Measuring Productivity Gains from Deregulation of the Japanese Urban Gas Industry

Tanaka, Kenta & Managi, Shunsuke (2013) Measuring Productivity Gains from Deregulation of the Japanese Urban Gas Industry. The Energy Journal, 34(4), pp. 181-198.

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The Japanese government initiated a series of regulatory reforms in the mid-1990s. The Japanese urban gas industry consists of various sized private and non-private firms. Numerous previous studies find that deregulation leads to productivity improvements. We extend the literature by analyzing deregulation, privatization, and other aspects of a regulated industry using unique firm level data. This study measures productivity to evaluate the effect of the deregulation reform. Using data from 205 firms from 1993 to 2004, we find that the deregulation effect differs depending on firm size. Competitive pressure contributes to advanced productivity. The deregulation of gas sales to commercial customers is the most important factor for advancing productivity. Copyright © 2013 by the IAEE. All rights reserved.

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ID Code: 75375
Item Type: Journal Article
Refereed: Yes
DOI: 10.5547/01956574.34.4.9
ISSN: 01956574
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Copyright Owner: IAEE
Deposited On: 21 Aug 2014 02:19
Last Modified: 22 Aug 2014 02:59

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