{"id":31591,"date":"2018-08-31T15:38:36","date_gmt":"2018-08-31T14:38:36","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&#038;p=31591"},"modified":"2023-03-17T15:55:06","modified_gmt":"2023-03-17T15:55:06","slug":"experimental-evidence-on-the-economics-of-rural-electrification-catherine-wolfram","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/experimental-evidence-on-the-economics-of-rural-electrification-catherine-wolfram\/","title":{"rendered":"Experimental Evidence on the Economics of Rural Electrification | Catherine Wolfram"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Catherine Wolfram, University of California, Berkeley and NBER, will discuss her paper:&nbsp;Experimental Evidence on the Economics of Rural Electrification.<\/p>\n<div class=\"page\" title=\"Page 1\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><strong>Abstract<\/strong><\/p>\n<p>We present results from an experiment that randomized the expansion of electric grid infrastructure in rural Kenya. Electricity distribution is a canonical example of a natural monopoly. Randomized price offers show that demand for electricity connections falls sharply with price. Experimental variation in the number of connections, combined with administrative cost data, reveals considerable scale economies, as hypothesized. However, consumer surplus is far less than total construction costs at all price levels. Moreover, we do not find meaningful medium-run impacts on economic, health, and educational outcomes, nor evidence of spillovers to unconnected local households. These results suggest that current efforts to increase residential electrification in rural Kenya may reduce social welfare. We discuss how leakage of funds, reduced demand (due to red tape, low reliability, and credit constraints), and other factors may impact this conclusion.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Catherine Wolfram, University of California, Berkeley and NBER, will discuss her paper:&nbsp;Experimental Evidence on the Economics of Rural Electrification. Abstract&hellip;<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[],"event-type":[35],"topic_area":[],"class_list":["post-31591","event","type-event","status-publish","hentry","event-type-research-seminar-series"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"start_date":{"ref_value":"field_52f56b18a98ba","value":"20181003","type":false,"post_type":""},"start_time":{"ref_value":"field_52f56b33a98bb","value":"12:30:00","type":false,"post_type":""},"end_date":{"ref_value":"field_52f56bb58f239","value":"20181003","type":false,"post_type":""},"end_time":{"ref_value":"field_52f56bd38f23a","value":"14:00:00","type":false,"post_type":""},"event_venue":{"ref_value":"field_531c65c575d35","value":"LSE, TW2, Room 9.04","type":false,"post_type":""},"external_speaker":{"ref_value":"field_5374dcb208782","value":"","type":false,"post_type":""},"eventbrite_link":{"ref_value":"field_52f59e0b20728","value":"","type":false,"post_type":""},"location":{"ref_value":"field_559cf9dc612b6","value":"a:3:{s:7:\"address\";s:77:\"London School of Economics and Political Science, Houghton Street, London, UK\";s:3:\"lat\";s:10:\"51.5144388\";s:3:\"lng\";s:20:\"-0.11645129999999426\";}","type":"array","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["experimental-evidence-on-the-economics-of-rural-electrification-catherine-wolfram"],"type":"relationship","post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Experimental Evidence on the Economics of Rural Electrification | Catherine Wolfram - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/experimental-evidence-on-the-economics-of-rural-electrification-catherine-wolfram\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Experimental Evidence on the Economics of Rural Electrification | Catherine Wolfram - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Catherine Wolfram, University of California, Berkeley and NBER, will discuss her paper:&nbsp;Experimental Evidence on the Economics of Rural Electrification. 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