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Challenges and policy implications of gas reform in Italy and Ukraine: Evidence from a benchmarking analysis
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文摘
Benchmarking of natural gas distribution industry in Italy and Ukraine is performed. Average industry inefficiency is about 27% and decreasing returns to scale are dominant. Gas industry reform process should be planned adopting a systemic perspective. Gas reform needs a more comprehensive package of reforms and/or supporting legislation to be successful. Gas industry reform has social and political implications.

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