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OWNERSHIP AND EFFICIENCY IN NUCLEAR POWER PRODUCTION
Authors:POLLITT  MICHAEL G
Institution:Sidney Sussex College Cambridge CB2 3HU
Abstract:This paper uses Data Envelopment Analysis to examine the relativeproductive efficiency of a sample of 78 publicly- and privately-ownednuclear power plants operating the year 1989. The sample includes13 UK nuclear power plants. Linear programs are used to calculatea variety of plant specific efficiency scores including measureswhich attempt to adjust for vintage effects. Non-parametricand Tobit/OLS analysis is employed to test the null hypothesisthat ownership has no effect on productive efficiency. The resultstentatively suggest that the UK plants could expect to reducecosts through significantly lower staffing levels.
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