Economies of Scale in the Swiss Hydropower Sector

Massimo Filippini and Cornelia Luchsinger ()
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Cornelia Luchsinger: Center for Energy Policy and Economics CEPE, Department of Management, Technology and Economics, ETH Zurich, Switzerland

No 05-44, CEPE Working paper series from CEPE Center for Energy Policy and Economics, ETH Zurich

Abstract: The paper considers the estimation of a translog cost function employing panel data for a sample of 43 Swiss hydropower companies, over the period of 1995-2002. The results of this analysis indicate the existence of economies of scale and density for most output levels. The basic novelty in this paper is the estimation of a cost function for a sample of hydropower companies. In the economic literature no study on the cost structure of the hydropower plants using an econometric approach has been published so far.

Keywords: econometric estimation of costs; economies of scale and density. (search for similar items in EconPapers)
Pages: 12 pages
Date: 2005-06
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Economies of scale in the Swiss hydropower sector (2007)
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