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TECHNOLOGY AND PRODUCTIVITY IN ITALIAN ELECTRIC MUNICIPAL FIRMS

Giovanni Fraquelli () and Piercarlo Frigero
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Giovanni Fraquelli: Ceris - Institute for Economic Research on Firms and Growth,Turin, Italy
Piercarlo Frigero: Università di Torino

CERIS Working Paper from CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY

Abstract: [This paper analyses the technological characteristics of a sample of Italian electric municipal firms. The standard partial productivity approach is integrated with total factor productivity measures based on Data Envelopment Analysis. Main results can be summarised as follows: i) small firms are often located on the efficiency frontier, this in turn pointing out that technological economies of scale do not seem very important in this industry, ii) the presence of economies of density is confirmed, iii) vertical integrated firms show better productivity performances. Also, according to Malmquist index all firms have experienced technological progress over time and this is particularly true for small firms. Summarising, from a purely technological point of view, small integrated firms seem to be the most efficient organizational structure in this industry.]

JEL-codes: D24 L94 (search for similar items in EconPapers)
Pages: 31 pages Keywords : Electric Supply Industry, Productivity, Data Envelopment Analysis
Date: 1997-06
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