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Determinants of the European electricity companies efficiency: 2005-2014

Abstract: The growing dependence of economies on electricity makes essential the improvement of the power sector efficiency levels. This study aims to assess the factors that influence the efficiency of companies operating in the European electricity sector. To this end, a Stochastic Frontier Analysis has been applied to 4639 companies, located in 26 European countries, over the 2009-2014 period. Based on the results, it would be advisable, for all electricity subsectors, to reduce the level of indebtedness and to increase the firm size in order to enhance the efficiency levels. The results also show how the activity diversification and the company age affect firms' performance depending on the subsector

 Autoría: Coto-Millán P., de la Fuente M., Fernández X.,

 Fuente: Energy Strategy Reviews, 2018, 21, 149-156

 Editorial: Elsevier

 Año de publicación: 2018

 Nº de páginas: 8

 Tipo de publicación: Artículo de Revista

 DOI: 10.1016/j.esr.2018.06.001

 ISSN: 2211-4688,2211-467X

 Proyecto español: PRE04-2016

 Url de la publicación: https://doi.org/10.1016/j.esr.2018.06.001