Piacenza, Massimiliano; Vannoni, Davide - In: Annals of Public and Cooperative Economics 80 (2009) 3, pp. 431-450
The empirical literature on the cost structure of the electric utility industry traditionally focused on the measurement of specific technological properties: 1) scale economies in generation or distribution; 2) multi-product (or horizontal) scope economies at one particular stage; 3) multi-stage...