A parametric study on privatization revenues of the electricity distribution companies in Turkey

Authors

ERCAN İZGİ
SELİM AY

DOI

10.3906/elk-1312-43

Abstract

The privatization of electricity distribution companies in the state monopoly has increased significantly in recent years. Privatization is expected to improve the quality of services in the electric distribution sector and to provide additional income to the state. In this paper the privatization revenues of the 18 electricity distribution companies in Turkey are calculated through regression equations. The privatization revenues of the electricity distribution companies are identified by 5 models containing microeconomic and macroeconomic variables (parameters). The study indicates a correlation between the considered variables and the privatization revenues of the electricity distribution companies and useful parametric formulations are proposed. The proposed models and regression equations obtained can be employed for future predictions of privatization contributions after making the necessary adjustments by considering the real exchange rates, which is helpful in determining tender offer prices.

Keywords

Privatization, electricity distribution company, regression model

First Page

979

Last Page

993

Recommended Citation

İZGİ, ERCAN and AY, SELİM (2016) "A parametric study on privatization revenues of the electricity distribution companies in Turkey," Turkish Journal of Electrical Engineering and Computer Sciences: Vol. 24: No. 3, Article 21. https://doi.org/10.3906/elk-1312-43
Available at: https://journals.tubitak.gov.tr/elektrik/vol24/iss3/21