Triebs, T.P.; Pollitt, M.G.; Kwoka, J.E. - Faculty of Economics, University of Cambridge - 2010
literature shows that there exist economies of scope for electric utilities and that divestiture decreases distribution … economies of scope as well as other restructuring costs. However, lower costs of power might be the result of favourable … contracts put in place at the time of divestiture. Our study complements traditional studies of economies of scope and shows …