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competition bring benefits to French consumers? Learning Objective: To teach students about the peculiar economics and politics of … competition into electricity markets, the economics of electric power generation, and the politics of energy market reform inside …
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Based on firm level data in the French manufacturing sector, we find that firms adapt quickly, strongly and through multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs. Over the period 1996-2019, faced with an idiosyncratic...
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