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paper industry, and the energy and heating sector from 2000 to 2003. The results indicate a hurdle rate of investment of 2 …
Persistent link: https://www.econbiz.de/10010750596
Since the energy markets liberalisation at the beginning of the 1990s in Europe, electricity monopolies have gone through a profound evolution process. From an industrial organisation point of view, they lost their monopoly on their historical business, but gained the capacity to develop in any...
Persistent link: https://www.econbiz.de/10008794408
in investment and in the current account, in line with em- pirical evidence, only if the traded sector is more capital …
Persistent link: https://www.econbiz.de/10010821494
run contemporaneous elasticities of investment with respect to interest rate through the user cost and through debt …
Persistent link: https://www.econbiz.de/10010738572
, gas, and renewable power plants). It finds that optimal investment in renewable energy may start before coal power has … been phased out and even before investment in gas has started, because doing so allows for smoothing investment over time … and reduces adjustment costs. Gas plants may be used to reduce short-term investment in renewable power and associated …
Persistent link: https://www.econbiz.de/10010890090
improve investment profile and therefore improving business climate. Furthermore, Heavily Indebted Poor Countries (HIPC …
Persistent link: https://www.econbiz.de/10010899443
investment in electricity markets. …
Persistent link: https://www.econbiz.de/10010899888
represented by the decrease in entropy of his beliefs, regardless of his preferences, initial wealth, or investment problem. We …
Persistent link: https://www.econbiz.de/10010930175
adjustment costs on investment. …
Persistent link: https://www.econbiz.de/10010750394
Complicated neoclassical models predict that if investment is sensitive to current financial performance, this is a … sign that something is "wrong" and is to be regarded as a problem for policy. Evolutionary theory, on the other hand …, refers to the principle of "growth of the fitter" to explain investment-cash flow sensitivities as the workings of a healthy …
Persistent link: https://www.econbiz.de/10010750396