Showing 1 - 10 of 18
In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North Western Europe, Latin America and North America) over the...
Persistent link: https://www.econbiz.de/10005423205
The existing literature on price asymmetries does not systematically investigate the sensitivity of the empirical results to the choice of a particular econometric specification. This paper fills this gap by providing a detailed comparison of the three most popular models designed to describe...
Persistent link: https://www.econbiz.de/10005423206
This paper investigates the relationship between energy prices and the real effective exchange rate of commodity-exporting countries. We consider two sets of countries: 10 energy-exporting and 23 non-fuel commodity-exporting countries over the period 1980-2011. Estimating a panel cointegrating...
Persistent link: https://www.econbiz.de/10010904928
We provide econometric evidence that relative per capita GDP and relative unemployment rates are the main determinants of migration flows across Italian regions from 1970 to 2002. The empirical analysis is based on an accurate study of the dynamic properties of the series. In fact, we deal with...
Persistent link: https://www.econbiz.de/10008642157
We study the structural differences among climate change leading ‘factors’ - Northern EU members -, and lagging actors - southern EU countries and the ‘Umbrella group’ - with regard to long run carbon-income relationships. Homogeneous and heterogeneous panel models show that the groups...
Persistent link: https://www.econbiz.de/10008502120
We explore the relationship between litigation rates and the number of lawyers, in a typical supplier-induced demand (SID) frame. Drawing on an original panel dataset for the 169 Italian courts of justice between 2000 and 2007, we first document that the number of lawyers is positively...
Persistent link: https://www.econbiz.de/10008467320
energy types. This paper discusses the evolution of price reforms for coal, petroleum products, natural gas and electricity …
Persistent link: https://www.econbiz.de/10011162044
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-effective option …
Persistent link: https://www.econbiz.de/10010833951
This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both …-sectional data were examined with respect to:(a) ENEL - the Italian electricity monopolist;(b) municipal authorities (MUNIs), i ….e. town-based electric utilities which sometimes hold franchises for electricity distribution within city limits …
Persistent link: https://www.econbiz.de/10005423137
by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States …
Persistent link: https://www.econbiz.de/10005423199