Incentive Regulation of Investment Costs: The Case Study of Iranian Electricity Distribution Companies

Autor:	Mohsen Pourebadollahan Covich, Elham Nobahar, Sakineh Sojoodi, Reza Khalafi
Jazyk:	perština
Rok vydání:	2021
Předmět:	investment costs incentive regulation heteroscedastic stochastic frontier models electricity distribution companies iran Economic growth development planning HD72-88
Zdroj:	مدلسازی اقتصادسنجی, Vol 6, Iss 4, Pp 151-184 (2021)
Druh dokumentu:	article
ISSN:	2345-654X 2821-2150
DOI:	10.22075/jem.2022.24307.1633
Popis:	This study presents a model of regulation of investment costs of Iranian electricity distribution companies through penalty and rewards of these companies. Within this framework, overinvestment can result in partial disallowance of investment costs. The results of surveying 39 Iranian electricity distribution companies over the period of 2011-2017 indicate that using the proposed regulatory model, it is possible to achieve an optimal level of investment in the entire electricity distribution network by reallocation of investment among small, medium and large companies, without lowering the efficiency of the industry.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/c33ce7b2e0c2484e87878789d7488fe5 Zobrazit plný text záznamu View record in DOAJ