Effects of digital transformation on electricity sector growth and productivity: A study of thirteen industrialized economies

IF 3.8 3区经济学 Q3 ENERGY & FUELS

Utilities Policy Pub Date : 2022-02-01 DOI:10.1016/j.jup.2021.101326

Khuong Vu , Kris Hartley

引用次数: 14

Abstract

This study examines growth patterns and sources of labour productivity growth and catch-up in the electricity sector. The study uses decomposition analysis to examine 13 industrialized economies from 2000 to 2015, a period of high growth in the sector. The study finds that total factor productivity and digital assets are the most powerful drivers of labour productivity growth and catch-up, while non-ICT assets have only a minor effect. Furthermore, labour quality outpaces R&D as a determinant of productivity. This study has implications for labour and industrial policy in the context of technological transformation and institutional restructuring in the electricity sector.

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数字化转型对电力部门增长和生产率的影响:对13个工业化经济体的研究

本研究考察了电力部门劳动生产率增长的增长模式和来源。该研究使用分解分析对13个工业化经济体从2000年到2015年的情况进行了调查，这是该行业高增长的时期。研究发现，全要素生产率和数字资产是劳动生产率增长和追赶的最强大驱动力，而非信息通信技术资产的影响很小。此外，作为生产率的决定因素，劳动力质量超过了研发。这项研究对电力部门技术改造和体制改革背景下的劳工和工业政策有影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Utilities Policy ENERGY & FUELS-ENVIRONMENTAL SCIENCES

CiteScore

6.80

自引率

10.00%

发文量

审稿时长

66 days

期刊介绍： Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services. Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.