Showing 1 - 10 of 15,023
green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices …, as do the prices of source energy commodities. And carbon permit prices' impact has clearly increased post-2021 … (particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the …
Persistent link: https://www.econbiz.de/10013262773
How does policy affect innovation and the digital economy? We revisit how standard product market regulation affects … innovation and develop a novel framework for thinking about digital regulation. Using new establishment-level micro-data across … innovation activities. These declines are a result of product market regulation on the incentives to invest in in-house R&D and …
Persistent link: https://www.econbiz.de/10012849695
We document empirical support for a key micro-level channel --- innovation by young, private firms --- through which … market power of banks, decreased the level and risk of innovation by young, private firms. In contrast, interstate banking … deregulation, which decreased the local market power of banks, increased the level and risk of innovation by young, private firms …
Persistent link: https://www.econbiz.de/10013035909
IPOs since 2012. Reduced compliance costs encourage innovation capital formation as biotech IPO volume increases 200% and …
Persistent link: https://www.econbiz.de/10012829465
The Swedish economy has developed rapidly since the mid-1990s relative to most comparable countries, in particular relative to almost all other EU-15 countries. We investigate two policy areas that are believed to have been important for the strong economic development in Sweden during the last...
Persistent link: https://www.econbiz.de/10010206764
Law and Energy Market Regulation … the goals of European Competition Law. In other words it is a delimitated restructuring of energy markets which is subject … existing restrictions on this process, while we often refer to specific cases of high importance for the European Energy Market …
Persistent link: https://www.econbiz.de/10013069698
In this paper, we examine the use of carbon pricing and an output-based subsidy in a market with imperfect competition. We consider a carbon pricing policy in Alberta's electricity market as a case study. This policy consists of two phases. In the first phase, the carbon price is doubled with...
Persistent link: https://www.econbiz.de/10012961552
We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent providers can price discriminate between searching and...
Persistent link: https://www.econbiz.de/10012897788
This paper proposes an extended version of the analytical structural model for the electricity market developed in a previous paper. The presented electricity price process is driven by stochastic load and random plant availability as well as stochastic marginal generation cost factors embedded...
Persistent link: https://www.econbiz.de/10012970389