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Liberalizing Russian gas markets : an economic analysis
Aune, Finn Roar; Golombek, Rolf; Hallre, Hilde; Moe, Arild - 2015
subsidies, and how changes in Russian gas consumption may affect its gas export to Europe. We also examine the importance of … Russian pipeline capacity to Europe, as well as impacts of hypothetical changes in Russian gas export behavior. For this … purpose, we use a detailed numerical model for the energy markets in Europe and Russia - LIBEMOD. Our results suggest that …
Persistent link: https://www.econbiz.de/10010533092
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Short run effects of bleaker prospects for oligopolistic producers of a non-renewable resource
Grimsrud, Kristine M.; Rosendahl, Knut Einar; … - 2014
In a non-renewable resource market with imperfect competition, both the resource rent and current prices influence a large resource owner's optimal supply. New information regarding future market conditions that affect the resource rent will consequently impact current supply. Bleaker demand...
Persistent link: https://www.econbiz.de/10010229857
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European market integration for gas? : volume flexibility and political risk
Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar - 2000
Gas exports to the Continent are regulated by long term take-or-pay contracts. The contracts are described and analyzed. We thereafter examine whether the most central European gas market, the German market, is integrated. Are there substantial price differences between gas from different export...
Persistent link: https://www.econbiz.de/10009781639
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Not all incentives wash out the warm glow : the case of blood donation revisited
Costa-Font, Joan; Jofre-Bonet, Mireia; Yen, Steven T. - 2011
) famously pointed out, providing monetary incentives to blood donors may crowd out blood supply as purely altruistic donors may … types of incentives are related to the likelihood of donating blood by exploiting a large sample representative of 15 … donation, non-monetary rewards do not. -- altruism ; blood donation ; incentives ; nudging ; recursive system ; warm glow …
Persistent link: https://www.econbiz.de/10009240887
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US welfare reform : what's relevant for Europe?
Blank, Rebecca M. - 2002
research. Such research indicates, for example, that more effective programs contain both positive and negative incentives …
Persistent link: https://www.econbiz.de/10011410428
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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
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Energy taxes and natural gas demand in EU-countries
Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar - 2001
Producers or consumers faced with an increase in taxes are usually able to shift parts of it to other levels in the value chain. We examine who is actually bearing the burden of increased energy taxes in the EU-area - consumers or exporters. Traditional tax incidence theory presumes spot...
Persistent link: https://www.econbiz.de/10011399311
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Jump processes in natural gas markets
Mason, Charles F.; Wilmot, Neil - 2014
Natural gas is likely to become increasingly important in the future. Understanding the stochastic underpinnings of natural gas prices will be critical, both to policy analysts and to market participants. To this end, we investigate the potential presence of jumps in natural gas spot prices in...
Persistent link: https://www.econbiz.de/10010235818
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Unconventional gas and the European Union : prospects and challenges for competitiveness
Vollebergh, Herman R. J.; Drissen, Eric - 2014
, first of all, little evidence for a prosperous unconventional gas development in Europe. Second, the U.S. boom has already a …
Persistent link: https://www.econbiz.de/10010422070
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Modeling UK natural gas prices when gas prices periodically decouple from the oil price
Asche, Frank; Oglend, Atle; Osmundsen, Petter - 2015
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10010486860