Costs, technology and ownership of gas distribution in Italy

Paola Fabbri, Giovanni Fraquelli, Roberto Giandrone

Risultato della ricerca: Contributo su rivistaArticolo in rivistapeer review

Abstract

This paper proposes an empirical study of the Italian gas distribution industry by means of long-term cost function. The analysis highlights the fact that the number of customers is more important than the amount of gas delivered in explaining the variability of distribution costs. Very low economies of scale, high economies of density, and the significant role of the morphologic and demographic variables characterize the nature of the technology. Better performance for private operators indicates that the privatization process should continue and the low degree of economies of scale confirms the benefits of having many operators (yardstick competition). Copyright.

Lingua originaleInglese
pagine (da-a)71-81
Numero di pagine11
RivistaManagerial and Decision Economics
Volume21
Numero di pubblicazione2
DOI
Stato di pubblicazionePubblicato - mar 2000
Pubblicato esternamente

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