Showing 1 - 10 of 17
This paper investigates the relationship between information technology and capital markets, specifically the enabling and stimulating role of the stock market in the `new economy.' A multivariate analysis is used to test the hypothesis that, other things being equal, a more fully developed and...
Persistent link: https://www.econbiz.de/10005113727
Investment in electricity networks, as regulated natural monopolies, is among the highest regulatory and energy policy … electricity sector, identifying investment drivers of power networks facilitates effective regulatory treatment of investment … under incentive regulation. This study analyses the determinants of investment in Norwegian electricity distribution …
Persistent link: https://www.econbiz.de/10010729016
This paper estimates the vintage capital model of energy demand and examines operational and investment responses to …-price investment elasticities of energy efficiency of capital stock vary between 0.03 and 0.9. The investment response to energy prices … that total (operational and investment) own-price elasticity of energy demand is close to one. …
Persistent link: https://www.econbiz.de/10008503178
investment that each of these instruments may provide. We build a three-period model to investigate the incentives offered to a …-and-trade schemes generate greater mean returns to such an investment than taxes, but with a wider distribution. We find that … of investment in relation to overall compliance costs. …
Persistent link: https://www.econbiz.de/10008503182
investment choices in different sectors. For this purpose, capital stock is characterised by vintages with different intensities … efficient use of these inputs by choosing more efficient technologies at the time of investment. The model is estimated for 23 …
Persistent link: https://www.econbiz.de/10008528488
Starting from the perspective of heterodox Keynesian-Minskyian-Kindlebergian financial economics, this paper begins by highlighting a number of mechanisms that contributed to the current financial crisis. These include excess liquidity, income polarisation, conflicts between financial and...
Persistent link: https://www.econbiz.de/10005056491
Driven by fear of underinvestment in network assets, merchant investment in electricity transmission networks (MTI) is …
Persistent link: https://www.econbiz.de/10005489362
begins by reviewing the effect of privatisation on the quantity of investment undertaken by the utility sector. The evidence …
Persistent link: https://www.econbiz.de/10005647393
University Press: Cambridge" and describes a network investment assessment model developed as a tool to identify and assess the … investment requirements of distribution networks. A broadening of the scope of network investments to include demand …
Persistent link: https://www.econbiz.de/10009024891
As soon as international financial markets felt reassured in 2003 by the surprisingly neoliberal orientation of President Lula’s government, the ‘spot-the-new-Latin-tiger’ financial brigade became dazzled by Brazil — they just couldn’t have enough of it. So much so, that they had...
Persistent link: https://www.econbiz.de/10010699816