Costly blackouts? Measuring productivity and environmental effects of electricity shortages
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Costly blackouts? Measuring productivity and environmental effects of electricity shortages / Karen Fisher-Vanden, Erin T. Mansur, Qiong (Juliana) Wang. Nber, January 2012, working paper 17741 http://www.nber.org/papers/w17741.pdf In many countries, unreliable inputs, particularly those lacking storage, can significantly limit a firm's productivity. In the case of an increasing frequency of blackouts, a firm may change factor shares in a number of ways. It may decide to self generate electri...