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Coping with Underdepreciation in the Electric Utility Industry
The purpose of this study is to examine a two-part hypothesis. The first part is that underdepreciation is the cause of serious financial problems which have beset investor-owned electric utilities in recent years. The second part is that depreciation adjusted for changes in the general level of prices would do much to alleviate these problems.
Date:
December 1980
Creator:
Haywood, Dale
System:
The UNT Digital Library