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  • Cambridge University Press  (2)
  • Blackwell Publishers Ltd.  (1)
  • Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)
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  • 1
    Electronic Resource
    Electronic Resource
    Are Municipal Electricity Distribution Utilities Natural Monopolies? (1998)
    Oxford, UK and Boston, USA : Blackwell Publishers Ltd.
    Annals of public and cooperative economics 69 (1998), S. 0 
    Details
    ISSN: 1467-8292
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The purpose of this study is to analyse the cost structure of the Swiss electricity distribution utilities in order to assess economies of scale and density and the desirability of competition in the distribution of electric power. A translog cost function was estimated using panel data for a sample of 39 municipal utilities over the period 1988–1991. The results indicate the existence of economies of density for most output levels and the existence of economies of scale only for small and medium-sized electric utilities. The empirical evidence suggests that franchised monopolies, rather than side-by-side competition, is the most efficient form of production organization in the electric power distribution industry. Further, the majority of the utilities analysed do not operate at an optimal service territory size. Therefore, the consolidation of small utilities whose service territories are adjacent is likely to reduce costs.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/1467-8292.00077
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    Paper (German National Licenses)
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  • 2
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    Fuel choices in urban Indian households (2007)
    Cambridge University Press
    Details
    Publication Date: 2007-12-01
    Description: This paper applies an ordered discrete choice framework to model fuel choices and patterns of cooking fuel use in urban Indian households. The choices considered are for three main cooking fuels: firewood, kerosene, and LPG (liquid petroleum gas). The models, estimated using a large microeconomic dataset, show a reasonably good performance in the prediction of households’ primary and secondary fuel choices. This suggests that ordered models can be used to analyze multiple fuel use patterns in the Indian context. The results show that lack of sufficient income is one of the main factors that retard households from using cleaner fuels, which usually also require the purchase of relatively expensive equipments. The results also indicate that households are sensitive to LPG prices. In addition to income and price, several socio-demographic factors such as education and sex of the head of the household are also found to be important in determining household fuel choice.
    Print ISSN: 1355-770X
    Electronic ISSN: 1469-4395
    Topics: Economics
    Published by Cambridge University Press
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  • 3
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    Energy-related financial literacy and bounded rationality in appliance replacement attitudes: evidence from Nepal (2020)
    Cambridge University Press
    Details
    Publication Date: 2020-03-17
    Description: As countries develop, they are likely to face challenges in meeting growing energy demand and in ensuring energy security. Given this, and the problem of climate change, improving demand-side energy efficiency is pivotal to ensuring sustainable development. However, agents often underinvest in energy-efficient technologies due to behavioral failures such as low levels of energy-related financial literacy, defined as the combination of energy knowledge and cognitive abilities needed to evaluate the lifetime costs of durables. Using novel data, we analyze the levels and determinants of energy-related financial literacy of households in urban areas in the eastern lowlands of Nepal, and whether it is correlated with their attitudes towards replacement of energy-inefficient appliances. We find that respondents have low levels of energy-related financial literacy, and higher levels of literacy are associated with more rational attitudes towards appliance replacement. The findings of this study are relevant to addressing the energy-efficiency gap in developing countries.
    Print ISSN: 1355-770X
    Electronic ISSN: 1469-4395
    Topics: Economics
    Published by Cambridge University Press
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