A comparison of efficiency measurement using data envelopment analysis and regression in the utility industry

Author

Forrester, Janice ; Anderson, Timothy R.

Author_Institution

Cytera Syst. Inc., Portland, OR, USA

Volume

1

fYear

1999

fDate

1999

Abstract

It is the intent of this paper to discuss the theoretical differences between the manner in which regression and data envelopment analysis (DEA) separate variation into that which is caused by noise and that caused by inefficiency. It examines the empirical results of independent studies, one that used regression and one that used DEA. The studies were performed one year apart by independent teams using the same data and responding to the same questions. Both studies focus on monitoring the efficiency of the electric utility providers in light of deregulation

Keywords

data envelopment analysis; electricity supply industry; management; data envelopment analysis; efficiency measurement; efficiency monitoring; electric utility industry; management; regression; Data envelopment analysis; Econometrics; Fuels; Industrial economics; Linear programming; Optimization methods; Power measurement; Production; Research and development management; Statistical analysis;

fLanguage

English

Publisher

ieee

Conference_Titel

Management of Engineering and Technology, 1999. Technology and Innovation Management. PICMET '99. Portland International Conference on

Conference_Location

Portland, OR

Print_ISBN

1-890843-02-4

Type

conf

DOI

10.1109/PICMET.1999.808302

Filename

808302