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  1. Strategic interaction between wholesale and ancillary service markets
    Published: October 2022
    Publisher:  University of Alberta, Faculty of Arts, Department of Economics, [Edmonton, Alberta]

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    Series: Working paper / University of Alberta, Faculty of Arts, Department of Economics ; no. 2022, 11
    Subjects: Ancillary services; electricity; market power; strategic commitment
    Scope: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  2. Market risks and strategies in power systems integrating renewable energy
    Published: [2019]
    Publisher:  Erasmus Institute of Management (ERIM), Rotterdam

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    Media type: Dissertation
    Format: Online
    ISBN: 9789058925411
    Other identifier:
    hdl: 1765/115655
    Series: ERIM PhD series in research in management ; EPS-2019-467-LIS
    Subjects: energy economics; renewable energy; sustainability; power markets; forward and spot trading; sequential markets; energy informatics; risk premium; flexibility; electricity; short-term trading
    Scope: 1 Online-Ressource (circa 160 Seiten), Illustrationen
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    Dissertation, Erasmus University Rotterdam, 2019

  3. The health costs of coal-fired power plants in India
    Published: December 2019
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper estimates the effect of coal-fired power plants on infant mortality in India. We find that a one GW increase in coal-fired capacity corresponds to a 14% increase in infant mortality rates in districts near versus far from the plant site.... more

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    This paper estimates the effect of coal-fired power plants on infant mortality in India. We find that a one GW increase in coal-fired capacity corresponds to a 14% increase in infant mortality rates in districts near versus far from the plant site. This effect is 2-3 times larger than estimates from the developed world. Our effects are larger for: (1) older plants, (2) plants located in areas with higher baseline levels of pollution, and (3) plants burning domestic rather than imported coal. The environmental benefits from policy aimed at the power sector are thus likely to be substantially higher if targeted at older plants located in more polluted areas tailored to burn domestic rather than imported coal.

     

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    Media type: Book
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    Other identifier:
    hdl: 10419/215234
    Series: Discussion paper series / IZA ; no. 12838
    Subjects: coal; electricity; India; air pollution; infant mortality; infrastructure
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  4. Developing an electricity satellite account (ElSA)
    an application to Scotland, UK
    Published: [2019]
    Publisher:  Department of Economics, University of Strathclyde, Glasgow

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    Series: Strathclyde discussion papers in economics ; no 19, 09
    Subjects: electricity; satellite Accounts; ElSA
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  5. Lights off, lights on
    the effects of electricity shortages on small firms
    Published: December 2019
    Publisher:  World Bank Group, Development Economics, Knowledge and Strategy Team, [Washington, DC, USA]

    Entrepreneurs in developing countries report that unreliable electricity imposes a serious constraint, yet little evidence exists on how blackouts impact the micro firms that account for the majority of employment. This paper estimates the effects of... more

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    Entrepreneurs in developing countries report that unreliable electricity imposes a serious constraint, yet little evidence exists on how blackouts impact the micro firms that account for the majority of employment. This paper estimates the effects of outages on small firms using original firm-level panel data and finds evidence of differential effects by firm size. Firms without employees experience large reductions in revenues and profits. Outages have no measurable effect on the output of firms with employees, where worker hours increase, weekly wages paid decrease, and the analysis fails to reject that blackouts have no effect on (average firm-level) worker hourly wages

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Policy research working paper ; 9093
    World Bank E-Library Archive
    Subjects: infrastructure; microenterprises; electricity
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  6. Be cautious with the precautionary principle
    evidence from Fukushima Daiichi nuclear accident
    Published: October 2019
    Publisher:  National Bureau of Economic Research, Cambridge, MA

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Media type: Book
    Format: Print
    Series: Working paper series / National Bureau of Economic Research ; 26395
    Subjects: Kernenergie; Katastrophe; Wirkungsanalyse; Strompreis; Sterblichkeit; Japan; precuationary principle; nuclear energy; electricity; mortality
    Scope: 41 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe

  7. Dimensions of energy insecurity on small islands
    the case of the Maldives
    Published: [2019]
    Publisher:  Asian Development Bank Institute, Tokyo, Japan

    The study explores the dimensions of energy insecurity on small islands in terms of heavy dependence on fossil fuels and the challenges involved in improving efficiency and renewable energy capacity to enhance energy security in the electricity... more

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    The study explores the dimensions of energy insecurity on small islands in terms of heavy dependence on fossil fuels and the challenges involved in improving efficiency and renewable energy capacity to enhance energy security in the electricity system. Although all inhabited islands in the Maldives have made progress in electrification, the goal of achieving a secure, reliable supply of energy while changing to a low-carbon energy system has been challenging. However, every country faces a distinctive energy security outlook. Although the Maldives is the first and only country in South Asia with 100% access to electricity, the geographic spread necessitates the electrification of each island with its own diesel-powered mini-grid system, resulting in an expensive and inconsistent supply. The power sector continues to depend on fossil fuels, although the transformation to renewable energy has begun, particularly through solar photovoltaic hybrid systems. An evaluation in the context of the targets of SDG 7 for the Maldives offers insights into the distinctive energy security issues that small islands face, suggesting how they could develop their policies and priorities.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/222816
    Series: ADBI working paper series ; no. 1049 (December 2019)
    Subjects: small island developing states; Maldives; energy insecurity; renewable energy; electricity; sustainable development goals
    Scope: 1 Online-Ressource (circa 23 Seiten)
  8. Electricity market integration, decarbonisation and security of supply
    dynamic volatility connectedness in the Irish and Great Britain markets
    Published: [2020]
    Publisher:  Department of Economics, Copenhagen Business School, Frederiksberg

    This study investigates the volatility connectedness between the Irish and Great Britain electricity markets and how it is driven by changes in energy policy, institutional structures and political ideologies. We assess various aspects of this... more

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    This study investigates the volatility connectedness between the Irish and Great Britain electricity markets and how it is driven by changes in energy policy, institutional structures and political ideologies. We assess various aspects of this volatility connectedness including static (unconditional) vs dynamic (conditional), symmetric vs asymmetric characteristics between 2009 and 2018. We find that volatility connectedness is time varying and is significantly affected by important events, policy reforms or market redesigns such as Brexit, oil price slump, increasing share of renewables, and fluctuations in the exchange rates. Our asymmetric analysis shows that the magnitude of the good volatility connectedness is marginally larger than that of the bad volatility connectedness. Our result suggests that good volatility levels would be even higher once the Irish market adopts the carbon price floor. Therefore, supporting renewable generation by setting an appropriate carbon price in interconnected wholesale electricity markets will improve market integration.

     

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    Other identifier:
    hdl: 10398/9792
    Series: Working paper / Department of Economics, Copenhagen Business School ; 2020, 3
    CSEI working paper ; 2020, 03
    Subjects: Market integration; electricity; renewable; energy policy; volatility
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  9. Be cautious with the precautionary principle
    evidence from Fukushima Daiichi nuclear accident
    Published: October 2019
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper provides a large scale, empirical evaluation of unintended effects from invoking the precautionary principle after the Fukushima Daiichi nuclear accident. After the accident, all nuclear power stations ceased operation and nuclear power... more

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    This paper provides a large scale, empirical evaluation of unintended effects from invoking the precautionary principle after the Fukushima Daiichi nuclear accident. After the accident, all nuclear power stations ceased operation and nuclear power was replaced by fossil fuels, causing an exogenous increase in electricity prices. This increase led to a reduction in energy consumption, which caused an increase in mortality during very cold temperatures. We estimate that the increase in mortality from higher electricity prices outnumbers the mortality from the accident itself, suggesting the decision to cease nuclear production has contributed to more deaths than the accident itself.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/207511
    Series: Discussion paper series / IZA ; no. 12687
    Subjects: Kernenergie; Katastrophe; Wirkungsanalyse; Strompreis; Sterblichkeit; Japan; precuationary principle; nuclear energy; electricity; mortality
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  10. Energy demand management and social norms
    the case study in Poland
    Published: 2020
    Publisher:  University of Warsaw, Faculty of Economic Sciences, Warsaw

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    Series: Working papers / Faculty of Economic Sciences, University of Warsaw ; no. 2020, 25 = 331
    Subjects: choice experiment; demand-side management; electricity; social norms; willingness to accept
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  11. Power to the fiscal?
    an exploration of the use of credit ratings to estimate the expected cost of a guarantee of a power-purchase agreement
    Published: June 2020
    Publisher:  World Bank Group, Macroeconomics, Trade and Investment Global Practice, [Washington, DC, USA]

    Ministries of finance are often asked to guarantee a state-owned electricity utility's payments to an independent power producer under a power-purchase agreement. To decide whether to grant the guarantee, the ministry should have at least a rough... more

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    Ministries of finance are often asked to guarantee a state-owned electricity utility's payments to an independent power producer under a power-purchase agreement. To decide whether to grant the guarantee, the ministry should have at least a rough estimate of the guarantee's expected cost. Making use of an analogy between a power-purchase agreement and a debt contract, this paper shows how the ministry can get such an estimate by applying a method developed to estimate the expected cost of debt guarantees. An estimate of the probability of the utility's not being able to meet its obligations under the power-purchase agreement can be derived from the utility's actual or estimated credit rating in the absence of government support. The government's expected payments under the guarantee can then be estimated by multiplying the utility's payments under the power-purchase agreement by this probability. The estimates produced by the method will be imprecise, but the method may be easier to apply than alternative methods, and an imprecise estimate may be better for policy makers than no estimate

     

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    Series: Policy research working paper ; 9271
    World Bank E-Library Archive
    Subjects: guarantee; power-purchase agreement; independent power producer; electricity; fiscal risk
    Scope: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  12. Energy infrastructure for decarbonizing other energy sectors through renewable electricity - a spatio-temporal analysis from useful energy demand to renewable energy supply of sector coupling pathways based on the German case
    Published: [2020]
    Publisher:  Asian Development Bank Institute, Tokyo, Japan

    While progress in reducing greenhouse gas emissions is notable in the power sector, other sectors such as transportation and often heating are lagging behind. A strategy to propagate greenhouse gas emission reductions from the power sector to other... more

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    While progress in reducing greenhouse gas emissions is notable in the power sector, other sectors such as transportation and often heating are lagging behind. A strategy to propagate greenhouse gas emission reductions from the power sector to other sectors is so-called "sector coupling." Against this backdrop, we ask the following two questions: (1) To what extent does demand for (useful and final) energy match the supply of renewable energy sources in the dimensions of time and space? (2) What impacts of sector coupling pathways on future infrastructure requirements can be derived from applying spatiotemporal analyses? For our analyses, we assume a scenario with 95% greenhouse gas emission reductions for Germany as a case study as targeted by the government for 2050. We choose a consumer-driven approach, analyzing the energy value chain backwards from consumption to supply for the different sector coupling technologies. From useful energy consumption, we derive final energy demand patterns in high temporal and regional resolution and evaluate implications for different strategies of renewable energy expansion. The key contributions of our study are twofold: First, we introduce a generalizable and transferable consumer-driven analysis in high temporal and regional resolution for energy systems with high degrees of sector coupling and derive implications for the energy infrastructure. Second, we provide policy recommendations from our results regarding effective and efficient strategies for the integration of renewable energy sources into present energy systems.

     

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    hdl: 10419/238554
    Series: ADBI working paper series ; no. 1197 (October 2020)
    Subjects: sector coupling; renewables; electricity; heating; transportation; infrastructure; energy policy
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  13. How does climate change affect the transition of power systems
    the case of Germany
    Published: October 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    The effects of extreme weather events, such as heat waves and droughts, are taken into account in both global and European policies. Accordingly, the protection of critical infrastructures and in particular, the resilience of the energy sector was... more

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    The effects of extreme weather events, such as heat waves and droughts, are taken into account in both global and European policies. Accordingly, the protection of critical infrastructures and in particular, the resilience of the energy sector was the subject of intense research. There are regional differences in the degree to which extreme events affect the energy sector. In Northern Europe, their intensity has increased dramatically within a decade. In our analysis, we identify emerging risks of extreme weather events, in particular, droughts and high temperatures, for the German power sector. Our analysis is based on extensive datasets comprising temperature and drought data for the last 40 years. We find evidence of a higher frequency of power plants outages as a consequence of droughts and high temperatures. We investigate increases in the wholesale electricity price and price volatility and develop a capacity-adjusted drought index. The results are used to assess the monetary loss of power plant outages due to heat waves and droughts. We stress that increasing frequencies of such extreme weather events will aggravate the observed problem, especially with respect to the transition of the power sector.

     

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    hdl: 10419/226315
    Series: CESifo working paper ; no. 8613 (2020)
    Subjects: electricity; utilities; thermal generation; climate change; droughts; weather extremes
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  14. Fuel for the future
    more molecules or deep electrification of Belgium's energy system by 2050
    Published: October 2020
    Publisher:  Federal Planning Bureau, Brussels

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    Series: Working paper / Federal Planning Bureau ; 20, 4
    Subjects: electricity; electricity demand; hydrogen; renewable energy sources; long-term energy projections; energy modelling; energy transition
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  15. A stakeholder analysis of investments for wind power electricity generation in Ontario
    Published: 10-2020
    Publisher:  Department of Economics, Queen's University, Kingston, Ontario, Canada

    This study uses an ex-post evaluation of the grid-connected wind projects in Ontario, Canada, to quantify the stakeholder impacts of such renewable energy projects. Our study includes a financial, economic and stakeholder analysis of these wind... more

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    This study uses an ex-post evaluation of the grid-connected wind projects in Ontario, Canada, to quantify the stakeholder impacts of such renewable energy projects. Our study includes a financial, economic and stakeholder analysis of these wind farms. The analysis sheds light on the distributional impacts that arise when there is a significant gap between the incentives created by the financial price paid for electricity generation and the economic value of the electricity generated. The analysis shows that the negotiated power purchase agreements (PPAs) have resulted in a negative outcome for the economy in all circumstances. It is found that the present value of the economic costs is at least three times the present value of the economic benefits, including the global benefits from the reduced CO2 emissions. This loss is borne by all the stakeholders of the electricity system, except the private owners of the wind farms. The losers are primarily the electricity consumers followed by the governments. The Ontario Electricity Rebate (OER) programme, which is financed by increased government borrowing, has the effect of transferring a large share of the costs incurred to promote investments in wind power to future generations of taxpayers in Ontario.

     

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    hdl: 10419/230595
    Series: Queen's Economics Department working paper ; no. 1442
    Subjects: economic analysis; electricity; Ontario; wind power
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  16. The effects of wind power on electricity markets
    an evaluation using the Swedish electricity market data
    Published: [2020]
    Publisher:  Department of Economics, Umeå University, Umeå, Sweden

    We investigate the process of electricity price formation in the Swedish intraday market, given a large share of wind power in the Swedish electricity system. According to Karanfil and Li’s (2017) approach, if the intraday market is efficient and... more

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    We investigate the process of electricity price formation in the Swedish intraday market, given a large share of wind power in the Swedish electricity system. According to Karanfil and Li’s (2017) approach, if the intraday market is efficient and liquid, with large shares of intermittent electricity in the entire electricity system, the intraday price should send signals based on scarcity pricing for balancing power. Based on this theory, we analyze the Swedish electricity market data for the period 2015–2018 and find that the Swedish intraday market, despite its small trading volumes, is functioning properly. In particular, our results show that intraday price premia respond in an expected way to wind power forecast errors and other imbalances resulting from either supply or demand sides of the electricity market. The results of wind power forecast errors hold for central and southern Sweden, but not for northern Sweden where the share of wind power production is still very small. In addition, we find no effect of unplanned nuclear power plant outages on intraday price premia

     

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    Series: CERE working paper ; 2020, 12
    Subjects: day-ahead market; electricity; forecast errors; intraday market; Sweden; wind power
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  17. Life-cycle characteristics and energy practices in developing countries: the case of Mexico
    Published: [2021]
    Publisher:  DISEI, Università degli Studi di Firenze, Firenze (Italia)

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    Media type: Book
    Format: Online
    Series: Array ; 2021, n. 11
    Subjects: energy consumption; electricity; residential; life-cycle; generation; Mexico
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  18. Fragmented landscape of European policies in the energy sector
    first-mover advantages
    Published: May 2021
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    In order to achieve the commonly agreed emission reduction target, the European Commission developed binding national targets for each member state until 2030 and called upon the member states to submit National Energy and Climate Plans to ensure... more

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    In order to achieve the commonly agreed emission reduction target, the European Commission developed binding national targets for each member state until 2030 and called upon the member states to submit National Energy and Climate Plans to ensure increased transparency for the respective national targets and strategies. An analysis of these plans shows that some of the emission reductions set at the national level prescribe a more ambitious decarbonisation than the EU-wide limits. However, since a transformation to a climate-friendly system requires considerable investment, the question arises as to why some states apparently want to be in the vanguard. We find that countries may have an incentive to outperform other states in the development of a low-carbon electricity system in order to pass on part of the transformation costs to neighbouring countries.

     

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    hdl: 10419/235463
    Series: CESifo working paper ; no. 9093 (2021)
    Subjects: electricity; utilities; thermal generation; unilateral action; climate policy
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  19. Nonlinear mixed effects models for time series forecasting of smart meter demand
    Published: November 2020
    Publisher:  Monash University, Department of Econometrics and Business Statistics, [Victoria, Australia]

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    Series: Working paper / Monash University, Department of Econometrics and Business Statistics ; 20, 41
    Subjects: time series forecasting; mixed-effects models; smart meters; energy; electricity
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  20. Imperfect competition in electricity markets with partially flexible technologies
    Published: March 2021
    Publisher:  Toulouse School of Economics, [Toulouse]

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    Series: Working papers / Toulouse School of Economics ; no 1198
    Subjects: flexibility; electricity; market design; production costs; risk transfer
    Scope: 1 Online-Ressource (circa 32 Seiten)
  21. Does published research influence policy outcomes?
    the case of regulated electricity networks in western Europe
    Published: [2021]
    Publisher:  Ratio, Näringslivets Forskningsinstitut, Stockholm

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    Edition: This version: 7 April 2021
    Series: Ratio working paper ; no. 346
    Subjects: regulation; electricity; research
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  22. How far is China from hitting its climate targets?
    an overview of China’s energy sector
    Published: [2021]
    Publisher:  BOFIT, Helsinki

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    VS 324
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    Other identifier:
    hdl: 123456789/17887
    hdl: 10419/251705
    Series: BOFIT policy brief ; 2021, no. 4
    Subjects: China; energy; oil; natural gas; coal; electricity; renewable energy; production; investment; foreign trade; emissions
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  23. Returns to grid electricity on firewood consumption and mechanism
    Published: [2021]
    Publisher:  Waseda INstitute of Political EConomy, Waseda University, Tokyo, Japan

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    Series: Array ; no. 21, 09 (May 2021)
    Subjects: electricity; firewood; household technology; instrumental variables; electrical appliances
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  24. Performance in CAREC countries
    cross-sectional evidence at the firm level
    Published: [2021]
    Publisher:  Asian Development Bank Institute, Tokyo, Japan

    This study aims to examine the impact of infrastructure on firm performance in nine CAREC countries: Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, and Uzbekistan. Empirical analysis is based on the... more

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    Max-Planck-Institut für ausländisches öffentliches Recht und Völkerrecht, Bibliothek
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    This study aims to examine the impact of infrastructure on firm performance in nine CAREC countries: Afghanistan, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, and Uzbekistan. Empirical analysis is based on the enterprise survey for 2009, 2013, and 2019. Infrastructure is measured by the duration of power outages, electricity expenses as the share of total sales, access to broadband internet and efficiency of customs. Firm performance was measured by total sales, share of utilized capacity, dummy variable if firm exports, and the share of export sales. Results indicate that firm performance measured through sales and capacity utilization is negatively affected by the duration of power outages and electricity expenses. Moreover, access to broadband internet significantly increases the total sales and export sales of small firms, while efficiency of customs increases the exporting activities of medium and large firms. These findings underline that for the development of private sector and international trade in CAREC countries, sustainable access to, and quality of, electricity, telecommunications, and customs efficiency are important objectives for government policy.

     

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    hdl: 10419/238622
    Series: ADBI working paper series ; no. 1265 (May 2021)
    Subjects: central Asia; electricity; telecommunications; infrastructure
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  25. Green energy pricing for digital Europe
    Published: May 2021
    Publisher:  Toulouse School of Economics, [Toulouse]

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    Series: Working papers / Toulouse School of Economics ; no 1209
    Subjects: electricity; dynamic pricing; digitalisation; Artificial Intelligence
    Scope: 1 Online-Ressource (circa 9 Seiten)