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This report analyses tax incentives for SMEs in 20 EU countries and five non-EU countries between 2009-2013. Its findings and recommendations are based on a review of tax codes, modelling of tax burdens using two different models, a descriptive analysis of company financial ratios, and the...
Persistent link: https://www.econbiz.de/10011390417
An important conclusion from the literature on hydropower is that if there are no other constraints than the available … hydropower being non-concave. This non-concavity can be caused by short-run capacity limits either on exports and imports of …
Persistent link: https://www.econbiz.de/10011324964
; and changes in river flow with impacts on hydropower and the ability to meeting water requirements for municipal … and hydropower generation out to the year 2050. These climate scenarios show a drying trend in the north with an increase … overall hydropower generating capacity is typically only mildly affected by 2041 to 2050. …
Persistent link: https://www.econbiz.de/10010319767
also in the long-run equilibrium where capacities are endogenous. In such an equilibrium the hydropower monopoly will get a …
Persistent link: https://www.econbiz.de/10010284252
An important conclusion from the literature on hydropower is that if there are no other constraints than the available … hydropower being non-concave. This non-concavity can be caused by short-run capacity limits either on exports and imports of …
Persistent link: https://www.econbiz.de/10010284467
The key question in hydropower production is the time pattern of the use of the water in the reservoir. The water used … to produce electricity today can alternatively be used tomorrow. The analysis of the operation of hydropower is therefore …
Persistent link: https://www.econbiz.de/10010284494
Many countries have followed a policy of being self-sufficient in electricity. However, in the last two decades exchange of electricity across borders has become more widespread, and the European Union's policy is to encourage a gradual expansion of cross-border trading and integration of...
Persistent link: https://www.econbiz.de/10010285605
We review the recent empirical research concerning market power on the Nordic wholesale market for electricity, Nord Pool. There is no evidence of blatant and systematic exploitation of system level market power on Nord Pool. However, generation companies seem from time to time able to take...
Persistent link: https://www.econbiz.de/10010320387
We investigate financing constraints in a large cross-country data set covering most of the European economy. Firm level investment sensitivity to cash flow is used to identify financing constraints. We find that the sensitivities are significantly positive on average, controlling for country...
Persistent link: https://www.econbiz.de/10011604735
SHARE is an international survey designed to answer the societal challenges that face us due to rapid population ageing. How do we Europeans age? How will we do economically, socially and healthwise? How are these domains interrelated? The authors of this multidisciplinary book have taken a...
Persistent link: https://www.econbiz.de/10011902317