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Productivity Benchmarking in Incentive Regulation of Public Utilities: Evidence from Czech Gas Utilities and Implications for Post-Communist Countries

机译:公用事业奖励监管的生产力基准:来自捷克天然气公用事业的证据和邮政编码国家的影响

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Incentive regulation and regulatory benchmarking are becoming frequently used tools in tariff regulation of public utilities, including natural gas distribution companies. The first part of the article deals with the principles of incentive regulation and total factor productivity measurement. The second part is focused on measurement of the productivity development of the Czech regional gas distribution companies in the period 2001-2011 using Fisher index. The authors do not recommend using TFP-based tariff setting in the Czech Republic, nor in other post-communist countries. In particular, the events which took place in the period under consideration resulted in a distortion of available data which disallow their efficient use in tariff regulation at the present time and in the near future. The authors suggest using the TFP approach rather as an underlying method for further analysis and tariff setting.
机译:激励规定和监管基准正在成为公共公用事业资源监管的经常使用工具,包括天然气分销公司。文章的第一部分涉及激励规范和总因素生产力测量的原则。第二部分专注于使用Fisher指数在2001 - 2011年期间的捷克地区天然气分销公司的生产力发展的衡量。作者不建议在捷克共和国的基于TFP的关税环境,也不建议在其他邮政编程国家。特别是,在所考虑的时期发生的事件导致可用数据的扭曲,这些数据在目前和在不久的将来禁止其在关税监管中的有效利用。作者建议使用TFP方法,而是作为进一步分析和关税环境的底层方法。

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