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Book Power Structure

    Book Details:
  • Author : John E. Kwoka Jr.
  • Publisher : Springer Science & Business Media
  • Release : 2007-08-28
  • ISBN : 0585229651
  • Pages : 200 pages

Download or read book Power Structure written by John E. Kwoka Jr. and published by Springer Science & Business Media. This book was released on 2007-08-28 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Annual Outlook for U S  Electric Power

Download or read book Annual Outlook for U S Electric Power written by and published by . This book was released on 1985 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Ownership and Performance in Electric Utilities

Download or read book Ownership and Performance in Electric Utilities written by Michael G. Pollitt and published by Oxford University Press, USA. This book was released on 1995 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Book Regulating Mergers and Acquisitions of U S  Electric Utilities  Industry Concentration and Corporate Complication

Download or read book Regulating Mergers and Acquisitions of U S Electric Utilities Industry Concentration and Corporate Complication written by Scott Hempling and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Power Structure

Download or read book Power Structure written by John E. Kwoka Jr. and published by Springer. This book was released on 2013-10-03 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book The Effects of Regulation on the Electric Utility Industry

Download or read book The Effects of Regulation on the Electric Utility Industry written by United States. General Accounting Office and published by . This book was released on 1981 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Energy Abstracts for Policy Analysis

Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Comparative Advantage of Public Ownership

Download or read book The Comparative Advantage of Public Ownership written by Kwoka, Jr. (John E.) and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Energy Research Abstracts

Download or read book Energy Research Abstracts written by and published by . This book was released on 1994-08 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Incentive Regulation in the Electric Utility Industry

Download or read book Incentive Regulation in the Electric Utility Industry written by and published by . This book was released on 1983 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Dimming of America

Download or read book The Dimming of America written by Peter Navarro and published by . This book was released on 1985 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Governance Alternatives and Pricing in the U S  Electric Power Industry

Download or read book Governance Alternatives and Pricing in the U S Electric Power Industry written by Kwoka, Jr. (John E.) and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alternative governance mechanisms can be expected to result in differences in enterprise performance. This research analyzes the prices charged by U.S. electric utilities using a comprehensive pricing model and a large and detailed data set that controls for enterprise costs and subsidies. It finds that public ownership is associated with significantly lower prices than privately owned utilities, most likely because the latter are subject to regulation. Also associated with lower prices are elected commissioners (rather than those appointed by state governors), commissions with fewer members, and utilities whose governing bodies hold open meetings - all characteristics that imply more direct consumer influence on the price-determination process. Among customer groups, residential users are the biggest beneficiaries of public ownership, while industrial users appear to have more influence with elected state regulatory commissions. These findings are reconciled with theory and help explain the sometimes ambiguous results of previous studies.

Book Utilities Code

Download or read book Utilities Code written by Texas and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: