Is capital investment indeed not affected by the market cost of capital in the regulated energy and utility industry? : a reexamination of the Averch-Johnson model
Year of publication: |
January 2016
|
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Authors: | Hung, Ken ; Cheng, Hui Wen ; Chi, Ching Wen ; Chen, Shih Shen |
Published in: |
International journal of financial research. - Toronto : Sciedu Press, ISSN 1923-4023, ZDB-ID 2611282-6. - Vol. 7.2016, 1, p. 167-171
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Subject: | Averch-Johnson effect | rate-of-return regulation | regulated monopoly | Regulierung | Regulation | Monopol | Monopoly | Elektrizitätswirtschaft | Electric power industry | Anreizregulierung | Incentive regulation | Kapitalkosten | Cost of capital | Versorgungswirtschaft | Public utilities |
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