Two Issues in the Municipal Ownership of Electric Power Distribution
AbstractThough municipal ownership of electric power distribution systems has been a growing public issue since the late 1960s, serious empirical econometric investigation of distribution has barely begun. The authors opens with a critique of two recent works on distribution costs: one on distribution returns to scale and one on comparative public/private efficiency. A new conceptualization of the factors influencing distribution costs is then presented and a reformulation of the returns to scale and comparative efficiency questions is suggested. Next, statistical analysis with some new models and a new data base is presented. The author concludes with some speculative explanations of his relative cost-efficiency findings and a discussion of policy implications.
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Bibliographic InfoArticle provided by The RAND Corporation in its journal Bell Journal of Economics.
Volume (Year): 8 (1977)
Issue (Month): 1 (Spring)
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- Wren-Lewis, Liam, 2013.
"Do infrastructure reforms reduce the effect of corruption ? theory and evidence from Latin America and the Caribbean,"
Policy Research Working Paper Series
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- Liam Wren-Lewis, 2011. "Do infrastructure reforms reduce the effect of corruption? Theory and evidence from Latin America and the Caribbean," Economics Series Working Papers 576, University of Oxford, Department of Economics.
- Liam Wren-Lewis, 2011. "Do Infrastructure Reforms Reduce the Effect of Corruption? Theory and Evidence from Latin America and the Caribbean," Working Papers ECARES ECARES 2011-026, ULB -- Universite Libre de Bruxelles.
- Stephen Yeaple & Warren Moskowitz, 1995. "The literature on privatization," Research Paper 9514, Federal Reserve Bank of New York.
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