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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22254 |
来源ID | Working Paper 22254 |
Ownership and the Price of Residential Electricity: Evidence from the United States, 1935-1940 | |
Carl T. Kitchens; Taylor Jaworski | |
发表日期 | 2016-05-16 |
出版年 | 2016 |
语种 | 英语 |
摘要 | In this paper, we quantify the difference between public and private prices of residential electricity immediately before and after major federal reforms in the 1930s and 1940s. Previous research found that public prices were lower in a sample of large, urban markets. Based on new data covering over 15,000 markets and nearly all electricity generated for residential consumption, we find the difference between public and private prices was small in 1935 and negligible in 1940 for typical levels of monthly consumption. These findings are consistent with a market for ownership that helped to discipline electricity prices during this period. That is, private rents were mitigated by the threat that municipalities would use public ownership to respond to constituent complaints and public rents were limited by electoral competition and the growth of private provision. |
主题 | Microeconomics ; Market Structure and Distribution ; History ; Macroeconomic History |
URL | https://www.nber.org/papers/w22254 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579925 |
推荐引用方式 GB/T 7714 | Carl T. Kitchens,Taylor Jaworski. Ownership and the Price of Residential Electricity: Evidence from the United States, 1935-1940. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22254.pdf(766KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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