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approach consists in evaluating the effect on the manufacturing sector of an improvement in efficiency on electricity … quality and reliability in electricity distribution and production, it indeed embodies a positive shock. The main result is a … effect on production implied by consumption of electricity is smaller as industry generates in a higher proportion its own …
Persistent link: https://www.econbiz.de/10011108786
We develop a theoretical model of long-run investment decisions on capacity in the context of a liberalized electricity … the level of capacity that maximizes social welfare, and compare it to a decentralized outcome. We show that in the … absence of any regulation, private investment decisions on capacity unambiguously lead to a socially sub-optimal outcome, and …
Persistent link: https://www.econbiz.de/10005792333
her energy market; namely, electricity, natural gas, petroleum and liquefied petroleum gas industries, which requires … also lists some policy suggestions with crucial importance. Since the rapid electricity demand growth is the most … contentious reason behind the recent reforms; the dissertation specifically focuses on the issue by both providing an electricity …
Persistent link: https://www.econbiz.de/10008740582
resources such as electricity and gas that are not captured by market prices. Washington State possesses diverse resources that … rate setting on i) changes in the prices of energy or utility rates, and ii) its contribution toward reducing emissions of …
Persistent link: https://www.econbiz.de/10005789245
(apples, watermelons, melons, grapes), potatoes, sugar beet, good quality wine production. In this study are analyzed … indicators on the evolution of cultivated surfaces, yields and prices for main crops: the average annual rate of growth …
Persistent link: https://www.econbiz.de/10011157027
The paper is a review of possible consequences and challenges presented by high oil prices in Pakistan. Pakistan is … resources. The rising oil prices in the international market has had effected negatively balance of payment position as well as … development oil will remain an important source of energy. The government should chalk out strategies for ensuring efficiency in …
Persistent link: https://www.econbiz.de/10005620074
Many financial studies are based on the efficient capital markets hypothesis. In this context, testing the existence of this concept becomes an interesting field of study for the emerging capital market. The aim of this paper is to enlighten the difficulties of portfolio construction in a...
Persistent link: https://www.econbiz.de/10005260312
This paper investigates sensitivity of U.S. natural gas price to crude oil price changes, using time-varying coefficient models. Identification of the range of variation of the sensitivity of natural gas price to oil price change allows more accurate assessment of upper and minimum risk levels...
Persistent link: https://www.econbiz.de/10004961504
efficient after the Big Bang deregulation. However, the real bottom line of performance, profit efficiency, declined. In … profitability and efficiency declines on the whole, and the main targets of the deregulation, the big city, trust and long … success? Focusing on the Big Bang’s stated objectives of promoting profitability and efficiency, this study examines the …
Persistent link: https://www.econbiz.de/10009372495
employed to assess the weak-form efficiency of Khartoum Stock Exchange (KSE) market. The finding of the paper indicates the …
Persistent link: https://www.econbiz.de/10005105676