Some Economic Implications of Atomic Energy

Walter Isard

The Quarterly Journal of Economics, 1948, vol. 62, issue 2, 202-228

Abstract: Scope of the inquiry, 202. — I. Costs in generating power: inadequacy of the data available, 204; two estimates, 205; comparison with conventional power plants, 209; implications, 211. — II. Effects on real output, 213; on household consumption, 215. — Effects on the location of industry: diminished significance of agricultural differentials, 216; power differentials, 217; classification of large users of fuel and power, 218; effects on each, 218. — General considerations: concentration of industry, 222; technical inflexibilities in production, 224; cultural and institutional elements, 224; dynamic forces, 226.

Date: 1948
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