Regulation, Pricing, and Comparative Performance in the U.S. Electric Utility Industry by Ownership Type PDF Download
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Author: Lawrence J. Hill
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 322
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Book Description
Author: Lawrence J. Hill
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 322
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Book Description
Author: John E. Kwoka Jr.
Publisher: Springer Science & Business Media
ISBN: 0585229651
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.
Author: William M. Emmons
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 36
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Book Description
Author: William M. Emmons
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 36
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Book Description
Author:
Publisher:
ISBN:
Category : Electric Utilities
Languages : en
Pages : 96
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Book Description
Author: Michael G. Pollitt
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
An international comparison of the relative productive efficiency of publicly- and privately-owned utilities is presented in this study. It investigates the claim that privatization of the electricity-supply industry can be expected to reduce production co
Author: Scott Hempling
Publisher: Edward Elgar Publishing
ISBN: 1839109467
Category : Law
Languages : en
Pages : 576
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Book Description
What happens when electric utility monopolies pursue their acquisition interests—undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the number of local, independent utilities. Mostly debt-financed, these transactions have converted retiree-suitable investments into subsidiaries of geographically scattered conglomerates. Written by one of the U.S.’s leading regulatory thinkers, this book combines legal, accounting, economic and financial analysis of the 30-year march of U.S. electricity mergers with insights from the dynamic field of behavioral economics.
Author: John E. Kwoka Jr.
Publisher: Springer
ISBN: 9789401737890
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
Power Structure examines the effects on economic performance of several key features of the U.S. electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution. Each of these, as well as other structural characteristics of utilities and their markets, are analyzed for their effects on costs and price. These issues are important for a number of reasons. The U.S. electric power industry is presently embarking on a fundamental restructuring in terms of integration and competition. In other countries, privatization of state-owned enterprises is being viewed as the answer to unsatisfactory performance. From a longer perspective, the question of the relative performance of publicly owned versus privately owned utilities in the U.S. has never been resolved. And despite much speculation there is little reliable evidence as to the importance of either vertical integration or competition.
Author:
Publisher:
ISBN:
Category : Power resources
Languages : en
Pages : 486
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Book Description
Author: Kwoka, Jr. (John E.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Studies of the performance effects of public vs private ownership have found mixed evidence. This paper draws on theory suggesting that public enterprise may have an advantage in producing goods and services whose quality attributes are difficult to specify a priori. Using a comprehensive data set of U.S. electric utilities to estimate cost functions, we find that while privately owned systems achieve lower costs in generation, public systems generally have an advantage in the end-user-oriented distribution function with its more non-contractible quality attributes. Other evidence on quality differences by ownership type and by enterprise size supports this distinction.
