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Replication data for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation

Version
1
Resource Type
Dataset
Creator
  • Cicala, Steve
Publication Date
2015-01-01
Description
  • Abstract

    This paper evaluates changes in fuel procurement practices by coal and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but not gas) and tend to employ less capital-intensive sulfur abatement techniques relative to matched plants that were not subject to any regulatory change. Deregulation also led to a shift toward more productive coal mines. I show how these results lend support to theories of asymmetric information, capital bias, and regulatory capture as important sources of regulatory distortion. (JEL L51, L71, L94, L98, Q35, Q41, Q48)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.20131377 (Text)
Publications
  • Cicala, Steve. “When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation.” American Economic Review 105, no. 1 (January 2015): 411–44. https://doi.org/10.1257/aer.20131377.
    • ID: 10.1257/aer.20131377 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Cicala, Steve (2015): Replication data for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in US Electricity Generation. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112957V1