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Market liberalization in the European natural gas market : the importance of capacity constraints and efficiency differences

Brakman, Steven; Marrewijk, Charles van; … - 2009

In the European Union, energy markets are increasingly being liberalized. A case in point is the European natural gas industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher welfare. This paper indicates that this might not happen...

Persistent link: https://www.econbiz.de/10003857130

Consequences of Brexit and options for a "global Britain"

Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2017 - This version: April 19, 2017

The United Kingdom has opted to leave the European Union. The trade and welfare consequences of this decision are large; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for new and ambitious trade agreements following Brexit,...

Persistent link: https://www.econbiz.de/10011646796

Exports and capacity constraints : evidence for several euro area countries

Belke, Ansgar; Oeking, Anne; Setzer, Ralph - 2015

model for six euro area countries suggests domestic demand and capacity constraints as additional variables for export … developments are relevant for short-run export dynamics particularly during more extreme stages of the business cycle. A …

Persistent link: https://www.econbiz.de/10011300368

Export hysteresis, capacity constraints and uncertainty : a smooth-transition analysis for euro area member countries

Belke, Ansgar; Wagemester, Jan - 2017

export market and vice versa takes place in a smooth manner. Areas of weak reaction of exports to changes in domestic demand … constraints as additional variables for export equations. We apply the exponential and logistic variant of a smooth transition … regression model and find that domestic demand developments and uncertainty are relevant for short-run export dynamics …

Persistent link: https://www.econbiz.de/10011718600

Green serves the dirtiest : on the interaction between Black and Green Quotas

Böhringer, Christoph; Rosendahl, Knut Einar - 2009

Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...

Persistent link: https://www.econbiz.de/10003897546

The impacts of feed-in tariffs on innovation : empirical evidence from Germany

Böhringer, Christoph; Cuntz, Alexander; Harhoff, Dietmar; … - 2014

Feed-in tariffs under the Renewable Energy Sources Act, the so-called Erneuerbare-Energien-Gesetz (EEG), have triggered a massive expansion of electricity from renewable energy sources in Germany over the last decade. The increase in non-competitive renewable power generation though went hand in...

Persistent link: https://www.econbiz.de/10010252146

Current account imbalances and structural adjustment in the Euro area : how to rebalance competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10003850175

Economic geography within and between European nations : the role of market potential and density across space and time

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van - 2009

In explaining the uneven spatial distribution of economic activity, urban economics and new economic geography (NEG) dominate recent research in economics. A main difference between these two approaches is that NEG stresses the role of spatial linkages whereas urban economics does not do so. We...

Persistent link: https://www.econbiz.de/10003850511

Adding geography to the new economic geography

Bosker, Maarten; Brakman, Steven; Garretsen, Harry; … - 2007

Persistent link: https://www.econbiz.de/10003498831

The positive border effect of EU integration

Brakman, Steven; Garretsen, Harry; Marrewijk, Charles van; … - 2011

Distance related variables typically vary in a cross-section dimension but less so in a time dimension across cities, regions, or countries. The enlargement of the EU or the introduction of the euro, however, can be looked upon as integration shocks that are informative of the consequences of...

Persistent link: https://www.econbiz.de/10009009598