DC Field | Value | Language |
---|---|---|
dc.contributor.author | Abito, Jose Miguel | ko |
dc.contributor.author | Han, Jin Soo | ko |
dc.contributor.author | Houde, Jean-Francois | ko |
dc.contributor.author | van Benthem, Arthur A. | ko |
dc.date.accessioned | 2024-09-05T10:00:21Z | - |
dc.date.available | 2024-09-05T10:00:21Z | - |
dc.date.created | 2022-11-15 | - |
dc.date.issued | 2024-03 | - |
dc.identifier.citation | JOURNAL OF INDUSTRIAL ECONOMICS, v.72, no.1, pp.20 - 48 | - |
dc.identifier.issn | 0022-1821 | - |
dc.identifier.uri | http://hdl.handle.net/10203/322710 | - |
dc.description.abstract | This article presents new quantitative evidence of the sources of efficiency benefits from deregulation. We estimate the heterogeneous effects of plant divestitures on fuel procurement costs during the restructuring of the U.S. electricity industry. Guided by economic theory, we focus on three mechanisms and find that restructuring reduced fuel procurement costs for firms that (i) were not subject to earlier incentive-regulation programs, (ii) had relatively strong bargaining power as coal purchasers after restructuring, and (iii) were locked in with disadvantaged coal contracts prior to restructuring. | - |
dc.language | English | - |
dc.publisher | WILEY | - |
dc.title | Agency Frictions and Procurement: New Evidence from US Electricity Restructuring | - |
dc.type | Article | - |
dc.identifier.wosid | 001084163400001 | - |
dc.identifier.scopusid | 2-s2.0-85173845743 | - |
dc.type.rims | ART | - |
dc.citation.volume | 72 | - |
dc.citation.issue | 1 | - |
dc.citation.beginningpage | 20 | - |
dc.citation.endingpage | 48 | - |
dc.citation.publicationname | JOURNAL OF INDUSTRIAL ECONOMICS | - |
dc.identifier.doi | 10.1111/joie.12346 | - |
dc.contributor.localauthor | Han, Jin Soo | - |
dc.contributor.nonIdAuthor | Abito, Jose Miguel | - |
dc.contributor.nonIdAuthor | Houde, Jean-Francois | - |
dc.contributor.nonIdAuthor | van Benthem, Arthur A. | - |
dc.description.isOpenAccess | N | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordPlus | DISTORT COSTS LESSONS | - |
dc.subject.keywordPlus | LONG-TERM-CONTRACTS | - |
dc.subject.keywordPlus | FUEL PROCUREMENT | - |
dc.subject.keywordPlus | EMPIRICAL-EVIDENCE | - |
dc.subject.keywordPlus | COAL | - |
dc.subject.keywordPlus | COMPETITION | - |
dc.subject.keywordPlus | EFFICIENCY | - |
dc.subject.keywordPlus | MARKETS | - |
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