EconPapers    
Economics at your fingertips  
 

Market Efficiency and Market Power in Vietnam Competitive Generation Market

Tran Dang Khoa
Additional contact information
Tran Dang Khoa: School of Management – Asian Institute of Technology, Thailand

International Journal of Energy Economics and Policy, 2018, vol. 8, issue 1, 181-189

Abstract: Market efficiency and market power are two major aspects in studying any type of market. Most of researches concentrated on either market power or market inefficiency rather than two in combination. In this study, the Vietnam Competitive Generation Market (VCGM) which has been operated from 2012 as a platform for day ahead competitive trading of electricity in Vietnam is analyzed for market efficiency and market power analysis to determine market performance. From empirical testing, evidence of market inefficiency is found. In addition, market power is also revealed by studying of the bidding behaviour of the biggest generating company.

Keywords: Market Efficiency; Market Power; Vietnam Competitive Generation Market (search for similar items in EconPapers)
JEL-codes: Q4 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/5828/3520 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/5828/3520 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2018-01-22

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().

 
Page updated 2018-03-31
Handle: RePEc:eco:journ2:2018-01-22