Showing 1 - 10 of 205
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
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
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
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
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
The paper investigates the effect of electricity liberalisation on the variety of clean energy patent' search space to asses whether a more competitive electricity market can foster the development of radical clean-energy technologies. This idea is tested using a cross-section of patents filed...
Persistent link: https://www.econbiz.de/10013470535
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/10005870222
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/10005870235
The literature shows that for most UK industries privatization might be necessary but is not sufficient to produce economic benefits. Often prior changes in management or later changes in market structure and regulation have larger impacts than privatization itself. We ask what changes around...
Persistent link: https://www.econbiz.de/10009354096
This paper examines the spatial dimension of marginal willingness to pay (MWP) for reduction of nuclear risks through increased insurance coverage. The effect of distance from a nuclear power plant on individuals' MWP is ambiguous. MWP is expected to decrease with distance because the risk of...
Persistent link: https://www.econbiz.de/10010315569