Technological externalities and economies of vertical integration in the electric utility industry

Article Abstract:

Economies of vertical integration are investigated, of the electric utility industry, focusing on the technological externality between the generation and transmission-distribution stages. The results show that there exist the technological externality effects of generation facilities on the cost of the transmission - distribution stage, suggesting economies of vertical integration.

Influence, Externalities (Economics), Vertical integration

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Price wars and collusion in the Spanish electricity market

Article Abstract:

A study of trends of prices in Spanish electricity market is presented. For the purpose, Markov analysis is used. Factors like input costs, capacities and demand affecting collusive agreement are also discussed vis-a-vis time series of the prices.

Forecasts, trends, outlooks, Commodity & service prices, Usage, Prices and rates, Price fixing, Markov processes, Time-series analysis, Time series analysis, Company pricing policy, Industry forecasts

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Collusion with capacity constraints over the business cycle

Article Abstract:

A study examines the impact of demand for products or services on companies' plans for collusion.

Alliances, partnerships, Venture Analysis, Business enterprises, Alliances and partnerships, Collusion

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