Assessing the consequences of restructuring reforms on firms’ performance

Pablo Arocena, Leticia Blázquez and Emili Grifell‐Tatjé
Authors registered in the RePEc Author Service: Emili Grifell-Tatje

Journal of Economic Policy Reform, 2011, vol. 14, issue 1, 21-39

Abstract: This paper assesses the restructuring of the Spanish electric power sector by analysing the performance of electric companies. To this end, we jointly analyse the creation and decomposition of the economic value generated by them before and after the reform, and its distribution among firms’ stakeholders. Our results show that after the reform (i) the economic value created by productivity has substantially increased; (ii) technical change and change in the degree of vertical integration have been the main drivers of productivity change; (iii) the value transferred to consumers has decreased.

Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/17487870.2011.538982 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:jecprf:v:14:y:2011:i:1:p:21-39

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GPRE20

DOI: 10.1080/17487870.2011.538982

Access Statistics for this article

Journal of Economic Policy Reform is currently edited by Dr Judith Clifton

More articles in Journal of Economic Policy Reform from Taylor and Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().