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Survey of Models on Demand, Customer Base-Line and Demand Response and Their Relationships in the Power Market

Heshmati, Almas - 2012

The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...

Persistent link: https://www.econbiz.de/10013104681

Wages, Hires, and Labor Market Concentration

Marinescu, Ioana - 2020

.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …

Persistent link: https://www.econbiz.de/10012833879

Which Households Respond to Electricity Peak Pricing Amid High Levels of Electrification?

Garnache, Cloé; Hernaes, Oeystein; Imenes, Anders Gravir - 2022

We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment. Increasing the grid transmission charge by 4,067%...

Persistent link: https://www.econbiz.de/10014030825

Estimation of Productivity in Korean Electric Power Plants : A Semiparametric Smooth Coefficient Model

Heshmati, Almas - 2013

This paper analyzes the impact of load factor, facility and generator types on the productivity of Korean electric power plants. In order to capture important differences in the effect of load policy on power output, we use a semiparametric smooth coefficient (SPSC) model that allows us to model...

Persistent link: https://www.econbiz.de/10013084669

Bribes vs. Taxes : Market Structure and Incentives

Amodio, Francesco - 2018

Firms in developing countries often avoid paying taxes by making informal payments to tax officials. These bribes may raise the cost of operating a business, and the price charged to consumers. To decrease these costs, we designed a feedback incentive scheme for business tax inspectors that...

Persistent link: https://www.econbiz.de/10012914336

Productivity, Welfare and Reallocation : Theory and Firm-Level Evidence

Basu, Susanto - 2009

We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...

Persistent link: https://www.econbiz.de/10013153299

Mergers of Equals and Unequals

Smeets, Valerie - 2006

We examine the dynamics of post-merger organizational integration. Our basic question is whether there is evidence of … pre-merger operations decreases turnover. This finding is inconsistent with the view that workers of the two firms … substitute for each other, creating efficiencies from merger. However, that result and our other findings are consistent with the …

Persistent link: https://www.econbiz.de/10012779047

Intra-Industry Adjustment to Import Competition : Theory and Application to the German Clothing Industry

Raff, Horst - 2009

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms face a fall in output, mark-ups and profits, and the...

Persistent link: https://www.econbiz.de/10013155562

Globalization and Local Profiles of Economic Growth and Industrial Change

Dauth, Wolfgang - 2014

We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978-2008. The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. This trend– also known as Petty's law – is not...

Persistent link: https://www.econbiz.de/10013054568

Pareto-Improving Structural Reforms

Saint-Paul, Gilles - 2019

Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory transfers can support a Pareto-improving reform. This...

Persistent link: https://www.econbiz.de/10012896759