Electricity in Quebec before Nationalization, 1919 to 1939

Electricity in Quebec before Nationalization, 1919 to 1939 History books tend to depict the early days of the electrical industry as one of monopoly where consumers were being gouged. The province of Quebec in Canada was no exception. With the use of wide-ranging data over time, we observe a different portrait: electrical firms in Quebec increased production faster than elsewhere while prices fell consistently. The main reason for this divergence between facts and history books is most likely the choice of comparing Quebec’s private industry with Ontario’s nationalized industry, which priced electricity at the average cost. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Atlantic Economic Journal Springer Journals

Electricity in Quebec before Nationalization, 1919 to 1939

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Publisher
Springer US
Copyright
Copyright © 2018 by International Atlantic Economic Society
Subject
Economics; Economics, general; Macroeconomics/Monetary Economics//Financial Economics; Microeconomics; International Economics; Public Finance
ISSN
0197-4254
eISSN
1573-9678
D.O.I.
10.1007/s11293-018-9568-8
Publisher site
See Article on Publisher Site

Abstract

History books tend to depict the early days of the electrical industry as one of monopoly where consumers were being gouged. The province of Quebec in Canada was no exception. With the use of wide-ranging data over time, we observe a different portrait: electrical firms in Quebec increased production faster than elsewhere while prices fell consistently. The main reason for this divergence between facts and history books is most likely the choice of comparing Quebec’s private industry with Ontario’s nationalized industry, which priced electricity at the average cost.

Journal

Atlantic Economic JournalSpringer Journals

Published: Feb 21, 2018

References

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