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Performance benchmarking for regulating electricity distribution: Insights from empirical academic research
Author(s) -
Arocena Pablo,
Kumbhakar Subal C.,
Lien Gudbrand
Publication year - 2025
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/joes.12656
Subject(s) - benchmarking , electricity , electric power distribution , economics , industrial organization , productivity , distribution (mathematics) , empirical research , benchmark (surveying) , regional science , environmental economics , business , public economics , macroeconomics , engineering , management , sociology , electrical engineering , mathematical analysis , mathematics , philosophy , geodesy , epistemology , voltage , geography
Abstract Given its technological characteristics, the electricity distribution is managed by regional monopolies worldwide. Effective regulation of these monopolies requires rigorous performance benchmarking analysis across comparable peers in the industry. This article provides a comprehensive review of empirical studies examining efficiency and productivity change within the electricity distribution over the past three decades. We provide an overview of the main methodological frontier approaches employed, alongside an analysis of the findings from previous empirical studies. We identify methodological and data‐related issues while highlighting challenges to be addressed in future research on benchmarking analysis for regulation.

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