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Page 25
The product of the application of such a theory could well have a serious impact on large users , including adverse effects on business profitability , expansion and employment ; a shift to other fuels which might put added pressures on ...
The product of the application of such a theory could well have a serious impact on large users , including adverse effects on business profitability , expansion and employment ; a shift to other fuels which might put added pressures on ...
Page 146
Thus , the total effect of regulatory tightness on unit costs depends on the sign and magnitude of ǝQ / as . Regression D is the reduced form estimation of the determinants of quantity supplied using SS as the regulation variable .
Thus , the total effect of regulatory tightness on unit costs depends on the sign and magnitude of ǝQ / as . Regression D is the reduced form estimation of the determinants of quantity supplied using SS as the regulation variable .
Page 148
CONCLUSIONS The object of this study is to provide empirical evidence as to the effect of regulatory policy . ... an inverse relation- ship between " tightness of regulation " and unit costs when quantity effects are held constant .
CONCLUSIONS The object of this study is to provide empirical evidence as to the effect of regulatory policy . ... an inverse relation- ship between " tightness of regulation " and unit costs when quantity effects are held constant .
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Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
27 other sections not shown
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accounting additional adjustment agencies allowed amount analysis application average base basis believe capacity capital changes charges Commission common companies competition concerned considered construction consumer continue cost curves customers decision demand depreciation determine earnings economic effect efficiency electric utilities energy equity estimated example existing expected expense fact factor Federal firm fuel future going growth higher important income increase industry inflation interest investment investors Iowa issues less load marginal means measure method Michigan natural operating peak percent period plant possible present problems production Public Utilities question rate of return ratio reasonable recent reduce regulation regulatory requirements reserve result revenue risk structure supply telephone tion unit