry Journal of Development Economics 1981 9 1 43 64
44. Coelli T., Battese G. E., Identification of factors which influence the technical inefficiency of Indian farmers Australian Journal of Agricultural and Resource Economics 1996 40 2 103 128