Structural Reforms and Technical Efficiency in the Indian Electricity Distribution Sector

2020 ◽  
Vol 37 (02) ◽  
pp. 2050004
Author(s):  
Sudhir Mahadeo Bobde ◽  
Makoto Tanaka

This paper examines the impact of electricity reforms on the technical efficiency of the power distribution sector in India, using state-level panel data for the period 1995–2012. We use a two-stage data envelopment analysis (DEA), where DEA efficiency estimates obtained in the first stage are regressed on policy reform variables and some external environmental variables in the second-stage analysis. The bootstrap method is applied to analyze the statistical properties of the nonparametric estimates. First, we find that the partially unbundled structure of the electricity industry, where generation and distribution sectors are integrated but the transmission sector is separate, had significant positive impact on the technical efficiency of the distribution sector. Second, our result indicates that the legislation of electricity reforms had a significantly negative effect on technical efficiency. Third, we find that small-sized electricity distribution sectors/states experienced significant positive gain in technical efficiency when interacted with partial or full unbundling.

New Medit ◽  
2020 ◽  
Vol 19 (4) ◽  
Author(s):  
Saša Todorović ◽  
Ružica Papić ◽  
Pavel Ciaian ◽  
Natalija Bogdanov

This paper analyses the technical efficiency of arable farms in Serbia and its determinants using a two-stage double bootstrap Data Envelopment Analysis (DEA) approach on the Farm Accountancy Data Network (FADN) data from 2014 and 2015 with special emphasis on the impact of agricultural subsidies on the technical efficiency of arable farms in Serbia. Bias-corrected DEA efficiency scores were first calculated and then regressed on a set of explanatory variables using the double-truncated regression approach. The estimates suggest that the share of rented land, land to labour ratio and financial stress variables are the main determinants of arable farm efficiency in Serbia. For the subsidies we found that area payments and input subsidies have some impacts on the technical efficiency of arable farms. In contrast, investment and other subsidies were found to have an insignificant impact on farm technical efficiency. These results suggest that the future potential shift of the Serbian agricultural support towards the Common Agricultural Policy (CAP)-like area based payments is expected to have a minimal but likely positive impact on farms technical efficiency in Serbia.


ABSTRACT The present study was undertaken to explore the evolution of the impact of firm-level performance on employment level and wages in the Indian organized manufacturing sector over the period 1989-90 to 2013-14. One of the major components of the economic reform package was the deregulation and de-licensing in the Indian organized manufacturing sector. The impact of firm-level performance on employment and wages were estimated for Indian organized manufacturing sector in major sub-sectors in India during the period from 1989-90 to 2013-14 of the various variables namely profitability ratio, total factor productivity change, technical change, technical efficiency, openness (export-import), investment intensity, raw material intensity and FECI in total factor productivity index, technical efficiency, and technical change. The study exhibited that all explanatory variables except profitability ratio and technical change cost had a positive impact on the employment level. Out of eight variables, four variables such as net of foreign equity capital, investment intensity, TFPCH, and technical efficiency change showed a positive impact on wages and salary ratio and rest of the four variables such as openness intensity, technology acquisition index, profitability ratio, and technical change had negative impact on wages and salary ratio. In this context, the profit ratio should be distributed as per the marginal rule of economics such as the marginal productivity of labour and capital.


Vaccines ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 444
Author(s):  
Charles Stoecker

In the past two decades, most states in the United States have added authorization for pharmacists to administer some vaccinations. Expansions of this authority have also come with prescription requirements or other regulatory burdens. The objective of this study was to evaluate the impact of these expansions on influenza immunization rates in adults age 65 and over. A panel data, differences-in-differences regression framework to control for state-level unobserved confounders and shocks at the national level was used on a combination of a dataset of state-level statute and regulatory changes and influenza immunization data from the Behavioral Risk Factor Surveillance System. Giving pharmacists permission to vaccinate had a positive impact on adult influenza immunization rates of 1.4 percentage points for adults age 65 and over. This effect was diminished by the presence of laws requiring pharmacists to obtain patient-specific prescriptions. There was no evidence that allowing pharmacists to administer vaccinations led patients to have fewer annual check-ups with physicians or not have a usual source of health care. Expanding pharmacists’ scope of practice laws to include administering the influenza vaccine had a positive impact on influenza shot uptake. This may have implications for relaxing restrictions on other forms of care that could be provided by pharmacists.


2015 ◽  
Vol 8 (1) ◽  
pp. 19-72 ◽  
Author(s):  
Kanika Mahajan

Purpose – The purpose of this paper is to examine the impact of National Rural Employment Guarantee Scheme (NREGS) on farm sector wage rate. This identification strategy rests on the assumption that all districts across India would have had similar wage trends in the absence of the program. The author argues that this assumption may not be true due to non-random allocation of districts to the program’s three phases across states and different economic growth paths of the states post the implementation of NREGS. Design/methodology/approach – To control for overall macroeconomic trends, the author allows for state-level time fixed effects to capture the differences in growth trajectories across districts due to changing economic landscape in the parent-state over time. The author also estimates the expected farm sector wage growth due to the increased public work employment provision using a theoretical model. Findings – The results, contrary to the existing studies, do not find support for a significantly positive impact of NREGS treatment on private cultivation wage rate. The theoretical model also shows that an increase in public employment work days explains very little of the total growth in cultivation wage post 2004. Originality/value – This paper looks specifically at farm sector wage growth and the possible impact of NREGS on it, accounting for state specific factors in shaping farm wages. Theoretical estimates are presented to overcome econometric limitations.


2021 ◽  
pp. 232948842110323
Author(s):  
Rebecca Van Herck ◽  
Sofie Decock ◽  
Bernard De Clerck ◽  
Liselot Hudders

This study investigates the effect of linguistic realizations of employee empathy (LREE) on brand trust in email responses to customer complaints. We explore possible mediating effects of perceived empathy and perceived complaint handling quality and we look into moderation effects of compensation (Study 1) or customer’s acceptance of blame (Study 2). Our aim is to find out if LREE have a negative or positive impact on the customer in cases of partial refunds, either because LREE are being perceived as insincere or as genuine expressions of concern. The results of two experiments show that LREE positively influence brand trust through higher perceived empathy and perceived complaint handling quality. However, the expected negative effect is not found, as LREE are more effective in a low versus high compensation condition. The effectiveness itself is not influenced by the acceptance of blame when a partial refund is offered.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xianchun Zhang ◽  
Zhu Yao ◽  
Wan Qunchao ◽  
Fu-Sheng Tsai

Purpose Time pressure is the most common kind of work pressure that employees face in the workplace; the existing research results on the effect of time pressure are highly controversial (positive, negative, inverted U-shaped). Especially in the era of knowledge economy, there remains a research gap in the impact of time pressure on individual knowledge hiding. The purpose of this paper is to explore the impact of different time pressure (challenge and hindrance) on knowledge hiding and to explain why there is controversy about the effect of time pressure in the academics. Design/methodology/approach The authors collected two waves of data and surveyed 341 R&D employees in China. Moreover, they used regression analysis, bootstrapping and Johnson–Neyman statistical technique to verify research hypotheses. Findings The results show that challenge time pressure (CTP) has a significant negative effect on knowledge hiding, whereas hindrance time pressure (HTP) has a significant positive effect on knowledge hiding; job security mediates the relationship between time pressure and knowledge hiding; temporal leadership strengthen the positive impact of CTP on job security; temporal leadership can mitigate the negative impact of HTP on job security. Originality/value The findings not only respond to the academic debate about the effect of time pressure and point out the reasons for the controversy but also enhance the scholars’ attention and understanding of the internal mechanism between time pressure and knowledge hiding.


2016 ◽  
Vol 2016 (5) ◽  
pp. 69-91
Author(s):  
Yuliya Orlova ◽  
Olga Kadreva

The paper investigates the mid-term results of the tariff regulation influence on the amount of capital expenditures in Russian electricity distribution sector. We estimate panel data with the dynamic investment model using system GMM method. We showed that horizon of tariff regulation period is statistically significant and transition from the short-term regulation to the long-term tariff system had positive effect on the amount of regulated companies’ investments. At the same time we found that the design of long-term regulation applied in Russia in 2009–2013 (type of RAB-regulation and long-term indexation) was not statistically significant to the amount of investments. All over all, the amount of investments in electricity distribution networks has similar to European peers explanatory factors. The obtained results are important to the further improvement of regulation in power energy and can be applied in district heating as well.


2009 ◽  
Vol 73 (3) ◽  
pp. 69-85 ◽  
Author(s):  
Tillmann Wagner ◽  
Thorsten Hennig-Thurau ◽  
Thomas Rudolph

Hierarchical loyalty programs award elevated customer status (e.g., “elite membership”) to consumers who meet a predefined spending level. However, if a customer subsequently falls short of the required spending level, firms commonly revoke that status. The authors investigate the impact of such customer demotion on loyalty intentions toward the firm. Building on prospect theory and emotions theory, the authors hypothesize that changes in customer status have an asymmetric negative effect, such that the negative impact of customer demotion is stronger than the positive impact of status increases. An experimental scenario study provides evidence that loyalty intentions are indeed lower for demoted customers than for those who have never been awarded a preferred status, meaning that hierarchical loyalty programs can drive otherwise loyal customers away from a firm. A field study using proprietary sales data from a different industry context demonstrates the robustness of the negative impact of customer demotion. The authors test the extent to which design variables of hierarchical loyalty programs may attenuate the negative consequences of status demotions with a second experimental scenario study and present an analytical model that links status demotion to customer equity to aid managerial decision making.


2020 ◽  
Author(s):  
Gayane Karapetyan ◽  
Veronika Barta

<p>Natural and artificial lakes are able to change the climate of their surroundings. These modifications are collectively known as lake effects and range from microscale to synoptic scale. The presence of the lake can cause negative effect on the local thunderstorm activity in summertime decreasing the convection and precipitation over lakes due to the greater stability created by the lower atmosphere and the colder surfaces of the lake [1, 2]. However, it also can have a positive impact on thundercloud generation when the temperature difference between air in 850 mb height and near earth's surface is more than 13 C causing instability in the atmosphere [3].</p><p> </p><p>The main objective of the present study is to investigate the impact of Lake Fertő (Neusiedler See, located in Hungary and Austria) on local thunderstorm activity by applying statistical analysis on meteorological and lightning data and event studies. Data of the Blitzortung lightning location network, local meteorological data (temperature, precipitation) measured at stations around the lake, water temperature measured at Fertőrákos and temperature measured at 850 mb in Vienna station were used for the analysis. The local thunderstorm activity was investigated during summertime (May - September) in 2015, 2016 and 2017. Lightning distribution maps above and around the lake for the investigated period have been determined based on the Blitzortung data.</p><p> </p><p>According to the lightning distribution maps we can not observe any positive impact of the lake on the lightning activity when water temperature was higher than the air temperature around the lake. Furthermore, we can not conclude that there is a clear negative effect of the lake on the lightning activity based on the lightning distribution maps when the air temperature is higher than the water temperature. Nevertheless, there are some months when it seems a clear border between the lightning activity measured above the lake and at the coast (e. g. in June and July 2015, June 2016). The negative effect also seems to appear in some cases of the investigated local individual thunderstorms, namely the thunderstorm activity is larger above the surrounding surface than directly above the lake. This seems to strengthen the hypothesis that "Deep convection is not often formed in summer above the lakes, and existing storms dissipate significantly when moving above the lakes due to the greater stability created by the lower atmosphere and the colder surfaces of the lake" [1].</p><p> </p><p>[1] Lyons, W. A., Some effects of Lake Michigan upon sqall lines and summertime convention. Proc. 9th Conf. Great Lakes Research, Great Lakes Res. Div. Publ. No. 15, University of Michigan, 259–273, 1966</p><p>[2] Scott, R. W., & Huff, F. A. . Impacts of the Great Lakes on Regional Climate Conditions. Journal of Great Lakes Research, 22(4), 845–863., 1996</p><p>[3] Wilson, J. W. : Effect of Lake Ontario on precipitation. Mon. Wea. Rev. 105, 207–214., 1977</p>


2014 ◽  
Vol 472 ◽  
pp. 1074-1078 ◽  
Author(s):  
Xiao Yan Han ◽  
Di Chen ◽  
Wen Shi ◽  
Jie Lv

This paper analyzed the effects of the off-farm employment and the outsourcing production pattern on the technical efficiency of grain production by the two-step method of DEA-Tobit, based on the data of grain production in the major areas of Liaoning province, in the year of 2011. It observed these findings that off-farm employment and income structure change did not have an effect on technical efficiency. Even then this is evidence that age makes a negative effect on farm technical efficiency but it is weakly. Farm scale and specialization have a positive effect on technical efficiency. And both large farm and small farms scale efficiency is on a high level. So a limited impact on farm technical efficiency comes from farm scale as well as a significant positive impact comes from farms production outsourcing.


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