Returns to scale in electricity generation: Replicated and revisited

A-Tier
Journal: Energy Economics
Year: 2019
Volume: 82
Issue: C
Pages: 4-15

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We replicate the findings of two influential studies on returns to scale in the United States electricity generation market. The main results are contrasted using both local-linear nonparametric regression, a technique robust to parametric functional form assumptions, as well as an updated data set. While the quantitative findings across all of the estimators deployed differ somewhat regarding the magnitude of returns to scale, we document a decrease in returns to scale within the electricity generation market from 1955 to 1996.

Technical Details

RePEc Handle
repec:eee:eneeco:v:82:y:2019:i:c:p:4-15
Journal Field
Energy
Author Count
2
Added to Database
2026-01-24