Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector (Record no. 169169)

MARC details
000 -LEADER
fixed length control field 01921nab a2200193 4500
008 - CÓDIGOS DE INFORMACIÓN DE LONGITUD FIJA - INFORMACIÓN GENERAL
Campo de control de longitud fija 260224s2009 xxu
245 00 - TITULO
Título Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector
260 ## - PUBLICACION, DISTRIBUCION, ETC
Lugar de publicación, distribución, etc.
Nombre de publicador, distribuidor, etc.
Fecha de publicación, distribución, etc. ene. 2009
270 ## - FECHA DE CARGA
Fecha de carga 02/03/2009 ; 02/03/2009
300 ## - DESCRIPCION FISICA
Otra extensión 9 p. ; 204-213
520 ## - RESUMEN, ETC
Resumen Transcripción del resúmen publicado por el autor: Turkish electricity sector has undergone significant institutional changes since 1984. The recent developments since 2001 including the setting up of a regulatory agency to undertake the regulation of the sector and increasing participation of private investors in the field of electricity generation are of special interest. This paper estimates cost functions and investigates the degree of scale economies, overinvestment, and technological progress in the Turkish electricity generation sector for the period 1984–2006 using long-run and short-run translog cost functions. Estimations were done for six groups of firms, public and private. The results indicate existence of scale economies throughout the period of analysis, hence declining long-run average costs. The paper finds empirical support for the Averch–Johnson effect until 2001, i.e., firms overinvested in an environment where there are excess returns to capital. But this effect was reduced largely after 2002. Technological progress deteriorated slightly from 1984–1993 to 1994–2001 but improved after 2002. Overall, the paper found that regulation of the market under the newly established regulating agency after 2002 was effective and there are potential gains from such regulation.
581 ## - ESTADO DE COLECCIÓN
Estado de colección 1
773 0# - CORRECCIÓN
Título Energy Policy
Partes relacionadas 37
942 ## - DESC. DE MATERIAL
Tipo de item KOHA Artículo de Revista
100 1# - RESPONSABLE PERSONAL
Apellido, Nombre Akkemik, K. Ali
9 (RLIN) 40454
650 #0 - MATERIA
Término tópico Electricidad. Generación
9 (RLIN) 2450
Holdings
Biblioteca propietaria Biblioteca actual Fecha de adquisición Inventario Total de préstamos Inventario Fecha de carga Tipo de item KOHA
Biblioteca Alejandro Angel Bulgheroni Biblioteca Alejandro Angel Bulgheroni 05/03/2026 200043963   200043963 05/03/2026 Artículo de Revista


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