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| Author: | Zhang, F. |
| Title: | Does electricity restructuring work? Evidence from the U.S. nuclear energy industry |
| Journal: | Journal of Industrial Economics
2007 : SEP, VOL. 55:3, p. 397-418 |
| Index terms: | cost control electricity industry nuclear power industry panel data USA |
| Language: | eng |
| Abstract: | This article analyses the effect of electricity restructuring to the efficiency of U.S. nuclear power generation by exploiting data on 73 investor-owned nuclear plants in the United States from 1992 to 1998. The potential policy endogeneity bias are taken into consideration when measuring the plant-level cross-sectional and longitudinal efficiency changes related to restructuring. The results suggest a clear positive link between the restructuring and cost reduction, and increased plant utilization. |
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