The Role of Publicly Provided Electricity in Economic Development: The Experience of the Tennessee Valley Authority, 1929-1955

• 成果类型: Article
• 署名作者: University of Mississippi
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• DOI: 10.1017/S0022050714000308
• 发表日期: 2014
• 页码: 389-419
• 关键词: policy

摘要

I study the impacts of one of the largest regional development projects in American History, the Tennessee Valley Authority (TVA), on a variety of economic outcomes. The TVA has been noted as an example of how to develop a region's water power potential to stimulate growth. In what follows, I show using a county-level panel dataset, that the TVA had little impact on economic growth in the South. I attribute these results to the institutional history of the TVA and the contractual agreements it signed in an effort to expand its service territory. ...as a pebble dropped in a pond causes ripples to flow outward to the surrounding shores, the influence of TVA'slow rates flows outward to surrounding areas... TVA's Influence on Electric Rates 1965