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The Competitive Effects of Transmission Capacity in a Deregulated Electricity Industry
Borenstein, Severin; Bushnell, James; Stoft, Steven - 2021
capacity on competition among" generators. We show that there may be no relationship between the effect of a transmission line …" in spurring competition and the actual electricity that flows on the line. We then investigate the" equilibria that are … relatively small investments in transmission may yield surprisingly large" payoffs in terms of increased competition …
Persistent link: https://www.econbiz.de/10013240555
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The U.S. Electricity Industry after 20 Years of Restructuring
Borenstein, Severin - 2015
Prior to the 1990s, most electricity customers in the U.S. were served by regulated, vertically-integrated, monopoly utilities that handled electricity generation, transmission, local distribution and billing/collections. Regulators set retail electricity prices to allow the utility to recover...
Persistent link: https://www.econbiz.de/10013023689
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What Matters for Electrification? Evidence from 70 Years of U.S. Home Heating Choices
Davis, Lucas - 2022
The percentage of U.S. homes heated with electricity has increased steadily from 1% in 1950, to 8% in 1970, to 26% in 1990, to 39% in 2018. This paper investigates the key determinants of this increase in electrification using data on heating choices from millions of U.S. households over a...
Persistent link: https://www.econbiz.de/10014241849
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The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing
Greenstone, Michael - 2014
The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate...
Persistent link: https://www.econbiz.de/10013065447
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Vertical Arrangements, Market Structure, and Competition an Analysis of Restructured U.S. Electricity Markets
Bushnell, James - 2007
This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers, or those with long-term contracts, have less incentive to raise wholesale prices when retail prices are determined beforehand. For three restructured markets, we simulate prices that define...
Persistent link: https://www.econbiz.de/10012775797
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The Antebellum U.S. Iron Industry : Domestic Production and Foreign Competition
Davis, Joseph H. - 2007
1827. These estimates are used to assess the vulnerability of the antebellum iron industry to foreign competition and the …
Persistent link: https://www.econbiz.de/10012775911
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Health Plan Payment in U.S. Marketplaces : Regulated Competition with a Weak Mandate
Layton, Timothy J. - 2017
of the individual insurance market, the Marketplaces invoke many of the principles of regulated competition including … the tools of regulated competition. We then discuss ways in which the Marketplace model deviates from the more …
Persistent link: https://www.econbiz.de/10012955448
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Market Power and Price Discrimination in the U.S. Market for Higher Education
Epple, Dennis - 2017
The main purpose of this paper is to estimate an equilibrium model of private and public school competition that can …
Persistent link: https://www.econbiz.de/10012957373
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Organizational Fragmentation and Care Quality in the U.S. Health Care System
Cebul, Randall - 2009
Many goods and services can be readily provided through a series of unconnected transactions, but in health care close coordination over time and within care episodes improves both health outcomes and efficiency. Close coordination is problematic in the US health care system because the...
Persistent link: https://www.econbiz.de/10012766288
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Hospital Competition, Quality, and Expenditures in the U.S. Medicare Population
Colla, Carrie - 2016
Theoretical models of competition with fixed prices suggest that hospitals should compete by increasing quality of care … for diseases with the greatest profitability and demand elasticity. Most empirical evidence regarding hospital competition … within hospitals across quality measures. And second, while we replicate the standard result that greater competition leads …
Persistent link: https://www.econbiz.de/10012979347