References
- Bagdadioglu, N. (2005). The efficiency consequences of resisting changes in a changing world: Evidence from the Turkish electricity distribution. International Journal of Business, Management, and Economics, 1(2), 23–44.
- Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis. Management Science, 30(9), 1078–1092.10.1287/mnsc.30.9.1078
- Banker, R. D., & Natarajan, R. (2008). Evaluating contextual variables affecting productivity using data envelopment analysis. Operations Research, 56, 48–58.10.1287/opre.1070.0460
- Bogetoft, P., & Otto, L. (2011). Benchmarking with DEA, SFA, and R. New York, NY: Springer.10.1007/978-1-4419-7961-2
- Çelen, A. (2013). Efficiency and productivity (TFP) of the Turkish electricity distribution companies: An application of two-stage (DEA & Tobit) analysis. Energy Policy, 63, 300–310.
- Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of Operational Research, 2(6), 429–444.10.1016/0377-2217(78)90138-8
- Coelli, T. J., Rao, D. S. P., O’Donnell, C. J., & Battese, G. E. (2005). An introduction to efficiency and productivity analysis (2nd ed.). New York, NY: Springer.
- Cooper, W. W., Seiford, L. M., & Tone, K. (2007). Data envelopment analysis (2nd ed.). New York, NY: Springer.
- Daraio, C., & Simar, L. (2007). Advanced robust and nonparametric methods in efficiency analysis: Methodology and applications. New York, NY: Springer Science & Business Media.
- Farrell, M. J. (1957). The measurement of productive efficiency. Journal of the Royal Statistical Society A, 120, 253–281.10.2307/2343100
- Golany, B., & Roll, Y. (1989). An application procedure for DEA. Omega, 17(3), 237–250.10.1016/0305-0483(89)90029-7
- Greene, W. H. (2012). Econometric analysis (7th ed.). New Jersey: Pearson Education.
- Jamasb, T., & Pollitt, M. (2000). Benchmarking and regulation: International electricity experience. Utilities Policy, 9(3), 107–130.10.1016/S0957-1787(01)00010-8
- Kumar, A., & Chatterjee, S. (2012). Electricity Sector in India Policy and Regulation. Oxford: Oxford University Press.10.1093/acprof:oso/9780198082279.001.0001
- Kwoka, J. E. (2005a). Electric power distribution: Economies of scale, mergers, and restructuring. Applied Economics, 37(20), 2373–2386.10.1080/00036840500309247
- Kwoka, J. E. (2005b). The comparative advantage of public ownership: Evidence from U.S. electric utilities. Canadian Journal of Economics, 38(2), 622–640.10.1111/caje.2005.38.issue-2
- Kwoka, J. E., & Pollitt, M. G. (2010). Do mergers improve efficiency? Evidence from restructuring the US electric power sector. International Journal of Industrial Organization, 28(6), 645–656.10.1016/j.ijindorg.2010.03.001
- Kwoka, J. E., Pollitt, M. G., & Sergici, S. (2010). Divestiture policy and operating efficiency in U.S. electric power distribution. Journal of Regulatory Economics, 38(1), 86–109.10.1007/s11149-010-9122-3
- McDonald, J. (2009). Using least squares and tobit in second stage DEA efficiency analyses. European Journal Operations Research, 197, 792–798.10.1016/j.ejor.2008.07.039
- Meenakumari, R., & Kamraj, N. (2008). Measurement of relative efficiency of state owned electric utilities in India using data envelopment analysis. Modern Applied Science, 2(5), 61–71.
- Pollitt, M. G. (1995). Ownership and performance in electric utilities: The International evidence on privatization and efficiency. Oxford: Oxford University Press.
- Pombo, C., & Taborda, R. (2006). Performance and efficiency in Colombia’s power distribution system: Effects of the 1994 reform. Energy Economics, 28(3), 339–369.10.1016/j.eneco.2005.08.001
- Santos, S. P., Amado, C. A. F., & Rosado, J. R. (2011). Formative evaluation of electricity distribution utilities using data envelopment analysis. Journal of the Operational Research Society, 62(7), 1298–1319.10.1057/jors.2010.66
- Saxena, S., & Thakur, T. (2011). Performance evaluation of Indian electrical distribution utilities in the post Electricity Act 2003 era. International Journal of Engineering Management and Economics, 2(4), 281–292.10.1504/IJEME.2011.045428
- Simar, L., & Wilson, P. W. (1998). Sensitivity analysis of efficiency scores: How to bootstrap in nonparametric frontier models. Management Science, 44(1), 49–61.10.1287/mnsc.44.1.49
- Simar, L., & Wilson, P. W. (2000). Statistical inference in nonparametric frontier models: The state of the art. Journal of Productivity Analysis, 13, 49–78.10.1023/A:1007864806704
- Simar, L., & Wilson, P. W. (2007). Estimation and inference in two-stage, semi-parametric models of production processes. Journal of Econometrics, 136(1), 31–64.10.1016/j.jeconom.2005.07.009
- Simar, L., & Wilson, P. W. (2011). Two-stage DEA: Caveat emptor. Journal of Productivity Analysis, 36(2), 205–218.10.1007/s11123-011-0230-6
- Thakur, T., Deshmukh, S. G., & Kaushik, S. C. (2006). Efficiency evaluation of the state owned electric utilities in India. Energy Policy, 34(17), 2788–2804.10.1016/j.enpol.2005.03.022
- Wilson, P. W. (2008). FEAR 1.0: A software package for frontier efficiency analysis with R. Socio-Economic Planning Sciences, 42, 247–254.10.1016/j.seps.2007.02.001
- Wooldridge, J. M. (2009). Introductory econometrics: A modern approach (4th ed.). Mason: South-Western Cengage Learning.
- Yadav, V. K., Padhy, N. P., & Gupta, H. O. (2011). Performance evaluation and improvement directions for an Indian electric utility. Energy Policy, 39(11), 7112–7120.10.1016/j.enpol.2011.08.028