Narrow search
Showing 1 - 10 of 660
Cover Image
Vertical Market Power in Interconnected Natural Gas and Electricity Markets
Marks, Levi - 2017
New England is at the leading edge of an energy transition in which natural gas is playing an increasingly important role in the US electricity generation mix. In recent years, the region's wholesale natural gas and electricity markets have experienced severe, simultaneous price spikes. While...
Persistent link: https://www.econbiz.de/10012943388
Cover Image
The Economics of Pending Patents
Koenen, Johannes - 2015
We provide a treatment of a number of questions pertaining to pending patents – a subject that has so-far mainly been discussed en-passant in the existing literature. We present the underlying institutional and legal framework that governs pending patents and some basic facts related to them....
Persistent link: https://www.econbiz.de/10013037442
Cover Image
Gone with the Wind? An Empirical Analysis of the Renewable Energy Rent Transfer
Liski, Matti - 2017
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
Persistent link: https://www.econbiz.de/10012964381
Cover Image
Investment in Broadband Infrastructure Under Local Deregulation : Evidence from the U.K. Broadband Market
Fabritz, Nadine; Falck, Oliver - 2021
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of … exploit regional differences in deregulation following a 2008 reform. Controlling for initial conditions, first …-difference estimates show that local deregulation increases local investment in infrastructure by both the incumbent and competitors …
Persistent link: https://www.econbiz.de/10013315759
Cover Image
Did Globalization Influence Credit Market Deregulation?
Eppinger, Peter - 2015
We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …
Persistent link: https://www.econbiz.de/10013021420
Cover Image
Firm Dynamics and Residual Inequality in Open Economies
Felbermayr, Gabriel J. - 2016
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10013006606
Cover Image
Brain Drain in the Age of Mass Migration : Does Relative Inequality Explain Migrant Selectivity?
Stolz, Yvonne; Baten, Joerg - 2021
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10013315938
Cover Image
The Law and Economics of Enhancing Cartel Enforcement : Using Information from Non-Cartel Investigations to Prosecute Cartels
Ghosal, Vivek - 2021
I present the following proposal: information revealed during non-cartel investigations by competition law enforcement authorities, such as evaluation of M&As or investigation of monopolization (dominance) conduct, should be directly used to investigate and prosecute cartels. Currently, in...
Persistent link: https://www.econbiz.de/10013315994
Cover Image
The Learning Process and Technological Change in Wind Power : Evidence from China's CDM Wind Projects
Tang, Tian - 2014
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10013055392
Cover Image
Going Offshore : Investments in German Wind Energy Under Uncertainty
Chen, Yu-Fu - 2015
Employing a continuous-time real options modeling framework, this paper scrutinizes the incentives to invest in German offshore wind farms. The focus of the analysis is the mode of action of the German feed-in tariff system for offshore wind energy deployment. The numerical results reveal that...
Persistent link: https://www.econbiz.de/10013019855