scholarly journals An Alternative Theory of the Plant Size Distribution with an Application to Trade

2010 ◽  
Author(s):  
Thomas J. Holmes ◽  
John J. Stevens
2008 ◽  
Vol 5 (1) ◽  
pp. 243-272 ◽  
Author(s):  
Laura Alfaro ◽  
Andrew Charlton ◽  
Fabio Kanczuk

2016 ◽  
Vol 106 (3) ◽  
pp. 587-624 ◽  
Author(s):  
Hunt Allcott ◽  
Allan Collard-Wexler ◽  
Stephen D. O'Connell

We estimate the effects of electricity shortages on Indian manufacturers, instrumenting with supply shifts from hydroelectric power availability. We estimate that India's average reported level of shortages reduces the average plant's revenues and producer surplus by 5 to 10 percent, but average productivity losses are significantly smaller because most inputs can be stored during outages. Shortages distort the plant size distribution, as there are significant economies of scale in generator costs and shortages more severely affect plants without generators. Simulations show that offering interruptible retail electricity contracts could substantially reduce the impacts of shortages. (JEL D24, L60, L94, O13, O14, Q41)


Sign in / Sign up

Export Citation Format

Share Document