Triebs, T.P.; Pollitt, M.G.; Kwoka, J.E. - Faculty of Economics, University of Cambridge - 2010
This paper studies the impact of divestiture on the efficiency and costs of electric utilities. The empirical … literature shows that there exist economies of scope for electric utilities and that divestiture decreases distribution … distribution, transmission, and power sourcing. Our data is an unbalanced panel of about 138 US electric utilities for the years …