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Trade in Energy Services: GATS and India
Mukherjee, Arpita; Goswami, Ramneet - 2009
Energy plays a vital role in the development of any economy and given its unequal distribution trade in energy, especially fossil fuels, is an important component of international trade. In the past, due to its public good characteristics, energy-related services were mostly supplied by the...
Persistent link: https://www.econbiz.de/10011807637
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The Superstar and the Followers: Intra-Firm Product Complementarity in International Trade
Arnarson, Björn Thor - 2017
This paper investigates whether firms' exports of different products within a market are systematically interconnected. Using high-quality Swedish firm-registry data from 1997-2011, I first document that the distribution of firm export sales is skewed towards their best performing products...
Persistent link: https://www.econbiz.de/10013208768
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How to go green? The effects of power system flexibility on the efficient transition to renewable generation
Neetzow, Paul - 2019
For decarbonization purposes, variable renewable energies (VRE) are widely and quickly deployed in historically fossil-dominated power systems. Yet, some fossil technologies are more suitable than others for integration with VRE due to their higher exibility. I utilize an analytically tractable...
Persistent link: https://www.econbiz.de/10012152453
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Liberalization Policy: 'Fits & Starts' or Gradual Change in India
Ansari, Mohammed I.; Gang, Ira. N - 1999
In this paper we assess the impact of external economic liberalization in India on the transmission of aggregate shocks …'s liberalization policy: 1) under intermittency (or fits and starts') the transmission of aggregate shocks in the post-reform period is … compared with two pre-reform periods; and 2) under gradualism the transmission of aggregate shocks over three consecutive …
Persistent link: https://www.econbiz.de/10010334366
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Learned generosity? A field experiment with parents and their children
Ben-Ner, Avner; List, John A.; Putterman, Louis; Samek, Anya - 2015
An active area of research within the social sciences concerns the underlying motivation for sharing scarce resources and engaging in other pro-social actions. We develop a theoretical framework that sheds light on the developmental origins of social preferences by providing mechanisms through...
Persistent link: https://www.econbiz.de/10011526722
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Risk premia in electricity wholesale spot markets: empirical evidence from Germany
Pietz, Matthäus - 2009
This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset covers three spot market segments, namely the intraday...
Persistent link: https://www.econbiz.de/10010305694
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Risk premia in the German electricity futures market
Pietz, Matthäus - 2009
The mechanism behind price formation in electricity futures markets is still under discussion. Theory suggests that hedging pressure caused by deviating risk preferences is the most promising approach. This paper contributes to this discussion through an empirical investigation of electricity...
Persistent link: https://www.econbiz.de/10010305696
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Numerical Calculation of an Asymmetric Supply Function Equilibrium with Capacity Constraints
Holmberg, Pär - 2005
Producers submit committed supply functions to a procurement auction, e.g. an electricity auction, before the uncertain demand has been realized. In the Supply Function Equilibrium(SFE), every firm chooses the bid maximizing his expected profit given the bids of the competitors. In case of...
Persistent link: https://www.econbiz.de/10010321539
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Some Inequalities related to the analysis of electricity auctions
Hästö, Peter; Holmberg, Pär - 2005
Most balaning markets of electric power are organized as uniform-price auctions. In 2001, the balancing market of England and Wales switched to a pay-as-bid auction with the intention of reducing wholesale electricity prices. Numerical simultations of an electricity auction model have indicated...
Persistent link: https://www.econbiz.de/10010321551
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Asymmetric Supply Function Equilibrium with Constant Marginal Costs
Holmberg, Pär - 2005
In a real-time electric power auction, the bids of producers consist of committed supply as a function of price. The bids are submitted under uncertainty, before the demand by the Independent System Operator has been realized. In the Supply Function Equilibrium (SFE), every producer chooses the...
Persistent link: https://www.econbiz.de/10010321577