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Electricity prices have seen a consistent upward trend since the implementation of Mexico's electricity market reform (EMR). This has been interpreted by some as a failure of the EMR. In this paper we study the determinants of such price increases. We calculate the generation cost curve of the...
Persistent link: https://www.econbiz.de/10012217605
Electricity prices have seen a consistent upward trend since the implementation of Mexico's electricity market reform (EMR). This has been interpreted by some as a failure of the EMR. In this paper we study the determinants of such price increases. We calculate the generation cost curve of the...
Persistent link: https://www.econbiz.de/10012037000
This study analyzes the elasticities of demand and income from electricity for domestic and industrial use, for Colombia (2000-2011), by estimating demand equations by OLS. The impacts on macroeconomic variables, which generate changes in the price of electricity, are also estimated by using a...
Persistent link: https://www.econbiz.de/10011307203
Because of the importance of the energy sector's development for the performance and stability of the economy, its analysis has become an intriguing branch of the economic sciences. For this study it should be tested the characteristics of each of the industries that comprise it, as well as make...
Persistent link: https://www.econbiz.de/10011811000
Persistent link: https://www.econbiz.de/10011811001
English Abstract: Between December 2020 and June 2021, wholesale electricity market prices almost doubled in Spain. According to our estimates, a substantial portion of the observed increase – around 20% – would be due to the rise in CO2 prices in the European ETS, which directly impacts the...
Persistent link: https://www.econbiz.de/10013216270
This study analyzes the elasticities of demand and income from electricity for domestic and industrial use, for Colombia (2000-2011), by estimating demand equations by OLS. The impacts on macroeconomic variables, which generate changes in the price of electricity, are also estimated by using a...
Persistent link: https://www.econbiz.de/10010213094
Because of the importance of the energy sector's development for the performance and stability of the economy, its analysis has become an intriguing branch of the economic sciences. For this study it should be tested the characteristics of each of the industries that comprise it, as well as make...
Persistent link: https://www.econbiz.de/10011703362
Persistent link: https://www.econbiz.de/10011703374
La teoría del consumidor ha formulado que los aumentos en los ingresos delas personas implica una disminución del gasto relativo en alimentos. Estahipótesis, se conoce en la literatura como la ley de Engel. Esta hipótesistambién ha sido aplicada a otros bienes de primera necesidad mediante...
Persistent link: https://www.econbiz.de/10005025441