Global strategies, differing experiences. Electricity companies in two late-industrialising countries: Spain and Argentina, 1890–1950

The article compares the performance and profitability rates of electric utility firms in Spain and Argentina from the early period of global electrification to the period following World War 2. It aims to analyse the relationship between the investment strategies of international electricity compan...

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Detalles Bibliográficos
Autores: Lanciotti, Norma Silvana, Bartolome, Isabel
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:Argentina
Institución:Consejo Nacional de Investigaciones Científicas y Técnicas
Repositorio:CONICET Digital (CONICET)
Idioma:inglés
OAI Identifier:oai:ri.conicet.gov.ar:11336/29872
Acceso en línea:http://hdl.handle.net/11336/29872
Access Level:acceso abierto
Palabra clave:Electric Utilities
Holding Companies
Global Electrification
Multinational Strategies
Argentina
Spain
Profitability
https://purl.org/becyt/ford/6.1
https://purl.org/becyt/ford/6
Descripción
Sumario:The article compares the performance and profitability rates of electric utility firms in Spain and Argentina from the early period of global electrification to the period following World War 2. It aims to analyse the relationship between the investment strategies of international electricity companies and local conditions in two lateindustrialising countries, and evaluate its impact on the structure and development of both electric utility systems. The study finds similar long-term trends in profitability as a result of the global strategies of multinational holding companies; nonetheless profitability rates varied greatly from one country to another. Rates were higher in Argentina as foreign firms controlled large systems in most dynamic urban areas. In contrast, the increasing investment of local firms in electric utilities paved the way to a less profitable but more equitable electricity system in Spain