The Integration of the Spanish Electricity System: Volta’s Business Model (1910-1960)

Josean Garrues Irurzun and Antonio Hidalgo Mateos
Additional contact information
Josean Garrues Irurzun: Universidad de Granada
Antonio Hidalgo Mateos: Universidad de Extremadura

Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, 2024, vol. 20, issue 03, 57-70

Abstract: Research on the Spanish electrical sector provides a fairly precise understanding of the evolution of its main macroeconomic indicators, as well as the behavior of its companies. However, the success of universal compa-nies and the belief that the theory of natural monopoly applied to all phases of the business (production, dis-tribution, and marketing) until the end of the 20th century, has led to a lack of precise knowledge about the functioning and transformation of traditional electrical systems into integrated ones. Therefore, the objective of this communication is twofold. First, to shed light on the role played by companies involved in regional in-tegration processes. Second, and particularly, to highlight the entrepreneurial function of distribution/market-ing companies. To achieve this, we analyze one of the largest Spanish distribution companies between 1910 and 1960, understanding that this case study represents a model followed, with nuances specific to their eco-nomic and business contexts, by many other Spanish and international electric companies. KEY Classification-JEL: N73; N74; L94; L22.

Keywords: The; Integration; of; the; Spanish; Electricity; System:; Volta’s; Business; Model; (1910-1960). (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://recyt.fecyt.es/index.php/IHE/article/view/109715/82400 (application/pdf)
This is an Open Access journal

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ahe:invest:v:20:y:2024:i:03:p:57-70

DOI: 10.33231/j.ihe.2024.07.001

Access Statistics for this article

More articles in Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association from Asociación Española de Historia Económica Contact information at EDIRC.
Bibliographic data for series maintained by Elena Garcia Cruz ().