scholarly journals The economics of fixed cost recovery by utilities

2016 ◽  
Vol 29 (7) ◽  
pp. 5-12 ◽  
Author(s):  
Severin Borenstein
Keyword(s):  
2021 ◽  
Author(s):  
Xavier Labandeira ◽  
José M Labeaga ◽  
Jordi J Teixidó

Abstract The global energy mix and cost structure of the power industry are experiencing a redefinition. Many countries are revamping electricity-pricing systems to guarantee fixed-cost recovery, often by raising the fixed charge of two-part tariff schemes. However, a key assumption of two-part tariff schemes and associated fixed cost recoveries is that consumers discriminate fixed from marginal costs. We conduct a quasi-experiment with data from a major electricity price reform recently implemented in Spain and find robust evidence indicating that consumers fail to distinguish between fixed and marginal costs. As a result, policymakers are not achieving the goal of cost recovery


1983 ◽  
Vol 3 (3) ◽  
pp. 131-140 ◽  
Author(s):  
R.R. Britney ◽  
P.J. Kuzdrall ◽  
N. Fartuch

2014 ◽  
Vol 27 (5) ◽  
pp. 42-53 ◽  
Author(s):  
Robert J. Procter
Keyword(s):  

2013 ◽  
Vol 10 (2) ◽  
pp. 115-124
Author(s):  
Philip L. Martin

Japan and the United States, the world’s largest economies for most of the past half century, have very different immigration policies. Japan is the G7 economy most closed to immigrants, while the United States is the large economy most open to immigrants. Both Japan and the United States are debating how immigrants are and can con-tribute to the competitiveness of their economies in the 21st centuries. The papers in this special issue review the employment of and impacts of immigrants in some of the key sectors of the Japanese and US economies, including agriculture, health care, science and engineering, and construction and manufacturing. For example, in Japanese agriculture migrant trainees are a fixed cost to farmers during the three years they are in Japan, while US farmers who hire mostly unauthorized migrants hire and lay off workers as needed, making labour a variable cost.


1991 ◽  
Author(s):  
Douglas Albrecht ◽  
Adrian Ziderman

2014 ◽  
Vol 3 (2) ◽  
pp. 177-182
Author(s):  
Bime M.J ◽  
Fon D.E ◽  
Ngalim S.B ◽  
Ongla J

Rice production and processing over the years has been on an increase with more small holders entering the business. This study on profitability of processing and marketing of small scale rice processors had as objective to analyse the profitability levels of rice processing and marketing by small scale processors, determine the value added to the commodity at each stage  and also identify the constraints faced by these processors. The study used primary data collected using well-structured questionnaire from millers only, miller traders for white/parboiled rice through a multistage sampling technique. Results showed that the net processing income (3,151,201), value added (8,147,456) and efficiency (138) for miller-traders of white rice was highest, followed by miller-traders for parboiled rice and lastly millers only. Results further showed that millers only had Benefit/cost ratio of 0.4 indicating that milling only is not profitable due to small quantities milled, and high fixed cost. Miller-traders for parboiled rice had a benefit/cost ratio of 2.3 implying that their venture is most profitable. Based on the results, it was recommended that millers only should purchase large quantities of paddy to enable them reduce the overhead cost. Also the services of parboilers should reflect in the sales price of parboiled rice so that the parboiling services can be paid for.


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