Tauchmann, Harald (contributor) - 2004 - [Elektronische Ressource]
the optimal capacities as functions of exogenous and pre-
determined variables:
c
lit
= α
cap
li
+ β
prime
l
x
it
prime …-invariant effect, υ
lit
the usual error term. c
lit
denotes the
fuel-specific generation capacities and x
it
prime the vector of … delay. Therefore, lagged values of the exogenous variables enter x
it
prime, where
t
prime
<tholds. Besides fuel prices, for …