Short Term Relationships between European Electricity Markets
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 2
Abstract
This paper investigates the short term relationship between the three major European electricity markets: France, Germany and Italy. Using a multivariate analysis, we study the impact of each electricity price changes in one country on the electricity price of the others two countries. Empirical results show that there is a positive impact of common reforms in Europe. Indeed, there is an interdependence of electricity prices especially between Germany and Italy.
Authors and Affiliations
Rafik Jbir| Université de Gabès, BP 100, ISG Gabès, rue Jilani Al Habib, 6000, Gabès, Tunisie, Lanouar Charfeddine| Université de Gabès, BP 75, ISG Gabès, rue Jilani Al Habib, 6000, Gabès, Tunisie
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