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- W2013804554 abstract "This paper seeks to evaluate unrealized economies of vertical integration for rural electric cooperatives. Given the well-established network economies that are inherent in the generation, transmission, and distribution of electricity, the coops long-standing choice of market structure is questionable (especially if their strategy is welfare maximization). Organized as either generation-and-transmission or distribution-only, the traditional measures of vertical economies will not work. Thus, I have devised an alternative method by which to measure such economies and find that, on average, cost savings in excess of 39% could have been realized had the coops adopted a vertically integrated structure." @default.
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- W2013804554 date "2008-05-01" @default.
- W2013804554 modified "2023-09-25" @default.
- W2013804554 title "A test of vertical economies for non-vertically integrated firms: The case of rural electric cooperatives" @default.
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- W2013804554 doi "https://doi.org/10.1016/j.eneco.2006.08.001" @default.
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