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abundance of hard coal and the price of hard coal are the two variables of our major interest. We assume that countries with an … coal abundance or the accessibility of hard coal, respectively, the hard coal price, the level of foreign direct investment …
Persistent link: https://www.econbiz.de/10003814080
price on the market share of energy efficient refrigerators -- representing energy savings of 15-20% as compared to standard … result if the U.S. implemented a price on carbon, thereby increasing the price of electricity and the market share of energy … efficient appliances. We find a price elasticity of demand of between 0.16 and 0.26, a relatively small response and smaller …
Persistent link: https://www.econbiz.de/10014145501
of daily spot prices for natural gas in North America and Europe we investigate price dynamics covering the period from …
Persistent link: https://www.econbiz.de/10014206834
Energy commodity prices have been rising at an unprecedented pace over the last five years. As oil supplies tighten and prices frequently break new highs, major oil companies have recently unveiled a flurry of multi-billion dollar deals for new projects whose target is not oil but natural gas....
Persistent link: https://www.econbiz.de/10011166323
price for the emission of greenhouse gases is advisable. There is a global public good problem that can most likely be …
Persistent link: https://www.econbiz.de/10012221305
price formation and arbitrage efficiency between spot and futures markets. Econometric approaches are specified that … that price discovery takes place on the futures market, while the spot price subsequently follows the futures market price …
Persistent link: https://www.econbiz.de/10010190788
We analyze the relation between European natural gas storage facilities and price patterns at major trading points …
Persistent link: https://www.econbiz.de/10003779200
’s inventory model of commodity price dynamics, that stresses the importance of volatility in crude oil markets for short …-run market dynamics. We show that after February 1999 asymmetry in gasoline price dynamics is caused by changes in the net …
Persistent link: https://www.econbiz.de/10014206336
chaotic structure using price data from the energy sector to resolve whether the sector's fundamentals or exogenous shocks …
Persistent link: https://www.econbiz.de/10014210504
This paper proposes a new volatility model for energy prices explicitly characterized by the supply-demand relationship, which we call a Supply and Demand based Volatility (SDV) model. We show that the supply curve shape of energy in the SDV model produces the characteristics of the volatility...
Persistent link: https://www.econbiz.de/10012711629