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dc.contributor.author
Banfi, Silvia
dc.contributor.author
Filippini, Massimo
dc.date.accessioned
2017-06-10T22:43:38Z
dc.date.available
2017-06-10T22:43:38Z
dc.date.issued
2009-08
dc.identifier.uri
http://hdl.handle.net/20.500.11850/73194
dc.description.abstract
The electricity generation in Switzerland is mainly based on hydropower (55% of total production). The exploitation of water in the hydropower sector can generate significant so-called resource rents. These are defined by the surplus return above the value of capital, labor, materials and energy used to exploit hydropower. In Switzerland, hydropower producers pay to the State a fixed fee per kW gross capacity. With this system the substantial differences in costs, revenues and in the production characteristics of the hydropower plants are not taken into account. In this context, the following paper has two main goals: 1) To discuss the introduction in the Swiss hydropower sector of a new payment system based on a resource rent tax; 2) To propose a combination of a RRT system with a benchmarking analysis of the production cost obtained through the estimation of a stochastic frontier variable cost function. We estimate a true random effects stochastic frontier variable cost function using panel data in order to overcome the asymmetric information problem. In addition, using the information on cost efficiency of the single companies, we show how to introduce in the RRT scheme a benchmark system which gives incentives to minimize the production costs.
dc.language.iso
en
dc.publisher
CEPE, Centre for Energy Policy and Economics, Swiss Federal Institute of Technology
dc.subject
Resource Rent Taxation
dc.subject
Hydropower
dc.subject
Efficiency
dc.title
Resource Rent Taxation and Benchmarking
dc.type
Working Paper
ethz.title.subtitle
A New Perspective for the Swiss Hydropower Sector
ethz.journal.title
CEPE Working Paper
ethz.journal.volume
67
ethz.size
20 p.
ethz.notes
.
ethz.identifier.nebis
004298743
ethz.publication.place
Zürich
ethz.publication.status
published
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich, direkt::00012 - Lehre und Forschung, direkt::00007 - Departemente, direkt::02120 - Departement Management, Technologie und Ökonomie / Department of Management, Technology, and Economics::03539 - Filippini, Massimo
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich, direkt::00012 - Lehre und Forschung, direkt::00007 - Departemente, direkt::02120 - Departement Management, Technologie und Ökonomie / Department of Management, Technology, and Economics::03539 - Filippini, Massimo
ethz.date.deposited
2017-06-10T22:45:39Z
ethz.source
ECIT
ethz.identifier.importid
imp593651172112421011
ethz.ecitpid
pub:115950
ethz.eth
yes
ethz.availability
Metadata only
ethz.rosetta.installDate
2017-08-01T10:07:30Z
ethz.rosetta.lastUpdated
2018-09-01T03:56:17Z
ethz.rosetta.versionExported
true
ethz.COinS
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