16 research outputs found

    Estimating economies of scale and scope with flexible technology

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    The final publication is available at Springer via http://dx.doi.org/10.1007/s11123-016-0467-1Economies of scope are typically modelled and estimated using a cost function that is common to all firms in an industry irrespective of their type, e.g. whether they specialize in a single output or produce multiple outputs. Instead, we estimate a flexible technology model that allows for type-specific technologies and show how it can be estimated using linear parametric forms including the translog. A common technology remains a special case of our model and is testable econometrically. Our sample, of publicly owned US electric utilities, does not support a common technology for integrated and specialized firms. Our empirical results therefore suggest that assuming a common technology might bias estimates of economies of scale and scope. Thus, how we model the production technology clearly influences the policy conclusions we draw from its characteristics

    Optimized Process Parameters for a Reproducible Distribution of Relaxation Times Analysis of Electrochemical Systems

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    The distribution of relaxation times (DRT) analysis offers a model-free approach for a detailed investigation of electrochemical impedance spectra. Typically, the calculation of the distribution function is an ill-posed problem requiring regularization methods which are strongly parameter-dependent. Before statements on measurement data can be made, a process parameter study is crucial for analyzing the impact of the individual parameters on the distribution function. The optimal regularization parameter is determined together with the number of discrete time constants. Furthermore, the regularization term is investigated with respect to its mathematical background. It is revealed that the algorithm and its handling of constraints and the optimization function significantly determine the result of the DRT calculation. With optimized parameters, detailed information on the investigated system can be obtained. As an example of a complex impedance spectrum, a commercial Nickel−Manganese−Cobalt−Oxide (NMC) lithium-ion pouch cell is investigated. The DRT allows the investigation of the SOC dependency of the charge transfer reactions, solid electrolyte interphase (SEI) and the solid state diffusion of both anode and cathode. For the quantification of the single polarization contributions, a peak analysis algorithm based on Gaussian distribution curves is presented and applied
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