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A Review of Benchmarking Approaches for Productivity and Efficiency Measurement in Electricity Distribution Sector

Pavan Khetrapal 1 and Tripta Thakur 2
1. Truba College of Science and Technology/Electrical and Electronics Engineering, Bhopal, India
2. Maulana Azad National Institute of Technology/Electrical Engineering, Bhopal, India
Abstract—Benchmarking in recent years has become an important tool to set performance benchmarks for production entities thus comparing measures of actual performance against a reference performance. It identifies the key potential areas where a particular production entity is not performing well and suggests future directions for further detailed analysis to identify the underlying contribution causes or mitigating factors to improve performance of production entity. Many researchers had previously used benchmarking studies to assess how well the production entities are doing. This paper compares various benchmarking methodologies employed for productivity and efficiency measurement in electricity distribution utilities.

Index Terms—benchmarking, efficiency, productivity, production, data envelopment analysis, stochastic frontier analysis, corrected ordinary least squares, malmquist index

Cite: Pavan Khetrapal and Tripta Thakur, "A Review of Benchmarking Approaches for Productivity and Efficiency Measurement in Electricity Distribution Sector," International Journal of Electronics and Electrical Engineering, Vol. 2, No. 3, pp. 214-221, September 2014. doi: 10.12720/ijeee.2.3.214-221
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