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We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using a market mechanism, and in March 2004 reformed to a single buyer structure. We model monthly log price differences using a two-state Markov Switching model, allowing water...
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The main objectives of regulatory reform and privatization of infrastructure in Brazil were to attract new private investment, increase efficiency and reduce the public debt through the use of privatization revenues. Whereas the evidence suggests that regulatory reform (privatization included)...
Persistent link: https://www.econbiz.de/10012019342
output between 3.2 percent and 8 percent of GDP. In an alternative scenario, in which Germany can easily replace Russian gas … to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany’s future energy …
Persistent link: https://www.econbiz.de/10013382497
output between 3.2 percent and 8 percent of GDP. In an alternative scenario, in which Germany can easily replace Russian gas … to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany’s future energy …
Persistent link: https://www.econbiz.de/10013266353
In the debate on the premature phase-out of nuclear power generation in Germany, there is an intense dispute on the … companies also vary considerably with the chosen regulation depending on how the respective cost implications at the plant level …-out scenarios for Germany and its specific plant structure as well as plant-ownership by companies. However, the issues and …
Persistent link: https://www.econbiz.de/10013428319
the framework of a large-scale general equilibrium model for Germany and India where Germany may undertake joint … efficient power plants produced in Germany. This provides positive employment effects and additional income for Germany. For …
Persistent link: https://www.econbiz.de/10013428363
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Temporary agency work and outsourcing to a service contractor are two forms of alternative work arrangements with rather complex legal aspects which firms use for external staffing. The regulatory complexity of temporary agency work can lead to intended or unintended non-compliance when firms...
Persistent link: https://www.econbiz.de/10012596728