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Capital extranjero y energía: Madrileña de Gas, 1846-1935

Author

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  • Alberte Martinez-López

    (Facultad de Economía y Empresa, Universidade da Coruña, Campus de Elviña s/n, 15071, A Coruña, España)

Abstract

El articulo analiza el comportamiento de Madrilena de Gas como ejemplo de la actuacion del capital extranjero en el sector servicios. Se ponen de manifiesto varios rasgos comunes a este tipo de inversiones. Por un lado, la especializacion sectorial francesa en el gas, y por otro, su interes en los mercados de las grandes ciudades. El respaldo bancario extranjero (Credit Mobilier) permite el acceso fluido a la financiacion parisina en una actividad intensiva en capital. La conexion francesa facilita la transferencia tecnologica y la gestion de las instalaciones. Durante la fase del monopolio la empresa se expande, tanto en Madrid como en provincias, y obtiene buenos resultados. La competencia electrica significa el inicio del declive, agravado por el peso del servicio de la deuda, el deterioro del tipo de cambio y la renegociacion a la baja de las tarifas. Finalmente, el contexto nacionalista de la primera posguerra mundial propicia su venta a grupos electricos espanoles. (Sin tildes) KEY Classification-JEL: N73. N83. N93. N84

Suggested Citation

  • Alberte Martinez-López, 2020. "Capital extranjero y energía: Madrileña de Gas, 1846-1935," Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 16(01), pages 1-11.
    • Handle: RePEc:ahe:invest:v:16:y:2020:i:01:p:1-11
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    Keywords

    Madrid. Capital extranjero. Energia. Gas;

    JEL classification:

    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
    • N83 - Economic History - - Micro-Business History - - - Europe: Pre-1913
    • N93 - Economic History - - Regional and Urban History - - - Europe: Pre-1913
    • N84 - Economic History - - Micro-Business History - - - Europe: 1913-

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