Productivity growth, technical change and economies of scale of Korean fossil-fuel generation companies, 2001–2012: A dual approach
作者： Dong-hyun Oh
DOI: 10.1016/J.ENECO.2015.01.009
关键词: Fossil fuel 、 Total factor productivity 、 Electricity 、 Dual (category theory) 、 Function (engineering) 、 Economies of scale 、 Industrial organization 、 Microeconomics 、 Economics 、 Order (exchange) 、 Technical change
摘要: Abstract This paper examines total factor productivity (TFP) growth, technical change and economies of scale measure Korean fossil-fuel power generation companies (GENCOs) between 2001 2012. For the empirical investigation, we estimated cost function along with specification tests in order to find most appropriate model. Empirical results show TFP deterioration, regress, for study period. The optimal size GENCOs was also found, which is employed developing policies regarding growth advance.
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