Power to the People: Does Ownership Type Influence Electricity Service?
| dc.citation.firstpage | 441 | en_US |
| dc.citation.issueNumber | 2 | en_US |
| dc.citation.journalTitle | The Journal of Law and Economics | en_US |
| dc.citation.lastpage | 476 | en_US |
| dc.citation.volumeNumber | 59 | en_US |
| dc.contributor.author | Boylan, Richard T. | en_US |
| dc.date.accessioned | 2017-05-03T21:11:46Z | |
| dc.date.available | 2017-05-03T21:11:46Z | |
| dc.date.issued | 2016 | en_US |
| dc.description.abstract | After storm-related power outages, many have recommended municipalizing investor-owned utilities, claiming that profit-making utilities have insufficient incentive to prepare for storms. I provide empirical evidence that municipal utilities spend more on maintenance of their distribution network than investor-owned utilities. Nonetheless, I find that storms significantly disrupt electricity consumption in areas served by municipal utilities but do not disrupt areas served by investor-owned utilities. These results are based on a stratified random sample of 241 investor-owned, 96 cooperative, and 94 municipal utilities in the United States between 1999 and 2012. I conclude that municipal utilitiesﾒ in-efficiencies are more important in causing power outages than investor-owned utilitiesﾒ disincentives to spend on maintenance. | en_US |
| dc.identifier.citation | Boylan, Richard T.. "Power to the People: Does Ownership Type Influence Electricity Service?." <i>The Journal of Law and Economics,</i> 59, no. 2 (2016) University of Chicago Press: 441-476. https://doi.org/10.1086/687755. | |
| dc.identifier.doi | https://doi.org/10.1086/687755 | en_US |
| dc.identifier.uri | https://hdl.handle.net/1911/94154 | |
| dc.language.iso | eng | en_US |
| dc.publisher | University of Chicago Press | |
| dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | |
| dc.title | Power to the People: Does Ownership Type Influence Electricity Service? | en_US |
| dc.type | Journal article | en_US |
| dc.type.dcmi | Text | en_US |
| dc.type.publication | publisher version | en_US |
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