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Modelling Energy Demand and Household Welfare Using Micro-Data

Baker, Paul; Blundell, Richard William; Micklewright, John - C.E.P.R. Discussion Papers - 1987

Polar form at the second stage. At the second stage the household is assumed to allocate its expenditure among gas … concerned that it is treated as an unobserved variable. Some simplifying assumptions lead to linear estimating equations for gas … presented and the diversity of implied price and income elasticities is emphasized. Both gas and electricity are found to be …

Persistent link: https://www.econbiz.de/10005497752

Economic Reform in Europe: Integrating and Liberalizing the Market for Services

Newbery, David M G - C.E.P.R. Discussion Papers - 2002

The EU faces challenges in reforming the Gas and Electricity Directives to implement the single market in electricity … and gas. The Paper argues that there is unfinished business in the areas of regulation, restructuring, encouraging proper …

Persistent link: https://www.econbiz.de/10005661538

Energy Policy Issues after Privatisation

Newbery, David M G - C.E.P.R. Discussion Papers - 1986

The purpose of this paper is to investigate how energy policy should respond to the changes in the organisation of energy sector associated with privatisation. The paper begins with a brief review of how energy policy was perceived before the 1973 oil shock, and the lessons learned from...

Persistent link: https://www.econbiz.de/10005666940

Matching Demand and Supply in a Weightless Economy: Market-Driven Creativity With and Without IPRs

Quah, Danny - C.E.P.R. Discussion Papers - 2002

Many cultural products have the same non-rival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic – societies tolerate monopolistic inefficiency in intellectual property (IP) protection...

Persistent link: https://www.econbiz.de/10005498130

The Weightless Economy in Economic Development

Quah, Danny - C.E.P.R. Discussion Papers - 1999

Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...

Persistent link: https://www.econbiz.de/10005791375

Internet Security, Vulnerability Disclosure and Software Provision

Choi, Jay-Pil; Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2005

In this paper, we examine how software vulnerabilities affect firms that license software and consumers that purchase … software. In particular, we model three decisions of the firm: (i) an upfront investment in the quality of the software to … software. We also model two decisions of the consumer: (i) whether to purchase the software; and (ii) whether to apply a patch. …

Persistent link: https://www.econbiz.de/10005792060

The Determinants of Output Per Contributor in Open Source Projects: An Empirical Examination

Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2004

Using a unique dataset we examine empirically which factors explain output per contributor in open source projects. We find that the output per contributor of open source programmes is much higher when licenses are less restrictive. Further examination suggests that the difference in output per...

Persistent link: https://www.econbiz.de/10005124098