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Effects of Carbon Tax on Electricity Price Volatility: Empirical Evidences from the Australian Market

Comincioli, Nicola; Vergalli, Sergio - 2020

’s volatility. This effect has been investigated after having removed, from electricity data time series, the periodic behavior …, through a multiple linear regression. Then, to study volatility dynamics, we fit a two-states Markov-switching model to … represent a high-volatility and a low-volatility states of the world. This model highlighted that in both states the level of …

Persistent link: https://www.econbiz.de/10012269865

The connectedness of Energy Transition Metals

Bastianin, Andrea; Casoli, Chiara; Galeotti, Marzio - 2023

positively correlated with proxies of economic activity, whereas volatility connectedness seems to be more related to global …

Persistent link: https://www.econbiz.de/10014305713

The Impact of China’s Electricity Deregulation on Coal and Power Industries: Two-stage Game Modeling Approach

Liu, HuiHui; Zhang, ZhongXiang; Chen, ZhanMing; Dou, DeSheng - 2018

The regulated price mechanism in China’s power industry has attracted much criticism because of its incapability to optimize the allocation of resources. To build an “open, orderly, competitive and complete” power market system, the Chinese government launched an unprecedented...

Persistent link: https://www.econbiz.de/10011957009

Energy Price Reform in China

Zhang, ZhongXiang - 2018

The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China’s...

Persistent link: https://www.econbiz.de/10011957010

The Changing Role of Natural Gas in Nigeria: A policy outlook for energy security and sustainable development

Occhiali, Giovanni; Falchetta, Giacomo - 2018

finances to volatility in the international markets have represented further major issues. As a result, energy access and power …

Persistent link: https://www.econbiz.de/10011816771

The Adverse Effect of Energy-Efficiency Policy

Voss, Achim - 2019

I analyze energy-efficiency policy as a prescription of a minimum-efficiency standard for energy-using household goods like cars, building insulation, and home appliances. Such a policy has two effects. At the intensive margin, a household that invests will choose a more efficient device. At the...

Persistent link: https://www.econbiz.de/10012146431

Igniting deliberation in high stake decisions: A field study

Hefti, Andreas; Shen, Peiyao; Li, King King - 2021

We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as the...

Persistent link: https://www.econbiz.de/10012490105

Partially identified heteroskedastic SVARs

Bacchiocchi, Emanuele; Bastianin, Andrea; Kitagawa, Toru; … - 2024

This paper presents new results on the identification of heteroskedastic structural vector autoregressive (HSVAR) models. Point identification of HSVAR models fails when some shifts in the variances of the structural shocks are suspected to be statistically indistinguishable from each other....

Persistent link: https://www.econbiz.de/10014577305

Oil price drivers, geopolitical uncertainty and oil exporters' currencies

Akram, Qaisar Farooq - 2019

Empirical relationships between crude oil prices and exchange rates of oil exporting countries tend to vary over time. I use econometric models of the norwegian and canadian nominal exchange rates to investigate whether such time-variation could reflect shifts in the key oil price drivers over...

Persistent link: https://www.econbiz.de/10012661547

Promoting renewable electricity generation in imperfect markets: Price vs. quantity policies

Madlener, Reinhard; Gao, Weiyu; Neustadt, Ilja; … - 2009

The search for economically efficient policy instruments designed to promote the diffusion of renewable energy technologies in liberalized markets has led to the introduction of quota-based tradable 'green' certificate (TGC) schemes for renewable electricity. However, there is a debate about the...

Persistent link: https://www.econbiz.de/10010315495