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412 results, from 281
  • Externe Monographien

    The EU’s 2030 Climate and Energy Framework and Energy Security

    London: Climate Strategies, 2014, 32 S. | Oliver Sartor, Thomas Spencer, Istvan Bart, Pierre-Emanuel Julia, Aleksandra Gawlikowska-Fyk, Karsten Neuhoff, Sophia Rüster, Adrienn Selei, Aleksander Szpor, Borbala Toth, Andreas Tuerk
  • Diskussionspapiere 1418 / 2014

    FTR Allocations to Ease Transition to Nodal Pricing: An Application to the German Power System

    A shift from zonal pricing to smaller zones and nodal pricing improves efficiency and security of system operation. Resulting price changes do however also shift profits and surplus between and across generation and load. As individual actorscan lose, they might oppose any reform. We explore how free allocation of financial transmission rights to generation and load can be used to mitigate the distributional ...

    2014| Friedrich Kunz, Karsten Neuhoff, Juan Rosellón
  • Diskussionspapiere 1391 / 2014

    Similar Challenges - Different Responses: Housing Policy in Germany and Russia between the Two World Wars

    The World War I played a key role in shaping modern housing policy. While in the pre-War time virtually no housing policy existed, the beginning of hostilities led to an almost immediate and comprehensive state intervention in the housing market, particularly among those engaged in the war. Despite initially similar conditions and challenges induced by the war, housing policy was carried out in different ...

    2014| Konstantin A. Kholodilin, Mark G. Meerovich
  • Refereed essays Web of Science

    The Welfare Impact of Parallel Imports: A Structural Approach Applied to the German Market for Oral Anti-Diabetics

    We investigate the welfare impact of parallel imports using a large panel dataset containing monthly information on sales, ex-factory prices, and further product characteristics for all 649 anti-diabetic drugs sold in Germany between 2004 and 2010. We estimate a two-stage nested logit model of demand, and on the basis of an oligopolistic model of multi-product firms, we then recover the marginal costs ...

    In: Health Economics 23 (2014), 9, S. 1036-1057 | Tomaso Duso, Annika Herr, Moritz Suppliet
  • Diskussionspapiere 1380 / 2014

    Network Expansion to Mitigate Market Power: How Increased Integration Fosters Welfare

    Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage model for grid investment: a benevolent planner decides on network upgrades, considering welfare benefits ...

    2014| Alexander Zerrahn, Daniel Huppmann
  • Diskussionspapiere 1379 / 2014

    National-Strategic Investment in European Power Transmission Capacity

    The transformation of the European energy system requires substantial investment in transmission capacity to facilitate cross-border trade and to efficiently integrate renewable energy sources. However, network planning in the EU is still mainly a national prerogative. In contrast to other studies aiming to identify the pan-European (continental) welfare-optimal transmission expansion, we investigate ...

    2014| Daniel Huppmann, Jonas Egerer
  • Diskussionspapiere 1372 / 2014

    Elasticities of Supply for the US Natural Gas Market

    In this paper we investigate natural gas producer's reactions to changes in market prices. We estimate price elasticities of aggregated supply in the most competitive market for natural gas: the United States. Using monthly time series data form 1987 to 2012 our analysis is based on an Autoregressive Distributed Lag (ARDL) Bound Cointegration approach to obtain short and long-run elasticities of natural ...

    2014| Micaela Ponce, Anne Neumann
  • Diskussionspapiere 1373 / 2014

    The Welfare Impact of Parallel Imports: A Structural Approach Applied to the German Market for Oral Anti-Diabetics

    We investigate the welfare impact of parallel imports using a large panel data set containing monthly information on sales, ex-factory prices, and further product characteristics for all 700 anti-diabetic drugs sold in Germany between 2004 and 2010. We estimate a two-stage nested logit model of demand and, based on an oligopolistic model of multiproduct firms, we then recover the marginal costs and ...

    2014| Tomaso Duso, Annika Herr, Moritz Suppliet
  • Refereed essays Web of Science

    Noise Expectations and House Prices: The Reaction of Property Prices to an Airport Expansion

    We examine the effects of an airport expansion on the prices of houses and apartments located under the planned flight paths. We focus on the role of expectations of aircraft noise during the expansion of Berlin-Brandenburg International Airport. The publication of the flight paths can be seen as an exogenous event. It provides local residents and potential home buyers with reliable information in ...

    In: The Annals of Regional Science 52 (2014), 3, 763-797 | Konstantin A. Kholodilin, Andreas Mense
  • Diskussionspapiere 1370 / 2014

    Market Power, Fuel Substitution and Infrastructure: A Large-Scale Equilibrium Model of Global Energy Markets

    Assessing and quantifying the impacts of technological, economic, and policy shifts in the global energy system requires large-scale numerical models. We propose a dynamic multi-fuel market equilibrium model that combines endogenous fuel substitution within demand sectors and in power generation, detailed infrastructure capacity constraints and investment, as well as strategic behaviour and market ...

    2014| Daniel Huppmann, Ruud Egging
412 results, from 281
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