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Item Details
Title: POWER STRUCTURE
OWNERSHIP, INTEGRATION, AND COMPETITION IN THE U.S.ELECTRICITY INDUSTRY
By: John E. Kwoka
Format: Hardback

List price: £127.50


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ISBN 10: 0792398432
ISBN 13: 9780792398431
Publisher: KLUWER ACADEMIC PUBLISHERS
Pub. date: 31 December, 1996
Edition: 1996 ed.
Pages: 196
Description: An examination of the effects on economic performance of several key features of the US electric power industry. Paramount among these are public versus private ownership, vertical integration versus deintegration, and retail competition versus monopoly distribution.
Synopsis: 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.
Illustrations: biography
Publication: US
Imprint: Kluwer Academic Publishers
Returns: Returnable
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