Economies of Scale in U.S. Electric Power Generation¶
Christensen, L. R., & Greene, W. H. (1976). Economies of Scale in U.S. Electric Power Generation. Journal of Political Economy, 84(4), 655-676.
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Primes¶
- Economies of Scale
- Christensen and Greene (1976) provided the canonical panel-data estimation of these curves for U.S. electric power generation, finding a steep declining-AC range that flattens above a clearly identifiable minimum efficient scale.
This sourceCanonical translog cost-function estimation of the long-run cost curve for U.S. steam-electric generation (1955 and 1970 cross-sections); finds a steep declining-average-cost range that flattens above an empirically identified minimum efficient scale
- Christensen and Greene (1976) provided the canonical panel-data estimation of these curves for U.S. electric power generation, finding a steep declining-AC range that flattens above a clearly identifiable minimum efficient scale.
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