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X-Inefficiency and Interfirm Rivalry: Evidence from the Electric Utility Industry

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  • Rodney Stevenson

Abstract

Traditional concerns about concentration in product markets have centered on the social loss associated with the mispricing that occurs when market power is exercised. This paper focuses on a potentially greater loss from market power-a reduction in cost ...

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  • Rodney Stevenson, 1982. "X-Inefficiency and Interfirm Rivalry: Evidence from the Electric Utility Industry," Land Economics, University of Wisconsin Press, vol. 58(1), pages 52-66.
    • Handle: RePEc:uwp:landec:v:58:y:1982:i:1:p:52-66
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    Cited by:

    1. David Newbery, 2004. "Privatising Network Industries," CESifo Working Paper Series 1132, CESifo.
    2. Wilson, William W., 1984. "Estimation Of Modal Demand Elasticities In Grain Transportation," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(2), pages 1-15, December.
    3. Raymond Hartman & David Wheeler & Manjula Singh, 1997. "The cost of air pollution abatement," Applied Economics, Taylor & Francis Journals, vol. 29(6), pages 759-774.
    4. Michael Hanemann, 2009. "The Role of Emission Trading in Domestic Climate Policy," The Energy Journal, , vol. 30(2_suppl), pages 79-114, December.
    5. Banker, Rajiv D. & Chang, Hsi-hui & Majumdar, Sumit K., 1995. "The consequences of evolving competition on the components of firms' profits: Recent evidence from the U.S. telecommunications industry," Information Economics and Policy, Elsevier, vol. 7(1), pages 37-56, April.
    6. Wilson, William W. & Wilson, Wesley W. & Koo, Won W., 1987. "Intermodal Competition and Pricing in Grain Transportation: A Description and Comparison of Methods," Agricultural Economics Reports 23194, North Dakota State University, Department of Agribusiness and Applied Economics.

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