Powering Up Developing Countries through Integration?
Power market integration is analyzed in a two-country model with nationally regulated firms and costly public funds. If the generation costs between the two countries are too similar, negative business stealing outweighs efficiency gains so that, subsequent to integration, welfare decreases in both...
| Main Authors: | , |
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| Format: | Journal Article |
| Language: | en_US |
| Published: |
Oxford University Press on behalf of the World Bank
2016
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/24602 |