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| DOI | 10.1016/j.enpol.2021.112560 |
| Impact of institutional reforms on the performance of distribution utilities in India – A dynamic panel data analysis | |
| Kathuria V. | |
| 发表日期 | 2021 |
| ISSN | 0301-4215 |
| 卷号 | 158 |
| 英文摘要 | The Indian power sector has seen significant institutional changes in the last two decades. After more than 20 years of reforms, the distribution segment is still incurring losses. To quantify these institutional changes, we construct a reform index and then employ data of 55 power utilities from 29 Indian states for 2007–08 to 2015–16 to see the impact of this index on their financial and technical-cum-commercial performance. This paper contributes to the literature in three ways: a) accounting for the maturity of the reforms while calculating the index, b) relying on the dynamic nature of the reforms, and c) carrying out the analysis at the utility level. We find that once the dynamic nature of the data is accounted for and utility-specific variables are controlled, the reform index influences both the financial and the technical-cum-commercial performance of the utilities. An important policy implication of the present study is that as long as the cost-reflective tariff is still prevalent, the commercial viability of utilities cannot be assured. © 2021 Elsevier Ltd |
| 英文关键词 | AT&C losses; Dynamic panel data; Price-cost margin; Reforms; Unbundling |
| 语种 | 英语 |
| scopus关键词 | Costs; Public policy; AT&C loss; Distribution utilities; Dynamic nature; Dynamic panel data; Institutional change; Institutional reforms; Performance; Price-cost margin; Reform; Unbundling; Cost benefit analysis; cost analysis; institutional reform; panel data; policy approach; price dynamics; quantitative analysis; tariff structure; utility sector; India |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/256556 |
| 作者单位 | SJM School of Management, Indian Institute of Technology (IIT) Bombay, Mumbai, 400076, India |
| 推荐引用方式 GB/T 7714 | Kathuria V.. Impact of institutional reforms on the performance of distribution utilities in India – A dynamic panel data analysis[J],2021,158. |
| APA | Kathuria V..(2021).Impact of institutional reforms on the performance of distribution utilities in India – A dynamic panel data analysis.Energy Policy,158. |
| MLA | Kathuria V.."Impact of institutional reforms on the performance of distribution utilities in India – A dynamic panel data analysis".Energy Policy 158(2021). |
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