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evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066
This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry restructuring. Restructuring programs adopted by many U.S. states made utilities residual claimants to cost savings and increased their exposure to competitive markets. We...
Persistent link: https://www.econbiz.de/10005647381