2026-03-14T01:52:05Z https://grips.repo.nii.ac.jp/oai

oai:grips.repo.nii.ac.jp:00000474 2023-11-20T09:00:40Z 1:45

Decomposition of Cost Efficiency and its Application to Japan-US Electric Utilities Comparisons TONE, Kaoru TSUTSUI, Miki cost efficiency technical efficiency price efficiency allocative efficiency DEA https://www.grips.ac.jp/list/facultyinfo/tone_kaoru/ This paper presents a new formula for decomposing cost efficiency into technical, price, and allocative efficiencies in an environment marked by the fact that unit input prices differ among certain enterprises. We employed this formula for comparing cost efficiency between Japan-US electric power companies and found a significant difference in the price-based efficiency between the two countries; however, negligible differences were found in the technical and allocative efficiencies. Research supported by Grant-in-Aid for Scientific Research (C) Japan Society for the Promotion of Science GRIPS Policy Research Center 2015-02-10 eng technical report AM https://doi.org/10.24545/00000474 https://grips.repo.nii.ac.jp/records/474 10.24545/00000474 GRIPS Discussion Papers I-2004-0004 https://grips.repo.nii.ac.jp/record/474/files/I-2004-0004.pdf application/pdf 1.1 MB