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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Power Structure - Ownership, Integration, and Competition in the U.S. Electricity Industry (Paperback, Softcover reprint of the original 1st ed. 1996)
Loot Price: R2,849
Discovery Miles 28 490
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Power Structure - Ownership, Integration, and Competition in the U.S. Electricity Industry (Paperback, Softcover reprint of the original 1st ed. 1996)
Expected to ship within 10 - 15 working days
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Power Structure examines the effects on economic performance of
several key features of the U.S. electric power industry. Paramount
among these are public versus private ownership, vertical
integration versus deintegration, and retail competition versus
monopoly distribution. Each of these, as well as other structural
characteristics of utilities and their markets, are analyzed for
their effects on costs and price. These issues are important for a
number of reasons. The U.S. electric power industry is presently
embarking on a fundamental restructuring in terms of integration
and competition. In other countries, privatization of state-owned
enterprises is being viewed as the answer to unsatisfactory
performance. From a longer perspective, the question of the
relative performance of publicly owned versus privately owned
utilities in the U.S. has never been resolved. And despite much
speculation there is little reliable evidence as to the importance
of either vertical integration or competition.
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