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Economies and Diseconomies: Estimating Electricity Cost Functions

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  • Michael Maloney

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  • Michael Maloney, 2001. "Economies and Diseconomies: Estimating Electricity Cost Functions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 19(2), pages 165-180, September.
  • Handle: RePEc:kap:revind:v:19:y:2001:i:2:p:165-180
    DOI: 10.1023/A:1011140400951
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    References listed on IDEAS

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    1. Paul L. Joskow & Richard Schmalensee, 1988. "Markets for Power: An Analysis of Electrical Utility Deregulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600188, December.
    2. Thomas G. Cowing & V. Kerry Smith, 1978. "The Estimation of a Production Technology: A Survey of Econometric Analyses of Steam-Electric Generation," Land Economics, University of Wisconsin Press, vol. 54(2), pages 156-186.
    3. Betancourt, Roger R & Edwards, John H Y, 1987. "Economies of Scale and the Load Factor in Electricity Generation," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 551-556, August.
    4. Stevenson, Rodney, 1980. "Measuring Technological Bias," American Economic Review, American Economic Association, vol. 70(1), pages 162-173, March.
    5. Christensen, Laurits R & Greene, William H, 1976. "Economies of Scale in U.S. Electric Power Generation," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 655-676, August.
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    Cited by:

    1. E. Kathy Stuart, 2006. "Energizing the island community: a review of policy standpoints for energy in small island states and territories," Sustainable Development, John Wiley & Sons, Ltd., vol. 14(2), pages 139-147.
    2. François Coppens & David Vivet, 2006. "The single European electricity market: A long road to convergence," Working Paper Document 84, National Bank of Belgium.
    3. Ali Akkemik, K., 2009. "Cost function estimates, scale economies and technological progress in the Turkish electricity generation sector," Energy Policy, Elsevier, vol. 37(1), pages 204-213, January.
    4. Michielsen, Thomas O., 2014. "Brown backstops versus the green paradox," Journal of Environmental Economics and Management, Elsevier, vol. 68(1), pages 87-110.
    5. Vítor Marques & Adelino Fortunato & Isabel Soares, 2011. "Application of a structural model to a wholesale electricity market: The Spanish market from January 1999 to June 2007," GEMF Working Papers 2011-02, GEMF, Faculty of Economics, University of Coimbra.
    6. Walheer, Barnabé, 2018. "Scale efficiency for multi-output cost minimizing producers: The case of the US electricity plants," Energy Economics, Elsevier, vol. 70(C), pages 26-36.
    7. Fetz, Aurelio & Filippini, Massimo, 2010. "Economies of vertical integration in the Swiss electricity sector," Energy Economics, Elsevier, vol. 32(6), pages 1325-1330, November.
    8. Ajayi, Victor & Weyman-Jones, Thomas & Glass, Anthony, 2017. "Cost efficiency and electricity market structure: A case study of OECD countries," Energy Economics, Elsevier, vol. 65(C), pages 283-291.
    9. Triebs, T.P. & Pollitt, M.G. & Kwoka, J.E., 2010. "The Direct Costs and Benefits of US Electric Utility Divestitures," Cambridge Working Papers in Economics 1049, Faculty of Economics, University of Cambridge.
    10. Vítor Marques & Isabel Soares & Adelino Fortunato, 2012. "Application of a Structural Model to the Spanish Electricity Wholesale Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 65-108.
    11. Zhao, Xiaoli & Ma, Chunbo, 2013. "Deregulation, vertical unbundling and the performance of China's large coal-fired power plants," Energy Economics, Elsevier, vol. 40(C), pages 474-483.
    12. Stefan Seifert, 2016. "Semi-Parametric Measures of Scale Characteristics of German Natural Gas-Fired Electricity Generation," Discussion Papers of DIW Berlin 1571, DIW Berlin, German Institute for Economic Research.
    13. Lamadrid, Alberto J. & Mount, Tim, 2012. "Ancillary services in systems with high penetrations of renewable energy sources, the case of ramping," Energy Economics, Elsevier, vol. 34(6), pages 1959-1971.
    14. Ma, Chunbo & Zhao, Xiaoli, 2015. "China's electricity market restructuring and technology mandates: Plant-level evidence for changing operational efficiency," Energy Economics, Elsevier, vol. 47(C), pages 227-237.
    15. Frank Limehouse & Michael Maloney & Kurt Rotthoff, 2012. "Peak-Load Versus Discriminatory Pricing: Evidence from the Golf Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 40(3), pages 151-165, May.
    16. Amir Jahan Khan, 2014. "The Comparative Efficiency of Public and Private Power Plants in Pakistan’s Electricity Industry," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 19(2), pages 1-26, July-Dec.
    17. Arcos, Angel & de Toledo, Pablo Alvarez, 2009. "An analysis of the Spanish electrical utility industry: Economies of scale, technological progress and efficiency," Energy Economics, Elsevier, vol. 31(3), pages 473-481, May.
    18. Christopher C. Klein, 2007. "Cost and Production Duality with Time Utilization of Capital," Working Papers 200704, Middle Tennessee State University, Department of Economics and Finance.
    19. repec:ers:journl:v:xv:y:2012:i:sie:p:65-108 is not listed on IDEAS
    20. Halkos, George & Tzeremes, Nickolaos, 2011. "A conditional full frontier approach for investigating the Averch-Johnson effect," MPRA Paper 35491, University Library of Munich, Germany.

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