Advertisement

The Political Economy of Ownership and Regulation

Abstract

The evidence thus far has shown that public ownership confers both cost and price benefits, the latter primarily accruing to residential customers. Similarly, popular election of state utility commissioners is also associated with price reductions to residential users. While in each case either commercial or industrial customers stand to gain a bit from public ownership or popular election, it seems clear that the major beneficiaries of these alternatives to conventional regulation with appointed commissions are residential customers.

Keywords

Private Ownership Electric Utility Public Ownership Bond Financing Industrial Customer 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Kluwer Academic Publishers 1996

Personalised recommendations