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
Keywords
Related Articles
- EP ID EP1769
- DOI -
- Views 540
- Downloads 36
THE EFFECTS OF GLOBALIZATION ON FIRM PERFORMANCE IN EMERGING MARKETS: EVIDENCE FROM EMERGING-7 COUNTRIES
Although there exists a wide array of literature regarding almost every aspect of globalization at macro level, surprisingly, the micro level of the subject area seems to be a little ignored and consequently, almost noth...
ON THE DETERMINANTS OF DERIVATIVE HEDGING BY INSURANCE COMPANIES: EVIDENCE FROM TAIWAN
There has been considerable growth in the derivatives holdings of Taiwanese insurance companies in recent years and this study examines the determinants of derivative use for both life and non-life companies. The determi...
THE MEASUREMENT OF THE RELATIONSHIP BETWEEN TAIWAN’S BOND FUNDS’ NET FLOW AND THE INVESTMENT RISK –THRESHOLD AUTOREGRESSIVE MODEL
This article applies the threshold autoregressive model to investigate the relationship between bond funds? net flow and investment risk in Taiwan. Our empirical findings show that bond funds’ investors are concerned abo...
GROWTH EFFECTS OF HEALTH INPUTS AND OUTCOMES IN SUB-SAHARA AFRICAN COUNTRIES (1995-2011)
The study examined the contribution of health inputs and outcomes to growth process in the Sub-Saharan Africa. Panel data of 30 countries from the sub-region from 1995 to 2011was used in a dynamic Generalized Method of M...
Permanent Income Hypothesis, Myopia and Liquidity Constraints: A Case Study of Pakistan
This paper is an attempt to test the Permanent Income Hypothesis (PIH), Myopia and Liquidity Constraints as a case study for Pakistan. The paper also attempts to find out valid reasoning incase the PIH is rejected. Hall...