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Productivity growth in electric energy retail in Colombia. A bootstrapped malmquist indices approach

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dc.creatorSantamaría, Julieth
dc.creatorTaborda, Rodrígo
dc.date.accessioned2015-09-21T15:11:56Z
dc.date.available2015-09-21T15:11:56Z
dc.date.created2011-11
dc.date.issued2011
dc.description.abstractThis paper offers a productivity growth estimate for electric energy commercialization firms in Colombia, using a non-parametric Malmquist bootstrap methodology. The estimation and methodology serve two main purposes. First, in Colombia Commercialization firms are subject to a price-cap regulation scheme, a non-common arrangement in the international experience for this part of the industry. Therefore the paper’s result suggest an estimate of the productivity factor to be used by the regulator, not only in Colombia but in other countries where commercialization is a growing part of the industry (renewable energy, for instance). Second, because of poor data collection from regulators and firms themselves, regulation based on a single estimation of productivity seems inappropriate and error-prone. The nonparametric Malmquist bootstrap estimation allows an assessment of the result in contrast to a single one estimation. This would open an opportunity for the regulator to adopt a narrower and more accurate productivity estimation or override an implausible result and impose a productivity factor in the price-cap to foster the development of the industry.eng
dc.format.extent21 páginasspa
dc.format.mediumRecurso electrónicospa
dc.format.mimetypeapplication/pdf
dc.format.tipoDocumentospa
dc.identifier.citationSantamaría, J., & Taborda, R. (2011). Productivity growth in electric energy retail in Colombia. A bootstrapped malmquist indices approach. Bogotá: Universidad del Rosario.
dc.identifier.doihttps://doi.org/10.48713/10336_10844
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10844
dc.language.isospa
dc.publisherUniversidad del Rosariospa
dc.publisher.departmentFacultad de Economíaspa
dc.relation.citationIssueNo. 114
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.ispartofSerie documentos de trabajo, N. 114spa
dc.relation.urihttps://ideas.repec.org/p/col/000092/009152.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto completo)spa
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.ddcEconomía de la tierra
dc.subject.keywordDEAeng
dc.subject.keywordMalmquisteng
dc.subject.keywordProductivity growtheng
dc.subject.keywordBootstrapeng
dc.subject.keywordElectricity commercializationeng
dc.subject.keywordColombiaeng
dc.subject.lembComercio internospa
dc.subject.lembProducción de energía eléctrica::Colombiaspa
dc.subject.lembAnálisis de datos de tiempo de falla::Colombiaspa
dc.titleProductivity growth in electric energy retail in Colombia. A bootstrapped malmquist indices approachspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.type.spaDocumento de trabajospa
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