Showing 1 - 10 of 126
This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...
Persistent link: https://www.econbiz.de/10010274071
Our paper deals with modeling the effects of introducing a market-based tool for improving end-users' efficiency in an … energy demand achieves its underlying objects of energy savings and energy efficiency solely at the expense of other goals … such as the environmental efficiency of energy production. In our model, the implementation of a market for White …
Persistent link: https://www.econbiz.de/10010324263
Gazprom, the dominant gas company in Russia, is widely believed to be the key supplier of gas to Europe in the … alter the allocation of Gazprom´s gas sales between domestic and export markets. In this paper we use both theoretical and … for Gazprom to induce monopoly power in its export markets. Our main findings suggest that both increased domestic gas …
Persistent link: https://www.econbiz.de/10010260966
We provide the description and illustrative results of the World Gas Model, a multi-period complementarity model for the global natural gas market. Market players include producers, traders, pipeline and storage operators, LNG liquefiers and regasifiers as well as marketers. The model data set...
Persistent link: https://www.econbiz.de/10010271148
security issues may be overrated. LNG will likely increase its share of European natural gas imports in the future, Russia will …
Persistent link: https://www.econbiz.de/10010274285
Interregional differentials in nominal wages in the Russian Federation are huge compared to other countries. Using the NOBUS micro-data and a methodology based on the estimation of the wage equation augmented by aggregate regional characteristics, we show that these differentials have a...
Persistent link: https://www.econbiz.de/10010264987
We use a rich personnel data set from a Russian firm for the years 1997 to 2002 to analyze how the financial crisis in 1998 and the resulting change in external labor market conditions affect the wages and the welfare of workers inside a firm. We provide evidence that large shocks to external...
Persistent link: https://www.econbiz.de/10010265000
companies in Russia and using the difference-in-difference estimator, the study finds a statistically and economically …
Persistent link: https://www.econbiz.de/10010271090
Russian banks. The paper also searches for ways to promote financial development in Russia. It is argued that there may not be … that have a solvency problem such as Russia. Russia's recently adopted banking restructuring program is an abandonment of …Das Papier gibt zunächst einen Überblick über die Ursachen und ökonomischen Kosten der Bankenkrise in Rußland, die im …
Persistent link: https://www.econbiz.de/10010276794
The volume and commodity structure of EU trade with the transition countries in central and eastern Europe (CEECs) is estimated on the assumption that it will follow the pattern of trade among market economies. A gravity-type approach at the level of product groups is used, combining geography...
Persistent link: https://www.econbiz.de/10010260749