Abstract
This paper aims to evaluate the technical efficiency of Thai electricity generation under public ownership. Technical efficiency is measured employing a comparative application of nonparametric and parametric approaches, namely Data Envelopment Analysis and Stochastic Frontier Analysis respectively in two separate cases: Thai and Australian power plants and electricity suppliers in various countries. The results from inter-country comparison show that the Thai state owned electricity generating company is on the frontier and performs better than other electricity suppliers in OECD and non-OECD countries on average. Implications for the analysis of privatisation are discussed.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
