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Demand for gasoline is more price-inelastic than commonly thought
Havranek, Tomas; Irsova, Zuzana; Janda, Karel - In: Energy Economics 34 (2012) 1, pp. 201-207
gasoline demand. We conduct a quantitative survey of the estimates of elasticity reported for various countries around the …
Persistent link: https://www.econbiz.de/10011039517
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Some Economic Aspects of Energy Security
Labandeira, Xavier; Manzano, Baltazar - In: European Research Studies Journal XV (2012) 4, pp. 47-64
Energy security is becoming an increasingly important issue in the energy domain. However, from an economic point of view, many questions related to energy security are still unclear: from its definition and the costs associated to insecurity, to the design of policies intended to reduce it. In...
Persistent link: https://www.econbiz.de/10010934439
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Behavioural responses to energy-related taxes: a survey
A. Ferrer-i-Carbonell, A.C. Muskens, M.J. van Leeuwen - In: International Journal of Global Energy Issues 18 (2002) 2/3/4, pp. 202-217
This article examines behavioural responses to changes in energy prices by surveying the magnitude of energy price elasticities. Price elasticity estimates can be used to understand behavioural responses to changes in prices due to environmental taxes. A theoretical framework is presented...
Persistent link: https://www.econbiz.de/10010669917
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Dynamic demand for residential electricity in Taiwan under seasonality and increasing-block pricing
Hung, Ming-Feng; Huang, Tai-Hsin - In: Energy Economics 48 (2015) C, pp. 168-177
This paper studies the dynamic demand for residential electricity in Taiwan employing a monthly panel data set … significant seasonal difference in the demand for electricity between the summer and non-summer periods. Both the adjustment speed …
Persistent link: https://www.econbiz.de/10011208272
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Some Economic Aspects of Energy Security
Labandeira, Xavier; Manzano, Baltazar - In: European Research Studies Journal XV (2012) Special Issue on Energy, pp. 47-64
Energy security is becoming an increasingly important issue in the energy domain. However, from an economic point of view, many questions related to energy security are still unclear: from its definition and the costs associated to insecurity, to the design of policies intended to reduce it. In...
Persistent link: https://www.econbiz.de/10010663671
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A Panel Data Analysis of Electricity Demand in Pakistan
Chaudhry, Azam - In: Lahore Journal of Economics 15 (2010) Special Edition, pp. 75-106
This paper looks at the economy-wide demand and the firm level demand for electricity in Pakistan. The economy wide … estimation of electricity demand uses panel data from 63 countries from 1998-2008, and finds that the elasticity of demand for … lead to a 0.69% increase in the demand for electricity. The firm level analysis uses firm level data from the World Bank …
Persistent link: https://www.econbiz.de/10010556760
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Electricity Derivatives and the Spot Market in Italy. Mitigating Market Power in the Electricity Market
Cavallo, Laura - 2012
The increased uncertainty regarding electricity prices caused by the liberalization of the sector and the launch of wholesale spot electricity markets has led to the development of financial derivatives both in regulated and over-the-counter markets. The ability of the spot market to stimulate...
Persistent link: https://www.econbiz.de/10012713414
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The Allocative Cost of Price Ceilings in the U.S. Residential Market for Natural Gas
Kilian, Lutz; Davis, Lucas W. - National Bureau of Economic Research (NBER) - 2008
, when there is excess demand, the good will not be allocated to the buyers who value it the most. The resulting allocative … household-level, discrete-continuous model of natural gas demand, we estimate that the allocative cost in the U.S. residential …
Persistent link: https://www.econbiz.de/10005778427
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The Performance of the Deregulated Electricity Markets in Norway and Sweden: A Tentative Assessment
Amundsen, E.S.; Bergman, L. - Institutt for Økonomi, Universitetet i Bergen - 1998
This paper briefly describes the design and functioning of the new electricity markets in Norway and Sweden and makes a preliminary evaluation of the performance of these markets. The Norwegian-Swedish "model" of deregulation is described in terms of the basic deviations from the approach...
Persistent link: https://www.econbiz.de/10005783571
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The Implication of Incorporating Environmental Costs in Utility Rate Setting
Mariam, Yohannes - Volkswirtschaftliche Fakultät, … - 2002
Electric and natural gas are the two major sources of energy for residents of Washington State. Several states have adopted a policy whereby utility companies decide on the choice of mixes of resources by incorporating cost effectiveness, conservation and externalities. Externalities could...
Persistent link: https://www.econbiz.de/10005789245