This study proposes a novel supply-side mechanism driving economic structural transformation: grid electrification. Increasing electricity availability affects the reallocation of inputs to more productive activities through generating higher returns and lowering entry costs in sectors with...

On May 18th 2001, the Brazilian government created the "Chamber of Management for the Power Crisis", whose aim is to reduce 20% of electricity supply, from June to November, especially on regions Southeast, Midwest and Northeast. The objective of this paper is to estimate the fiscal impacts of...