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Canadian Electricity Exports, Capital Costs, and US Trade Policy

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Author Info
William F. Averyt
G. Laber
Abstract

This paper examines the debate on capital costs for publicly owned electric utilities in Canada, especially the effect of government guarantees on hydro borrowing. An examination of the borrowings of Hydro-Quebec and 46 American utilities from 1980-86 shows no significant effect of the provincial guarantee on Hydro-Quebec's interest rates during this period.

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File URL: http://economics.ca/cgi/jab?journal=cpp&view=v16n2/CPPv16n2p145.pdf
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Publisher Info
Article provided by University of Toronto Press in its journal Canadian Public Policy.

Volume (Year): 16 (1990)
Issue (Month): 2 (June)
Pages: 145-154
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Handle: RePEc:cpp:issued:v:16:y:1990:i:2:p:145-154

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  1. Lawrence Fisher, 1959. "Determinants of Risk Premiums on Corporate Bonds," Journal of Political Economy, University of Chicago Press, vol. 67, pages 217. [Downloadable!] (restricted)
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This page was last updated on 2009-12-9.

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