OWNERSHIP AND EFFICIENCY IN NUCLEAR-POWER PRODUCTION

Authors
Citation
Mg. Pollitt, OWNERSHIP AND EFFICIENCY IN NUCLEAR-POWER PRODUCTION, Oxford Economic Papers, 48(2), 1996, pp. 342-360
Citations number
35
Categorie Soggetti
Economics
Journal title
ISSN journal
00307653
Volume
48
Issue
2
Year of publication
1996
Pages
342 - 360
Database
ISI
SICI code
0030-7653(1996)48:2<342:OAEINP>2.0.ZU;2-#
Abstract
This paper uses Data Envelopment Analysis to examine the relative prod uctive efficiency of a sample of 78 publicly- and privately-owned nucl ear power plants operating the year 1989. The sample includes 13 UK nu clear power plants. Linear programs are used to calculate a variety of plant specific efficiency scores including measures which attempt to adjust for vintage effects. Non-parametric and Tobit/OLS analysis is e mployed to test the null hypothesis that ownership has no effect on pr oductive efficiency. The results tentatively suggest that the UK plant s could expect to reduce costs through significantly lower staffing le vels.