We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area …, cost of coal purchases among coal-fired power plants using a panel data set from 1991 to 2005. Our study focuses … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten …

International trade patterns at the product level are surprisingly dynamic. The majority of trade relationships exist … at the 8-digit product level from 1995 to 2005. I find that survival probabilities are affected by exporter … characteristics, product type and market structure. Specifically, I show that the duration of exporting a product to Germany is longer …

we find that there exists a robust positive relationship between the price paid and the number of store visited. We argue …

price regulation by conforming to customers’ and authorities’ expectations. It is argued that utilities can meet …’ price setting schemes are insensitive to customer complaints, they are significantly influenced by the passive monitoring by …

, governmental support may continue after these benefits have been exhausted, implying a cost to society and yielding private rents …

through alternative decision-making institutions: Both majority rule and exogenous tax rules can improve efficiency. … decreasing efficiency, which becomes more severe as the centralized budget increases. We also analyze partial ex-ante commitment …

competitive outcomes. We show that for the most typical demand functions, open-loop oil price will always be initially higher … incentive to initially price oil lower than the efficient level, resulting in more oil extraction and more climate damages. We …

by the Ramsey government not only increases aggregate efficiency, but it also decreases inequality. This result is in …