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In this article we discuss welfare-optimal capacity allocation of different electricity generation technologies …
Persistent link: https://www.econbiz.de/10010429439
marginal cost of suppliers. The leading example is the electricity industry, where there is a capacity market clearing before … the spot market. -- capacity market ; procurement auction ; electricity market ; competitive equilibrium …
Persistent link: https://www.econbiz.de/10009743582
-run price elasticities of state-level electricity demand in the United States. Our sample covers the period 2003-2015. We …-level electricity demand is very price inelastic in the short run, with a same-year elasticity of -0.1. The long-run elasticity is near … demand. This appears to in part be due to electricity-intensive industrial activities clustering in low-price states …
Persistent link: https://www.econbiz.de/10012950063
. Increased liberalisation of electricity supply industry has resulted in a significant increase in inter-area (or cross …
Persistent link: https://www.econbiz.de/10005113836
The growth of electric vehicles (EVs) raises new challenges for electricity systems. We implement a field experiment to …
Persistent link: https://www.econbiz.de/10015056212
The Thanksgiving-Christmas holiday period is a major sales period for US retailers. Due to higher store traffic, tasks such as restocking shelves, handling customers' questions and inquiries, running cash registers, cleaning, and bagging, become more urgent during holidays. As a result, the...
Persistent link: https://www.econbiz.de/10010336068
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that US firms face in these markets is strongly driven by the prices of Chinese imports, and so is their pricing decision. This paper quantifies the effect of the...
Persistent link: https://www.econbiz.de/10011430113
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10010281451
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10009511759
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that US firms face in these markets is strongly driven by the prices of Chinese imports, and so is their pricing decision. This paper quantifies the effect of the...
Persistent link: https://www.econbiz.de/10010493916