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576 results, from 471
  • Diskussionspapiere 821 / 2008

    Theory of Storage: An Empirical Assessment of the European Natural Gas Market

    We analyze the relation between European natural gas storage facilities and price patterns at major trading points, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency of the natural gas market, we apply two indirect tests absent the scarcity of European inventory data. We find that operators of storage facilities realize ...

    2008| Marcus Stronzik, Margarethe Rammerstorfer, Anne Neumann
  • Refereed essays Web of Science

    A Strategic Model of European Gas Supply (GASMOD)

    This paper presents a model of the European natural gas supply, GASMOD, which is structured as a two-stage-game of successive natural gas exports to Europe (upstream market) and wholesale trade within Europe (downstream market) and which explicitly includes infrastructure capacities. We compare three possible market scenarios: Cournot competition in both markets, perfect competition in both markets, ...

    In: Energy Economics 30 (2008), 3, S. 766-788 | Franziska Holz, Christian von Hirschhausen, Claudia Kemfert
  • Diskussionspapiere 845 / 2008

    Representing GASPEC with the World Gas Model

    This paper presents results of simulating a more collusive behavior of a group of natural gas producing and exporting countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production, trade, and consumption between 2005 and 2030. In particular, we simulate a closer cooperation of the GASPEC countries when exporting pipeline gas and liquefied ...

    2008| Ruud Egging, Franziska Holz, Christian von Hirschhausen, Steven A. Gabriel
  • Diskussionspapiere 844 / 2008

    Food Price Inflation and Children's Schooling

    I analyze the impact of food price inflation on parental decisions to send their children to school. Moreover, I use the fact that food crop farmers and cotton farmers were exposed differently to that shock to estimate the income elasticity of school enrolment. The results suggest that the shock-induced loss in purchasing power had an immediate effect on enrolment rates. Instrumental variable estimates ...

    2008| Michael Grimm
  • Other refereed essays

    Carbon Capture and Storage: Settling the German Coal vs. Climate Change Dispute?

    In: International Journal of Environmental Technology and Management 9 (2008), 2/3, S. 176-202 | Corinna Fischer, Barbara Praetorius
  • Nicht-referierte Aufsätze

    Stepping on the Brakes

    In: European Energy Review 1 (2008), 4, S. 19 | Claudia Kemfert
  • Nicht-referierte Aufsätze

    20-20-20 Competitiveness and Conflicts

    In: Journal of Nordregio 8 (2008), 2, S. 26-27 | Claudia Kemfert
  • Refereed essays Web of Science

    A Complementarity Model for the European Natural Gas Market

    In this paper, we present a detailed and comprehensive complementarity model for computing market equilibrium values in the European natural gas system. Market players include producers and their marketing arms which we call "traders", pipeline and storage operators, marketers, LNG liquefiers, regasifiers, tankers, and three end-use consumption sectors. The economic behavior of producers, traders, ...

    In: Energy Policy 36 (2008), 7, S. 2385-2414 | Ruud Egging, Steven A. Gabriel, Franziska Holz, Jifang Zhuang
  • Nicht-referierte Aufsätze

    10 Years of Natural Gas Sector Regulation in Germany - with Special Focus on Self Regulation through Association Agreements ("Verbändevereinbarungen")

    In: Zeitschrift für Energiewirtschaft (2008), 3, S. 171-176 | Georg Meran, Christian von Hirschhausen
  • Refereed essays Web of Science

    Long-Term Contracts and Asset Specificity Revisited: An Empirical Analysis of Producer-Importer Relations in the Natural Gas Industry

    This paper discusses long-term contracts as a particular organizational form situated somewhere between full vertical integration and short-term, market-based trading in the natural gas industry. We focus on the determinants of the duration of contracts under changing technical, economic, and institutional conditions. Using 311 long-term contracts we find that duration decreases as international market ...

    In: Review of Industrial Organization 32 (2008), 2, S. 131-143 | Christian von Hirschhausen, Anne Neumann
576 results, from 471
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