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Showing papers in "Energy Economics in 1992"


Journal ArticleDOI
TL;DR: In this paper, the authors investigated three oligopoly games among the producers and found a continuum of solutions for tacit collusion among producers in the spot market, where the instruments of competition are the supply functions of the producers.

171 citations


Journal ArticleDOI
TL;DR: In this paper, a logically consistent method for decomposing a change in industrial energy consumption into the effects of three factors (structural change, energy intensity and output level) is presented.

132 citations


Journal ArticleDOI
TL;DR: In this article, the authors investigated how German consumer and wholesale prices for gasoline and light heating oil react to changes in the corresponding Rotterdam prices, and they found rapid, symmetric and full adjustment of the German prices to the corresponding Dutch prices, whereas during the 1970s the adjustment processes took considerably more time.

95 citations


Journal ArticleDOI
TL;DR: In this article, a methodology for allocating a nation's total emissions across deliveries to final demand, and decomposing changes in total emissions over time into components attributable to changes in final demand and fuel mix, and changes in technology is presented.

69 citations


Journal ArticleDOI
TL;DR: This paper examined the effects of maturity on future price volatility and trading volume for 129 energy futures contracts recently traded in the NYMEX and provided support for the maturity effect hypothesis, that is, energy futures prices do become more volatile and trading volumes increases as futures contracts approach maturity.

62 citations


Journal ArticleDOI
Diderik Lund1
TL;DR: In this article, a numerical approach is suggested, with a stylized description of production possibilities, for the analysis of how Norwegian petroleum taxes affect company behaviour, and the Norwegian taxes are found to have strong distortionary effects.

58 citations


Journal ArticleDOI
TL;DR: In this paper, the effects of introducing a tax on carbon dioxide emissions produced by combustion processes in OECD-European countries were examined and a sectoral model of energy consumption was constructed to examine energy-saving and inter-fuel substitution effects induced by the introduction of various carbon taxes.

56 citations


Journal ArticleDOI
TL;DR: In this paper, the authors explored the dynamic relationships among several potentially relevant time series variables and developed appropriate models for forecasting and found that the performance of quarterly models may not be as good as that of the monthly ones.

52 citations


Journal ArticleDOI
TL;DR: In this article, it is shown that demand uncertainty may provide a strong incentive to defer the extension of the grid beyond the date that would be optimal under deterministic conditions, in the presence of stochastic demand.

36 citations


Journal ArticleDOI
TL;DR: In this paper, the feasibility and efficiency arguments of an international and a national carbon tax are analysed and it is argued that an internationally organized carbon tax can be a good instrument for implementing an international CO2 abatement strategy.

30 citations


Journal ArticleDOI
TL;DR: A new approach for modelling residential energy demand is presented and an application for the Cyclades region is presented with a number of suggestions for further research.

Journal ArticleDOI
TL;DR: In this article, the main factors influencing changes in energy consumption, i.e., production volume, production structure, and energy intensity, have been studied and a number of methods to quantify these factors have been suggested.

Journal ArticleDOI
TL;DR: In this article, the authors examined energy and labour productivity in Australia using the notion of vertical integration in an input-output framework and found that the productivity slowdown was pronounced in the natural resource sectors, agriculture, food products, and minerals.

Journal ArticleDOI
TL;DR: In this paper, the authors investigated the impact of energy on productivity and found that the disaggregated energy component was a major influence in explaining the productivity decline in the 1970s and 1980s.

Journal ArticleDOI
TL;DR: In this paper, the consequences of the introduction of a carbon tax for the Belgian economy are evaluated and the results suggest that the tax alone is not sufficient to meet the international requirements as far as a stabilization of CO 2 emissions is required.

Journal ArticleDOI
TL;DR: In this article, a generalized logit model of demand and a money metric approximation to the Hicksian equivalent variation (HEV) based on observable demand functions is proposed. But this model is restricted to the case where MCS is misleading.

Journal ArticleDOI
TL;DR: In this article, a computer-based decision support system (DSS) for evaluating quality of life (QOL) improvement in general, and technological and environmental impacts of energy planning and consumption in particular, is described.

Journal ArticleDOI
TL;DR: In this article, the relationship between US nuclear plant performance and age in the post-TMI era was examined and significant differences across technologies and over time were observed. But, age-related improvements were once thought to hold the promise of improved reliability and associated unit cost reductions, but the analysis of more recent data suggests this is not to be.

Journal ArticleDOI
TL;DR: For example, there have been nine years since 1947 when US crude oil prices increased by 5% or more on a year-to-year basis and the Commerce Department's revised index of 11 leading economic indicators declined by at least 1% on a December to December basis as mentioned in this paper.

Journal ArticleDOI
TL;DR: In this article, the authors focus on analyzing the behavior of monthly peak demand in Greece for the period January 1970-December 1988 and produce a rather simple forecasting model that captures the identified features of the data pattern.

Journal ArticleDOI
TL;DR: The authors examines OPEC's long-lived mechanism which targets the oil price and adjusts the quality ceiling to meet the target, and offers a convergence strategy that speeds up the achievement of targeted revenues under OPEC's current mechanism.

Book ChapterDOI
TL;DR: In this paper, the authors focus on the constraints of fossil fuel production and the accumulation of atmospheric CO2 having a negative impact on production and productivity, as pursued in the more general context of Chapter 7.

Journal ArticleDOI
TL;DR: In this article, the authors present an end-use approach to the analysis of reliability investments, and suggest that from an economic efficiency perspective, society might prefer a greater emphasis on customer-side reliability investments.

Journal ArticleDOI
TL;DR: In this article, the relative comparative advantage of an energy producing developing country (Indonesia) and a non-energy producing developed country (Japan) was examined, focusing on energy prices.

Journal ArticleDOI
TL;DR: In this paper, the authors suggest that waste-to-energy projects do not fit easily with the business priorities of major suppliers of funds and that the projects must be reworked so that a more favorable opportunity can be offered to potential funders.

Journal ArticleDOI
TL;DR: In this article, the authors present an overview of the CANREM simulation model, including a description of its main components and their interrelationships, and illustrate the applicability by presenting the results of two simulations conducted to analyse the Hydro-Quebec development plan of March 1989.

Journal ArticleDOI
TL;DR: In this article, a simple emulator of a decision support model based on a regression analysis of numerous scenarios, and validated by further simulations is shown to be feasible and potentially attractive for the Hinkley Point C public enquiry for a new nuclear power plant.

Journal ArticleDOI
TL;DR: In this paper, the authors extended the probabilistic production costing for electric utilities to the case of an integrated operations agreement, and combined the results with a financial model of publicly owned utilities.

Journal ArticleDOI
TL;DR: In this article, a three-region, three-commodity general equilibrium model is constructed to explore the impact of OPEC's pricing policies on major macro variables of importer economies.

Journal ArticleDOI
TL;DR: In this paper, the conditions for sustained economic growth with limited natural resource are presented for realistic values of the macroeconomic parameters, in the case of energy resources these conditions are shown to be satisfied.