Benefits of investment in the electricity industry can transmit to other activities through several channels. This is mainly through “the price channel” in free markets and “the capital return channel” in fixed-price regulated markets. In this study, we apply a comparative static...

The purpose of this paper is to study the “disinvestment effect” of a counterfactual economy-wide electricity efficiency improvement in Iran. The Researchers apply a computable general equilibrium model with special assumptions about given electricity price, heterogeneous labor market, wage...