Gonzales, Luis E.; Ito, Koichiro; Reguant, Mar - National Bureau of Economic Research - 2022
plant entry and show how to correct for such bias. We find that market integration resulted in price convergence across … renewable supply. In this paper, we study the static and dynamic impacts of market integration on renewable energy expansion …. Our theory highlights that statically, market integration improves allocative efficiency by gains from trade, and …