The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period

This article analyses the origin of the persistently high level of electricity prices that hampered the expansion of electricity consumption during the interwar period in Porto. Initially, the rent-seeking behaviour of both the supply firm and the City Hall at the local level affected the expansion...

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Detalles Bibliográficos
Autor: Bartolomé Rodríguez, Isabel
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2012
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/83993
Acceso en línea:https://hdl.handle.net/11441/83993
Access Level:acceso abierto
Palabra clave:Portugal
tarifas eléctricas
mercados eléctricos
regulación
período de entreguerras
electricity rates
electricity markets
utility regulation
interwar period
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repository_id_str
spelling The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar periodBartolomé Rodríguez, IsabelPortugaltarifas eléctricasmercados eléctricosregulaciónperíodo de entreguerraselectricity rateselectricity marketsutility regulationinterwar periodThis article analyses the origin of the persistently high level of electricity prices that hampered the expansion of electricity consumption during the interwar period in Porto. Initially, the rent-seeking behaviour of both the supply firm and the City Hall at the local level affected the expansion of the local electricity market. During the 1930s, this collusion at municipal level coincided with unpredictable energy policies at state level. This circumstance impeded the indispensable increase of scale and the building of a regional market of electricity in north Portugal. The literature on regulation and institutional analysis has proved very useful. Finally, though equally important, primary sources from company archives and institutional bodies were also employed.Este artículo analiza el origen de los elevados precios de la electricidad en Oporto entre las dos guerra mundiales y su secuela, su lenta electrificación. La colusión entre la compañía suministradora y el municipio limitó la expansión al comenzar el servicio hidroeléctrico; luego, la expectativa reiteradamente frustrada de una mayor intervención gubernamental fue en detrimento de mayores inversiones. Se impidió así el necesario aumento de escala, la plena integración del mercado eléctrico del Norte de Portugal y, en consecuencia, los precios eléctricos se mantuvieron elevados y la electrificación sufrió un persistente atraso. La adopción de una perspectiva institucional se ha revelado muy útil para esclarecer el funcionamiento de este mercado, que se ha examinado consultando fuentes empresariales, municipales y gubernamentales.Universidad Carlos IIIEconomía e Historia Económica2012info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/83993reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)InglésRevista de Historia Económica - Journal of Iberian and Latin American Economic History, 30, 287-320.info:eu-repo/semantics/openAccessoai:idus.us.es:11441/839932026-06-17T12:51:07Z
dc.title.none.fl_str_mv The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
title The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
spellingShingle The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
Bartolomé Rodríguez, Isabel
Portugal
tarifas eléctricas
mercados eléctricos
regulación
período de entreguerras
electricity rates
electricity markets
utility regulation
interwar period
title_short The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
title_full The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
title_fullStr The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
title_full_unstemmed The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
title_sort The smaller the market, the better the rent capturing: electrification in north Portugal during the interwar period
dc.creator.none.fl_str_mv Bartolomé Rodríguez, Isabel
author Bartolomé Rodríguez, Isabel
author_facet Bartolomé Rodríguez, Isabel
author_role author
dc.contributor.none.fl_str_mv Economía e Historia Económica
dc.subject.none.fl_str_mv Portugal
tarifas eléctricas
mercados eléctricos
regulación
período de entreguerras
electricity rates
electricity markets
utility regulation
interwar period
topic Portugal
tarifas eléctricas
mercados eléctricos
regulación
período de entreguerras
electricity rates
electricity markets
utility regulation
interwar period
description This article analyses the origin of the persistently high level of electricity prices that hampered the expansion of electricity consumption during the interwar period in Porto. Initially, the rent-seeking behaviour of both the supply firm and the City Hall at the local level affected the expansion of the local electricity market. During the 1930s, this collusion at municipal level coincided with unpredictable energy policies at state level. This circumstance impeded the indispensable increase of scale and the building of a regional market of electricity in north Portugal. The literature on regulation and institutional analysis has proved very useful. Finally, though equally important, primary sources from company archives and institutional bodies were also employed.
publishDate 2012
dc.date.none.fl_str_mv 2012
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/83993
url https://hdl.handle.net/11441/83993
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Revista de Historia Económica - Journal of Iberian and Latin American Economic History, 30, 287-320.
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Universidad Carlos III
publisher.none.fl_str_mv Universidad Carlos III
dc.source.none.fl_str_mv reponame:idUS. Depósito de Investigación de la Universidad de Sevilla
instname:Universidad de Sevilla (US)
instname_str Universidad de Sevilla (US)
reponame_str idUS. Depósito de Investigación de la Universidad de Sevilla
collection idUS. Depósito de Investigación de la Universidad de Sevilla
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,301629

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