Table A3: Mean Values of Output Distance Function and Shadow Prices Across Years
|
Year |
Model-1 |
Model-2 | ||
|
Distance Function |
Shadow Price |
Distance Function |
Shadow Price | |
|
1990-91 |
0.961592 |
4492.213 |
0.973064 |
2788.97 |
|
1991-92 |
0.961590 |
4768.077 |
0.972118 |
2746.79 |
|
1992-93 |
0.961934 |
3357.720 |
0.973692 |
3679.13 |
|
1993-94 |
0.967121 |
2445.274 |
0.972898 |
1922.71 |
|
1994-95 |
0.971794 |
3091.220 |
0.976806 |
2213.27 |
|
1995-96 |
0.969427 |
3124.218 |
0.971137 |
2327.37 |
|
1996-97 |
0.959193 |
3714.176 |
0.961707 |
2535.19 |
|
1997-98 |
0.979707 |
3074.603 |
0.981455 |
2041.24 |
|
1998-99 |
0.968473 |
3313.584 |
0.971292 |
2187.87 |
|
1999-00 |
0.964824 |
2717.520 |
0.967193 |
1888.36 |
|
Overall |
0.966916 |
3380.59 |
0.972229 |
2401.99 |
Note: The values of the shadow price or marginal abatement costs of CO2 abatement are at 1990-91 prices;
The numbers of plants in our study which were seven till 1996-97 increased to nine from the year
1997-98 with the commissioning of two new plants.
33