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Price Fixing Act on gasoline and diesel price levels. Using the synthetic control method, we construct a counterfactual and … Price Fixing Act came into effect, gasoline prices are 23.4% lower than the synthetic control predicts. The effect on diesel … whether they indeed help lower the overall fuel price level is unclear. In this paper, we study the effect of Austria’s Fuel …
Persistent link: https://www.econbiz.de/10012492965
After controversial public debates, fuel price regulations were implemented in Austria prohibiting fuel retailers from … raising their prices more than once per day. This paper investigates whether these policy measures affected the price …-run equilibrium seems to be faster if crude oil prices are relatively low, transitory crude oil price decreases are passed through …
Persistent link: https://www.econbiz.de/10011842709
months, starting on 1 June 2022. Using the synthetic control method to compare actual prices of gasoline and diesel to those … price jump smaller than the size of the expiring tax reduction at the start of September. Our results are robust to …
Persistent link: https://www.econbiz.de/10013427749
2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated …
Persistent link: https://www.econbiz.de/10010324208
short-term dynamics of individual markets. Furthermore, we examine whether logistics enter coal price dynamics through …
Persistent link: https://www.econbiz.de/10010274289
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007 to 2014 period. We find an average pass-through rate of around 60%, which significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have...
Persistent link: https://www.econbiz.de/10011560380
We study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model to the German power market and analyze different counterfactual and realistic cases of pumped hydro storage. Our main finding is that both storage utilization and...
Persistent link: https://www.econbiz.de/10011306703
from the price-smoothing effect of additional storage, whereas power consumers benefit despite increasing overall demand …
Persistent link: https://www.econbiz.de/10011306704
from the price-smoothing effect of additional storage, whereas consumers benefit despite increasing overall demand. Results …
Persistent link: https://www.econbiz.de/10010285733
Natural gas is increasingly important as a fuel for electric power generation as well as other uses due to its environmental advantage over other fossil fuels. Using the World Gas Model, a large-scale energy equilibrium system based on a complementarity formulation, this paper analyzes possible...
Persistent link: https://www.econbiz.de/10011968408