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Growth and Inequality: Evidence from Transitional Economies

Ivaschenko, Oleksiy - CESifo - 2002

The transitional economies of Eastern Europe (EE) and the former Soviet Union (FSU) experienced a dramatic increase in income inequality in the 1990s. In this paper I investigate the causes of unprecedented changes in income distribution using a unique panel of inequality estimates for 24...

Persistent link: https://www.econbiz.de/10005051550

Restructuring the ECB

Berger, Helge; Haan, Jakob de; Inklaar, Robert - CESifo - 2003

Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...

Persistent link: https://www.econbiz.de/10005094278

Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot … generation, and intersecting it with residual demand for fossil-based electricity for every hour. Determining the marginal … electricity prices by at least 84 %, with a central range of 98 %–104 % for different load periods. My results suggest that there …

Persistent link: https://www.econbiz.de/10010948833

Powering Up Developing Countries through Integration?

Auriol, Emmanuelle; Biancini, Sara - CESifo - 2012

Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...

Persistent link: https://www.econbiz.de/10010556079

Privatising Network Industries

Newbery, David - CESifo - 2004

Persistent link: https://www.econbiz.de/10005765806

Network Utilities in the U.S. - Sector Reforms without Privatization

Vogelsang, Ingo - CESifo - 2004

areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the … telephony and the electricity sector. Part of the explanation lies in an underestimate of the coordination problems, resulting …

Persistent link: https://www.econbiz.de/10005765998

Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes

Fischer, Carolyn; Newell, Richard G.; Preonas, Louis - CESifo - 2014

Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … lower electricity prices. Even with multiple market failures, emissions pricing remains the single most cost …

Persistent link: https://www.econbiz.de/10010764280

A Fair Price for Energy? Ownership versus Market Opening in the EU15

Fiorio, Carlo V.; Florio, Massimo - CESifo - 2010

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

Persistent link: https://www.econbiz.de/10008572553

Energy Consumption and Economic Growth Revisited in African Countries

Eggoh, Jude C.; Bangaké, Chrysost; Rault, Christophe - CESifo - 2011

The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...

Persistent link: https://www.econbiz.de/10009320785

Energy Consumption, Economic Growth and CO2 Emissions in Middle East and North African Countries

Arouri, Mohamed El Hedi; Youssef, Adel Ben; M'Henni, Hatem - CESifo - 2012

This article extends the recent findings of Liu (2005), Ang (2007), Apergis et al. (2009) and Payne (2010) by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12...

Persistent link: https://www.econbiz.de/10009645652