The Electric Power Industry: An Econometric Model of Intertemporal Behavior

Frank Gollop () and Stephen H. Karlson

Land Economics, 1980, vol. 56, issue 3, 299-314

Abstract: For US electric utilities realized rates of return were less than allowed rates from 1977-82 and less than the market cost of capital from 1979-82. Also, allowed rates were less than the cost of capital in 1980 and 1981. Estimates of the influence of ...

Date: 1980
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