Measurement of productivity changes by bootstrapping malmquist in combined cycle power plants

Author

Ahnagaran, Ali Asghar ; Nabavieh, Seyed Alireza ; Mohseni Taheri, Seyed Danial ; Gholamiangonabadi, Davoud

Author_Institution

Dept. of Ind. Eng. & Syst. Manage., Amirkabir Univ. of Technol., Tehran, Iran

fYear

2014

fDate

10-11 June 2014

Firstpage

83

Lastpage

88

Abstract

Measuring the value of power generations productivity is one of the most important subjects associated with their efficiency. In this research, Malmquist index has been exploited for acquiring the productivity value of all combined cycle power generations in Iran between the years 2006 and 2012. Firstly, Malmquist index has been decomposed to four components namely as Efficiency changes, Technology changes, Pure efficiency changes and Scale efficiency changes. Then, bootstrap procedure is exploited for creating a sustainable estimation. The results illustrate that Malmquist index has decreased during the period of investigation. Furthermore, Malmquist index has been as a function of technology changes. In addition, efficiency changes have shown significant stability.

Keywords

combined cycle power stations; estimation theory; power system measurement; statistical analysis; sustainable development; Iran; bootstrapping Malmquist index; combined cycle power plant; power generation productivity measurement; pure efficiency change; scale efficiency change; stability; sustainable estimation; Extraterrestrial measurements; Fuels; Indexes; Stability criteria; Systematics; Technological innovation;

fLanguage

English

Publisher

ieee

Conference_Titel

Thermal Power Plants (CTPP), 2014 5th Conference on

Conference_Location

Tehran

Print_ISBN

978-1-4799-5649-4

Type

conf

DOI

10.1109/CTPP.2014.7040699

Filename

7040699