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International Comparative Study of the electricity industry control system evolution

Author: SunJianGuo
Tutor: LiWenZuo
School: Xiamen University
Course: Political Economics
Keywords: Power industry Control system Industrial Organization Governance structure Operational efficiency
CLC: F416.61
Type: PhD thesis
Year: 2003
Downloads: 923
Quote: 12
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Abstract


The paper is divided into three sections. The first and second chapters of the first part of this article. The first chapter studies the theory of industrial organization of the electricity industry. First, the technical and operational characteristics of the electric power industry. Then study the characteristics of the industrial organization of the electric power industry and power technology and institutional environment to study the impact of the industrial organization of the electric power industry, and by the specific organization of the electric power industry of the 12 EU countries on assumptions Empirical Analysis. Then study the impact of the governance structure and operating efficiency of the industrial organization of the electric power industry, mainly through the vertical integration of the industry organization, the the enterprise executive order to coordinate activities between different enterprises, while in non-vertically integrated of industrial organization, mainly through market trading mechanism to coordinate activities between different enterprises. Both governance structure in the efficiency of its own advantages and disadvantages. Final comparison of the different structure of property rights under the principal - agent contract, concluded: public ownership principals than principals of private property rights more incentive to the agent, and agent production more production out this conclusion and the currently popular view is significantly different. Chapter II study power control, mainly discussed several pricing methods commonly used by the government for the implementation of the price control and price control mechanisms. The Chapter Chapter for the second part of this article, the part of the United States, the United Kingdom, China Three power industry organization and control system to carry out specific research. As can be seen from the analysis of the evolution of the organization and control system of the electric power industry of the three countries, organize and control system of any country in the electricity industry are subject to the constraints of the country's economic and political factors, the evolution of the power industry organizations and government control is the result of changes in the balance of economic and political factors. In addition, in this part of the electricity reform in these countries were described in detail. Chapter VI is the third part of this article, use the stochastic frontier production function approach to the technical efficiency of the power industry in 18 countries and total factor productivity growth in the 1990s, the empirical analysis in this chapter, and in accordance with the empirical results of the first The chapter further inspection.

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CLC: > Economic > Industrial economy > The world's industrial economy > Industrial sector economy > Electrical and electronics industry > Electricity, motor industry
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