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Persistent link: https://www.econbiz.de/10010837242
This study employs the momentum threshold error-correction model with generalized autoregressive conditional heteroskedasticity to investigate asymmetric cointegration and causal relationships between West Texas Intermediate Crude Oil and gold prices in the futures market. The paper examines...
Persistent link: https://www.econbiz.de/10014176470
Union Emission Trading Scheme (EU ETS) which concerns predominantly electricity generation sectors. In this paper we seek to …. Because if so electricity producers in these countries should include the price of carbon in their costs functions. After … identifying the different sub periods of the EU ETS during its pilot phase (2005-2007), we model the prices of various electricity …
Persistent link: https://www.econbiz.de/10005051730
This paper investigates the interactions of spot markets for crude oil and regular gasoline in a transatlantic context. A cointegrated vector autoregressive (VAR) system is estimated using weekly time series data for spot prices of representative crude oil and regular gasoline in Europe and the...
Persistent link: https://www.econbiz.de/10010598994
The main objective of this paper is to analyze the behavior of the term structure of the WTI futures market between 2002 and 2009, period known by a sustained price rise followed by a price slump and again by a new price rise. To achieve this goal, we use Principal Component Analysis (PCA) to...
Persistent link: https://www.econbiz.de/10008611579
Spanish and French electricity markets. Using the constant (CCC) and dynamic conditional correlation (DCC) bivariate models … provide new evidence that the EU target of achieving a single electricity market largely depends on increasing trade between …
Persistent link: https://www.econbiz.de/10011129025
This study employs the momentum threshold error-correction model with generalized autoregressive conditional heteroskedasticity to investigate asymmetric cointegration and causal relationships between West Texas Intermediate Crude Oil and gold prices in the futures market. The paper examines...
Persistent link: https://www.econbiz.de/10011205787
Purpose: The aim of this paper is to examine investors' economic and social profiles in renewable energy sources with … renewable energy sources in the Regional Units of Thessaloniki, Imathia and Pella. Data was collected through a structured … population-total number of investors retrieved from the Ministry of Environment, Energy, and Climate Change records. Findings …
Persistent link: https://www.econbiz.de/10014512624
This paper analyzes the potential for citizen participation in renewable energy cooperatives and in the energy … analyze (i) differences between members and non-members of renewable energy cooperatives, (ii) non-members' willingness to … participate in energy cooperatives, and (iii) factors determining citizen participation in terms of not only voluntary involvement …
Persistent link: https://www.econbiz.de/10012534487
The Integrated Energy and Climate Protection Program of the German government includes the political target to double …
Persistent link: https://www.econbiz.de/10013116059