OWNERSHIP AND EFFICIENCY IN NUCLEAR POWER PRODUCTION
- 1 April 1996
- journal article
- Published by Oxford University Press (OUP) in Oxford Economic Papers
- Vol. 48 (2) , 342-360
- https://doi.org/10.1093/oxfordjournals.oep.a028572
Abstract
This paper uses Data Envelopment Analysis to examine the relative productive efficiency of a sample of 78 publicly- and privately-owned nuclear power plants operating the year 1989. The sample includes 13 UK nuclear power plants. Linear programs are used to calculate a variety of plant specific efficiency scores including measures which attempt to adjust for vintage effects. Non-parametric and Tobit/OLS analysis is employed to test the null hypothesis that ownership has no effect on productive efficiency. The results tentatively suggest that the UK plants could expect to reduce costs through significantly lower staffing levels.Keywords
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