THE EXTENT OF THE MARKET AND INTEGRATION THROUGH FACTOR MARKETS: EVIDENCE FROM WHOLESALE ELECTRICITY.

We document the influence of factor markets in determining the extent of the market, appealing to the Mundell hypothesis that trade in goods and factor markets are substitutes. We confirm this influence using the U.S. wholesale market for electric power. Although the Eastern, Western, and Texas regi...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 58; no. 3; pp. 1076 - 1109
Autores principales: Butters, R. Andrew, Spulber, Daniel F.
Formato: Artículo
Publicado: Wiley-Blackwell Jul2020
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Acceso en línea:Ver este registro en EBSCOhost