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Lumpy investment in regulated natural gas pipelines : an application of the theory of the second best
Brito, Dagobert Llanos; Rosellón, Juan - 2010
We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic … the demand for gas is very inelastic, the welfare losses associated from small deviations from a first best optimum are …
Persistent link: https://www.econbiz.de/10009129983
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International market integration for natural gas? : a cointegration analysis of gas prices in Europe, North America and Japan
L'Hégaret, Guillaume; Siliverstovs, Boriss; Neumann, Anne - 2003
We examine the degree of natural gas market integration in Europe, North America and Japan, between the mid 1990's and 2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated through principal component analysis and Johansen...
Persistent link: https://www.econbiz.de/10011439628
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When does it hurt? : the exchange rate "pain threshold" for German exports
Belke, Ansgar; Goecke, Matthias; Günther, Martin - 2009
euro. At the end of our estimation period, the previous exchange rate movements had shifted the upper bound of the play … ; modelling techniques ; switching regression ; export demand …
Persistent link: https://www.econbiz.de/10003891080
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Health insurance status and physician-induced demand for medical services in Germany : new evidence from combined district and individual level data
Jürges, Hendrik (contributor) - 2007
induce demand primarily among the privately insured. Using German SOEP 2002 data, I analyze the effects of insurance status … statutorily insured. These findings give indirect evidence for the hypothesis that physicians induce demand among privately …
Persistent link: https://www.econbiz.de/10003453434
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German exports to the euro area
Stephan, Sabine - 2002
by far the biggest market for German products. The paper estimates a structural equation for the export demand from the … systematically underestimates the export demand for data from 1999 onwards, indicating that German exports have greatly benefited …
Persistent link: https://www.econbiz.de/10011436195
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R&D and price elasticity of demand
Lucke, Dorothea (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002121754
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The excess demand for subsidized child care in Germany
Wrohlich, Katharina (contributor) - 2005
excess demand for subsidized child care slots is estimated using a partial observability model in the style of Abowd and …
Persistent link: https://www.econbiz.de/10002556908
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20 years of German unification : evidence on income convergence and heterogeneity
Brück, Tilman; Peters, Heiko - 2009
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West...
Persistent link: https://www.econbiz.de/10003883182
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Local consequences of global uncertainty : capacity development and LNG trade under shale gas and demand uncertainty and disruption risk
Egging, Ruud; Holz, Franziska - 2015
investment behavior and trade in an imperfect market structure under uncertainty in both supply and demand. We focus on three … electricity generation in OECD countries that may lead to higher or lower natural gas demand after 2025; and iii) availability of … shale gas resources in China). Moreover, we find that investment in LNG capacities is more determined by demand side pull …
Persistent link: https://www.econbiz.de/10011309924
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Elasticities of supply for the US natural gas market
Ponce, Micaela; Neumann, Anne - 2014
In this paper we investigate natural gas producer's reactions to changes in market prices. We estimate price elasticities of aggregated supply in the most competitive market for natural gas: the United States. Using monthly time series data form 1987 to 2012 our analysis is based on an...
Persistent link: https://www.econbiz.de/10010339163