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We develop a theoretical model of long-run investment decisions on capacity in the context of a liberalized electricity … the level of capacity that maximizes social welfare, and compare it to a decentralized outcome. We show that in the … absence of any regulation, private investment decisions on capacity unambiguously lead to a socially sub-optimal outcome, and …
Persistent link: https://www.econbiz.de/10005792333
The article provides results of the study of specific features of the Ukrainian market of natural gas production and … natural gas production. It analyses base rates of growth of natural gas resources and production in Ukraine. It considers … dynamics of import of natural gas into Ukraine and its import prices and also the structure of natural gas import. It …
Persistent link: https://www.econbiz.de/10010726760
The impact of intensification level on efficiency indicators of growing winter rapeseed, due to its dominant position …
Persistent link: https://www.econbiz.de/10010672074
directions of financial provision of local budgets with absolute, average, low and crisis levels of financial capacity. …
Persistent link: https://www.econbiz.de/10010855767
a model in which facilities can produce output at a privately known cost up to a previously-determined capacity level …. In such a model, the amount of slack in the firm is shown to be pro-cyclical. Indeed, as capacity constraints become … capacity. …
Persistent link: https://www.econbiz.de/10005114255
The goal of the article is to study the modern state and tendencies of development of gas sectors of EU and Ukraine and to reveal problems of the domestic energy sector. The article analyses changes in the world gas sector. It considers the European system of energy provision. It focuses on the...
Persistent link: https://www.econbiz.de/10010855474
Following a Supreme Court decision in 1954, natural gas markets in the U.S. were subject to 35 years of intensive federal regulation. Several studies have measured the deadweight loss from the price ceilings that were imposed during this period. This paper concentrates on an additional component...
Persistent link: https://www.econbiz.de/10005791833
pecuniary benefits: higher prices lead to more integration. Because tariffs increase domestic product prices, this effect … trade-off between the pecuniary benefits of coordinating production decisions and the managers’ private benefits of … the predictions of our model, we obtain three main results. First, higher tariffs lead to higher levels of vertical …
Persistent link: https://www.econbiz.de/10008550323
The Byrd amendment to US anti-dumping law distributes the revenue from anti-dumping duties imposed on foreign firms to the domestic firms that lodged the complaint of dumping. This Paper shows that the presence of the Byrd Amendment can yield lower duties and greater welfare than in its absence....
Persistent link: https://www.econbiz.de/10005136749
protectionist policies in countries where workers will benefit from the imposition of tariffs and quotas. We test and confirm these …
Persistent link: https://www.econbiz.de/10005497836