The merit-order approach in the electricity market, which is in widespread use across the EU27 and the UK, has proven to be somewhat economically problematic in the context of the Russo-Ukrainian War. The massively increased gas prices since summer 2022—in the context of Russian supply cuts to...

In this paper, we intend so "re-construct" the famous Barone-curve, which goes back to Enrico Barone's contributions to economics in the 1930s. After discussing the comparative statics and the distribution of profits features of the model, we have explicitly introduced, for the first time, the...

In this paper, we intend so "re-construct" the famous Barone-curve, which goes back to Enrico Barone's contributions to economics in the 1930s. After discussing the comparative statics and the distribution of profits features of the model, we have explicitly introduced, for the first time, the...

The present study extends an earlier elasticities-absorption approach to the balance of payments to the analysis of the consequences of tariff reforms on the Egyptian macro-economy, particularly as it relates to fiscal revenue implications. From an analytical perspective, we use the...