The Measurement of Vertical Economies and the Efficient Structure of the Electric Utility Industry
The Measurement of Vertical Economies and the Efficient Structure of the Electric Utility Industry
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垂直经济测度与电力行业有效结构
DOI：
10.2307/2098457
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发表时间：
1991
影响因子：
1.3
通讯作者：
J. Mayo
中科院分区：
文献类型：
--
作者：
D. Kaserman;J. Mayo
在本文中，多产品成本经济的概念被修改为垂直相关阶段的生产情况，以得出垂直一体化经济的明确且通用的衡量标准。然后通过估计电力行业的垂直成本结构并进行必要的计算来确定该行业垂直经济的规模，从而证明该措施的效用。结果提供了经验证据，证明电力供应的发电和输电/配电阶段之间存在显着的纵向一体化经济。版权所有 1991 Blackwell Publishing Ltd。
In this article, the concept of multiproduct cost economies is modified to the case of production at vertically related stages to derive an explicit and general measure of economies of vertical integration. The utility of this measure is then demonstrated by estimating the vertical cost structure of the electric utility industry and by carrying out the calculations necessary to determine the magnitude of vertical economies in this industry. The results provide empirical evidence of the existence of significant economies of vertical integration between the generation and transmission/distribution stages of electricity supply. Copyright 1991 by Blackwell Publishing Ltd.