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-contained chapters about aspects of the integration of new energy sources into existing energy systems. Three aspects regarding the … introduction of new energy sources into existing fossil fuel markets are analyzed. Chapters one and two deal with this topic in two … theoretical dynamic models of resource extraction. The energy market model of chapter one consists of heterogeneous energy sources …
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We construct a dynamic model of a small open economy to analyze the effects of large energy subsidies. The model … includes domestic energy production and consumption, trade in energy at world market prices, as well as private and public … sector production. The model is calibrated to Egypt and used to study reforms such as reductions in energy subsidies with …
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