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The effects of vertical separation and competition: evidence from US electric utility restructuring
Competition usually increases firm productivity; but in network industries, effective competition requires vertical separation, which might reduce productivity and lead to a potential trade-off. We analyze the combined effect of competition and vertical separation on inefficient costs for US electri...
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| Main Authors: | , , |
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| Format: | Default Article |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/25219889.v1 |
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