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Goyal, Sanjeev; van der Leij, Marco; Moraga-Gonzàlez, … - 2004

period. We find that in the 1970's this world was quite fragmented with the largest interconnected group { the giant …, leading us to conclude that economics is an emerging small world. A crucial stable feature of the network over this period is … themselves). The world of economics is thus a collection of inter-linked stars. We also find that a growth in the average number …

Persistent link: https://www.econbiz.de/10011324960

The Impact of Surplus Sharing on The Stability of International Climate Agreements

Weikard, Hans-Peter; Altamirano-Cabrera, Juan-Carlos; … - 2004

This paper analyses stability of coalitions for greenhouse gas abatement for different sharing rules applied to the gains from co-operation. We use a 12-regions model designed to examine internal and external stability of coalitions (STACO). We compare different sharing rules like, for example,...

Persistent link: https://www.econbiz.de/10011324972

Market-based Options for Security of Energy Supply

Egenhofer, Christian; Gialoglou, Kyriakos; Luciani, Giacomo - 2004

Energy market liberalization and international economic interdependence have affected governments' ability to react to security of supply challenges. On the other side, whereas in the past security of supply was largely seen as a national responsibility, the frame of reference has increasingly...

Persistent link: https://www.econbiz.de/10011324987

Transport Energy Security. The Unseen Risk?

Fisk, David - 2004

transport sector of the world's economies, which in its turn reflects the strategic dominance of transport within economies. The …

Persistent link: https://www.econbiz.de/10011324988

Security of Supply for Natural Gas Markets. What is it and What is it not?

Luciani, Giacomo - 2004

The issue of security of gas supplies is frequently discussed on the basis of intuitive and non-systematic arguments. Greater import dependence is normally equated with greater insecurity, and strategic stocks are the risk management tool most commonly considered. This paper strives to offer a...

Persistent link: https://www.econbiz.de/10011324989

Investments in Gas Pipelines and Liquefied Natural Gas Infrastructure. What is the Impact on the Security of Supply?

Cayrade, Patrick - 2004

This paper addresses the question of the infrastructure investment required for gas pipeline and liquefied natural gas (LNG) connections to meet growing gas demand in an enlarged EU over the next 20 years. Several issues are presented, bearing in mind the major objective of the security of...

Persistent link: https://www.econbiz.de/10011324990

Social Costs of Energy Disruptions

Costantini, Valeria; Gracceva, Francesco - 2004

The costs of energy supply disruptions for industrialised economies go well beyond the economic measures of national accounts. According to different kinds of risks, physical shortages or price shocks, there are several categories of negative effects. Oil disruptions have both a direct and an...

Persistent link: https://www.econbiz.de/10011324994

The Question of Generation Adequacy in Liberalised Electricity Markets

de Vries, L.J.; Hakvoort, R.A. - 2004

This paper presents an overview of the reasons why unregulated markets for the production of electricity cannot be expected to invest sufficiently in generation capacity on a continuous basis. Although it can be shown that periodic price spikes should provide generation companies with sufficient...

Persistent link: https://www.econbiz.de/10011325002

Natural Resources: A Blessing or a Curse?

Papyrakis, Elissaios; Gerlagh, Reyer - 2003

We examine empirically the effect of natural resource abundance on economic growth. We find that natural resources have a negative impact on growth when considered in isolation, but a positive impact on growth when including in the analysis other variables such as corruption, investments,...

Persistent link: https://www.econbiz.de/10011325038

Thirteen Plus One: A Comparison of Global Climate Policy Architectures

Aldy, Joseph E.; Barrett, Scott; Stavins, Robert N. - 2003

We critically review the Kyoto Protocol and thirteen alternative policy architectures for addressing the threat of global climate change. We employ six criteria to evaluate the policy proposals: environmental outcome, dynamic efficiency, cost effectiveness, equity, flexibility in the presence of...

Persistent link: https://www.econbiz.de/10011325094