Regulation, Pollution and Heterogeneity in Japanese Steam Power Generation Companies
JOURNAL
YEAR
Sep 21, 2009
TYPE
Articles in journals
AUTHORS
Barros, C., Managi, S.
VOL Nº
37
PAGES
5
ABSTRACT
In this paper, the random stochastic frontier model is used to estimate the technical efficiency of Japanese steam power generation companies taking into regulation and pollution. The companies are ranked according to their productivity for the period 1976 to 2003 and homogenous and heterogeneous variables in the cost function are disentangled. Policy implication is derived.
JEL CLASS
KEYWORDS
Japan,Energy Companies,Efficiency,Random Frontier Model,Policy Implications,