Network Utilities Performance and Institutional Quality: Evidence from the Italian Electricity Sector

Golnoush Soroush; Carlo Cambini; Tooraj  Jamasb; Manuel  Llorca

doi:10.22439/csei.pb.005

Network Utilities Performance and Institutional Quality: Evidence from the Italian Electricity Sector

Golnoush Soroush, Carlo Cambini, Tooraj Jamasb, Manuel Llorca

Department of Economics

Politecnico di Torino

Research output: Working paper › Research

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Abstract

It is generally accepted that institutions are important for economic development. In this work, we analyse how the quality of regional institutions impacts performance of Italian electricity distribution utilities and show that utilities in regions with better government effectiveness, responsiveness towards citizens, control of corruption, and rule of law, also tend to be more cost efficient. The results suggest that national regulators should take regional institutional diversity into account in incentive regulation and efficiency benchmarking of utilities.

Original language	English
Place of Publication	Copenhagen
Publisher	Copenhagen School of Energy Infrastructure
Number of pages	2
DOIs	https://doi.org/10.22439/csei.pb.005
Publication status	Published - 2020

Series	CSEI Policy Brief
Number	5

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