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In this paper we develop a spatial Cournot trade model with two unequally sized countries, using the geographical interpretation of the Hotelling line. We analyze the trade and welfare effects of international trade between these two countries. The welfare analysis indicates that in this...
Persistent link: https://www.econbiz.de/10009449011
In this paper, we analyze the dynamics of a very small economy which tries to attract foreign investments. For that purpose, we model the intertemporal behavior of a small jurisdiction using taxes and attractive public infrastructures as policy instruments, for given policy choices of the rest...
Persistent link: https://www.econbiz.de/10009452566
Persistent link: https://www.econbiz.de/10010353188
A generalized theory for laminated plates with delaminations is used to consider the influence of inelastic … internally consistent fashion in terms of the fundamental unknown interfacial tractions. The current theory imposes no … restrictions on the size, location, distribution, or direction of growth of the delaminations. The proposed theory is used to …
Persistent link: https://www.econbiz.de/10009435524
illustrative Northeastern utility. We recommendan elasticity approach for large-customer DR options that rely oncusto! …
Persistent link: https://www.econbiz.de/10009435641
customers' satisfaction, hedging choices and price response through in-depth customer market research and a Constant Elasticity …
Persistent link: https://www.econbiz.de/10009435765
Pooled data across several developing countries and the U.S. were used to estimate long-run substitution and price elasticities ina translog framework for the paper, iron and steel, and aggregatemanufacturing industries. While the quality of the estimates variesacross the several...
Persistent link: https://www.econbiz.de/10009436042
elasticity of oil demand and supply in the US and the rest of the world, however, would be an effective strategy. …
Persistent link: https://www.econbiz.de/10009436141
An evaluation of the existing hydrothermal energy economics related quantitative studies is provided. The objective is to present the similarities and differences in methodology and assumptions, and explain the impact of these differences on the energy price estimates. A brief summary of the...
Persistent link: https://www.econbiz.de/10009436375
and price volatility. Indeed, economic theory suggests that even modestly price-responsive demand can remove the stress on … generation resources and decrease spot prices. To test this theory, we use actual generator bid data from the New York control … demand elasticity. We then estimate the potential impact of real-time pricing on the equilibrium spot price and quantity …
Persistent link: https://www.econbiz.de/10009436432