OWNERSHIP AND EFFICIENCY IN NUCLEAR POWER PRODUCTION

Michael Gerald Pollitt

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Efficiency Analysis Using DEA Advanced Power Generation Technologies Renewable energy and sustainable power systems

Abstract

This paper uses Data Envelopment Analysis to examine the relative productive efficiency of a sample of 78 publicly- and privately-owned nuclear power plants operating the year 1989. The sample includes 13 UK nuclear power plants. Linear programs are used to calculate a variety of plant specific efficiency scores including measures which attempt to adjust for vintage effects. Non-parametric and Tobit/OLS analysis is employed to test the null hypothesis that ownership has no effect on productive efficiency. The results tentatively suggest that the UK plants could expect to reduce costs through significantly lower staffing levels.

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References

1978Measuring the efficiency of decision making units 1957The Measurement of Productive Efficiency 1983Limited-Dependent and Qualitative Variables in Econometrics 1971Bureaucracy and Representative Government 1965Some Economics of Property Rights 1984Preface to topics in data envelopment analysis 1992Ownership versus competition: Efficiency in public enterprise 1972Testing the Assumptions of Production Theory: A Nonparametric Approach

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