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Persistent link: https://www.econbiz.de/10000369029
Fossil fuels have shaped the European economy since the industrial revolution. We use new long-run panel data to analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of European NUTS2 and NUTS3 regions. We show that the reversal of...
Persistent link: https://www.econbiz.de/10014487309
Fossil fuels have shaped the European economy since the industrial revolution. We use new long-run panel data to analyse the effect of both, coal and oil on economic growth between 1900 and 2015, exploiting variation at the level of European NUTS2 and NUTS3 regions. We show that the reversal of...
Persistent link: https://www.econbiz.de/10014442780
Persistent link: https://www.econbiz.de/10014429938
Fossil fuels have shaped the European economy since the industrial revolution. In this paper, we analyse the effect of coal and oil on long-run economic growth, exploiting variation at the level of European NUTS-2 and NUTS-3 regions over the last century. We show that an "oil invasion" in the...
Persistent link: https://www.econbiz.de/10014088348
The seaborne steam coal market changed in recent years. Trade volumes grew dynamically, important players emerged and since 2007 prices increased significantly and remained relatively high since then. In this paper we analyse market equilibria in the years 2006 and 2008 by testing for two...
Persistent link: https://www.econbiz.de/10010293359
During 2007 and 2008 steam coal prices soared to unprecedented levels. Since then much has been speculated about the drivers of these price peaks. This paper is concerned with the costs of steam coal allocation in the seaborne market and their influence on the price equilibrium. It presents an...
Persistent link: https://www.econbiz.de/10010293360
The efficiency of electricity generation in hard coal fired power plants varies considerably from country to country and over time. These differences occur both between developing and developed countries and between industrialised nations. The econometric analysis presented in this paper tests...
Persistent link: https://www.econbiz.de/10010298728
Die Bedeutung von Kohle wird heute oft unterschätzt, da sie lange als eine Ressource der Vergangenheit galt. Dabei ist … Kohle nach wie vor Grundpfeiler der Stromerzeugung in den meisten Ländern: Ein Viertel des weltweiten … Primärenergieverbrauchs wird durch Kohle gedeckt. Während die größten Kohleproduzenten China, USA und Indien auch gleichzeitig die größten …
Persistent link: https://www.econbiz.de/10011601891
With its resource availability and the prospect of climate friendly technology, coal continues to play an important role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to analyze the level of competition in this market which is...
Persistent link: https://www.econbiz.de/10010265027