Showing 1 - 10 of 701
pace and scale of the reform differ across energy types. This article discusses the evolution of price reforms for coal …, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of these energy price …
Persistent link: https://www.econbiz.de/10011957010
The mothballing option has been studied in the literature, but mainly in decision theoretic frameworks. This paper looks at it from a strategic point of view and applies it to an incumbent-entrant framework. In particular, based on the recent strategic interactions between OPEC and the shale oil...
Persistent link: https://www.econbiz.de/10012419719
In the light of finite oil reserves, Persian Gulf oil-exporting economies have recently undertaken major investments in their domestic travel and tourism industries. Building on the Bayesian SVAR model of the global oil market in Baumeister and Hamilton (2019), we investigate the conditional...
Persistent link: https://www.econbiz.de/10012800469
. These commodities are the constituents of the Energy Transition Metals (ETMs) price index maintained by the International …
Persistent link: https://www.econbiz.de/10014305713
The regulated price mechanism in China’s power industry has attracted much criticism because of its incapability to … government launched an unprecedented marketization reform in 2015 to deregulate the electricity price. This paper examines the … impact of the electricity price deregulation in the industry level. We first construct two-stage dynamic game models by …
Persistent link: https://www.econbiz.de/10011957009
Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government’s responsiveness and accountability towards the people and they have brought it into collusive relationship...
Persistent link: https://www.econbiz.de/10011816771
consequences. I analyze the equilibrium effects of a minimum-efficiency standard, taking price adjustments and household …
Persistent link: https://www.econbiz.de/10012146431
introduction had on the electricity market. The most relevant effect is the reduction of the level of electricity price … particularly important in investment evaluation: knowing the different dynamics of price volatility in presence of a carbon tax or …
Persistent link: https://www.econbiz.de/10012269865
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
The Inflation Reduction Act (IRA), passed under the Biden administration in August 2022, is the biggest US climate bill to date. Its focus on subsidy-driven decarbonization incentives marks a potential turning point in US industrial policy and might prevent its repeal under the upcoming Trump...
Persistent link: https://www.econbiz.de/10015202296