Energy Economics

1979 - 2025

Continuation of Journal of Energy Finance & Development.

Current editor(s): R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

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Volume 35, issue C, 2013

A stochastic fuel switching model for electricity prices pp. 5-13

Georg Zachmann

Free EUAs and fuel switching pp. 14-21

Paolo Falbo, Daniele Felletti and Silvana Stefani

The case of negative day-ahead electricity prices pp. 22-34

Enzo Fanone, Andrea Gamba and Marcel Prokopczuk

A Mixed Integer Linear Programming model of a zonal electricity market with a dominant producer pp. 35-41

Maria Teresa Vespucci, Mario Innorta and Guido Cervigni

Exogenous oil shocks, fiscal policies and sector reallocations in oil producing countries pp. 42-57

Alessandro Cologni and Matteo Manera

Modeling and valuing make-up clauses in gas swing contracts pp. 58-73

Enrico Edoli, Stefano Fiorenzani, Samuele Ravelli and Tiziano Vargiolu

Combining day-ahead forecasts for British electricity prices pp. 88-103

Silvano Bordignon, Derek W. Bunn, Francesco Lisi and Fany Nan

Volume 34, issue S3, 2012

The role of Asia in mitigating climate change: Results from the Asia modeling exercise pp. S251-S260

Katherine Calvin, Leon Clarke, Volker Krey, Geoffrey Blanford, Kejun Jiang, Mikiko Kainuma, Elmar Kriegler, Gunnar Luderer and P.R. Shukla

What are the starting points? Evaluating base-year assumptions in the Asian Modeling Exercise pp. S261-S271

Vaibhav Chaturvedi, Stephanie Waldhoff, Leon Clarke and Shinichiro Fujimori

Urban and rural energy use and carbon dioxide emissions in Asia pp. S272-S283

Volker Krey, Brian C. O'Neill, Bas van Ruijven, Vaibhav Chaturvedi, Vassilis Daioglou, Jiyong Eom, Leiwen Jiang, Yu Nagai, Shonali Pachauri and Xiaolin Ren

Baseline projections of energy and emissions in Asia pp. S284-S292

Geoffrey J. Blanford, Steven K. Rose and Massimo Tavoni

Regional energy system variation in global models: Results from the Asian Modeling Exercise scenarios pp. S293-S305

Leon Clarke, Volker Krey, John Weyant and Vaibhav Chaturvedi

Comparing model results to national climate policy goals: Results from the Asia modeling exercise pp. S306-S315

Katherine Calvin, Allen Fawcett and Jiang Kejun

Framing and modeling of a low carbon society: An overview pp. S316-S324

Mikiko Kainuma, Priyadarshi R. Shukla and Kejun Jiang

Exploring the future role of Asia utilizing a Scenario Matrix Architecture and Shared Socio-economic Pathways pp. S325-S338

Jiyong Eom, Kate Calvin, Leon Clarke, Jae Edmonds, Sonny Kim, Robert Kopp, Page Kyle, Patrick Luckow, Richard Moss, Pralit Patel and Marshall Wise

The effect of urbanization on energy use in India and China in the iPETS model pp. S339-S345

Brian C. O'Neill, Xiaolin Ren, Leiwen Jiang and Michael Dalton

GHG emission scenarios in Asia and the world: The key technologies for significant reduction pp. S346-S358

Osamu Akashi, Yasuaki Hijioka, Toshihiko Masui, Tatsuya Hanaoka and Mikiko Kainuma

Decomposing the impact of alternative technology sets on future carbon emissions growth pp. S359-S365

Karen Fisher-Vanden, Kathryn Schu, Ian Sue Wing and Katherine Calvin

Climate mitigation under an uncertain technology future: A TIAM-World analysis pp. S366-S377

Maryse Labriet, Amit Kanudia and Richard Loulou

Asia's role in mitigating climate change: A technology and sector specific analysis with ReMIND-R pp. S378-S390

Gunnar Luderer, Robert C. Pietzcker, Elmar Kriegler, Markus Haller and Nico Bauer

Assessment of GHG emission reduction pathways in a society without carbon capture and nuclear technologies pp. S391-S398

Azusa Okagawa, Toshihiko Masui, Osamu Akashi, Yasuaki Hijioka, Kenichi Matsumoto and Mikiko Kainuma

Development and deployment of clean electricity technologies in Asia: A multi-scenario analysis using GTEM pp. S399-S409

Raymond Mi, Helal Ahammad, Nina Hitchins and Edwina Heyhoe

The impact of residential, commercial, and transport energy demand uncertainties in Asia on climate change mitigation pp. S410-S420

Tiina Koljonen and Antti Lehtilä

An assessment of the potentials of nuclear power and carbon capture and storage in the long-term global warming mitigation options based on Asian Modeling Exercise scenarios pp. S421-S428

Shunsuke Mori

The benefit from reduced energy import bills and the importance of energy prices in GHG reduction scenarios pp. S429-S435

Paul Dowling and Peter Russ

A developing Asia emission trading scheme (Asia ETS) pp. S436-S443

Emanuele Massetti and Massimo Tavoni

The role of China in mitigating climate change pp. S444-S450

Sergey Paltsev, Jennifer Morris, Yongxia Cai, Valerie Karplus and Henry Jacoby

Economic analysis of a low carbon path to 2050: A case for China, India and Japan pp. S451-S458

Bert Saveyn, Leonidas Paroussos and Juan-Carlos Ciscar

Implications of greenhouse gas emission mitigation scenarios for the main Asian regions pp. S459-S469

Bas van Ruijven, Detlef P. van Vuuren, Jasper van Vliet, Angelica Mendoza Beltran, Sebastiaan Deetman and Michel G.J. den Elzen

Synergies in the Asian energy system: Climate change, energy security, energy access and air pollution pp. S470-S480

Oscar van Vliet, Volker Krey, David McCollum, Shonali Pachauri, Yu Nagai, Shilpa Rao and Keywan Riahi

Assessment of Copenhagen pledges with long-term implications pp. S481-S486

Kenichi Wada, Fuminori Sano, Keigo Akimoto and Takashi Homma

Low carbon and clean energy scenarios for India: Analysis of targets approach pp. S487-S495

Priyadarshi R. Shukla and Vaibhav Chaturvedi

Combining carbon tax and R&D subsidy for climate change mitigation pp. S496-S502

Jong-Soo Lim and Yong-Gun Kim

Benefits of low carbon development in a developing country: Case of Nepal pp. S503-S512

Ram M. Shrestha and Shree Raj Shakya

Volume 34, issue S2, 2012

The role of border carbon adjustment in unilateral climate policy: Overview of an Energy Modeling Forum study (EMF 29) pp. S97-S110

Christoph Böhringer, Edward Balistreri and Thomas F. Rutherford

Estimating carbon leakage and the efficiency of border adjustments in general equilibrium — Does sectoral aggregation matter? pp. S111-S126

Justin Caron

The value-added of sectoral disaggregation: Implications on competitive consequences of climate change policies pp. S127-S142

Victoria Alexeeva-Talebi, Christoph Böhringer, Andreas Löschel and Sebastian Voigt

Alternative designs for tariffs on embodied carbon: A global cost-effectiveness analysis pp. S143-S153

Christoph Böhringer, Brita Bye, Taran Fæhn and Knut Einar Rosendahl

Border tax adjustments in the climate policy context: CO2 versus broad-based GHG emission targeting pp. S154-S167

Madanmohan Ghosh, Deming Luo, Muhammad Shahid Siddiqui and Yunfa Zhu

The relevance of process emissions for carbon leakage: A comparison of unilateral climate policy options with and without border carbon adjustment pp. S168-S180

Birgit Bednar-Friedl, Thomas Schinko and Karl W. Steininger

Fossil fuel supply, leakage and the effectiveness of border measures in climate policy pp. S181-S189

Stefan Boeters and Johannes Bollen

Subglobal carbon policy and the competitive selection of heterogeneous firms pp. S190-S197

Edward Balistreri and Thomas F. Rutherford

Fair, optimal or detrimental? Environmental vs. strategic use of border carbon adjustment pp. S198-S207

Matthias Weitzel, Michael Hübler and Sonja Peterson

Unilateral climate policy design: Efficiency and equity implications of alternative instruments to reduce carbon leakage pp. S208-S217

Christoph Böhringer, Jared Carbone and Thomas F. Rutherford

Climate policy and fiscal constraints: Do tax interactions outweigh carbon leakage? pp. S218-S227

Carolyn Fischer and Alan Fox

A look inwards: Carbon tariffs versus internal improvements in emissions-trading systems pp. S228-S239

Marco Springmann

Alternative approaches for levelling carbon prices in a world with fragmented carbon markets pp. S240-S250

Elisa Lanzi, Jean Chateau and Rob Dellink

Volume 34, issue S1, 2012

From “Green Growth” to sound policies: An overview pp. S2-S6

Richard Schmalensee

Energy and technology lessons since Rio pp. S7-S14

James Edmonds, Katherine Calvin, Leon Clarke, Page Kyle and Marshall Wise

Investments and public finance in a green, low carbon, economy pp. S15-S28

Carlo Carraro, Alice Favero and Emanuele Massetti

Financing for climate change pp. S29-S33

Richard N. Cooper

Clean energy: Revisiting the challenges of industrial policy pp. S34-S42

Adele C. Morris, Pietro S. Nivola and Charles L. Schultze

The elusive and expensive green job pp. S43-S52

Diana Furchtgott-Roth

The potential role of carbon labeling in a green economy pp. S53-S63

Mark Cohen and Michael P. Vandenbergh

Reducing greenhouse gas emissions through operations and supply chain management pp. S64-S74

Erica L. Plambeck

Greening Africa? Technologies, endowments and the latecomer effect pp. S75-S84

Paul Collier and Anthony Venables

Green growth and the efficient use of natural resources pp. S85-S93

John Reilly

Volume 34, issue 6, 2012

Ex post analysis of economic impacts from wind power development in U.S. counties pp. 1743-1754

Jason Brown, John Pender, Ryan Wiser, Eric Lantz and Ben Hoen

Testing and estimating time-varying elasticities of Swiss gasoline demand pp. 1755-1762

David Neto

Evaluating the relative strength of product-specific factors in fuel switching and stove choice decisions in Ethiopia. A discrete choice model of household preferences for clean cooking alternatives pp. 1763-1773

Takeshi Takama, Stanzin Tsephel and Francis X. Johnson

Why do electricity prices jump? Empirical evidence from the Nordic electricity market pp. 1774-1781

Jörgen Hellström, Jens Lundgren and Haishan Yu

Retesting the causality between energy consumption and GDP in China: Evidence from sectoral and regional analyses using dynamic panel data pp. 1782-1789

Chuanguo Zhang and Jiao Xu

Internal, external and location factors influencing cofiring of biomass with coal in the U.S. northern region pp. 1790-1798

Francisco Aguilar, Michael E. Goerndt, Nianfu Song and Stephen Shifley

The effect of the financial sector on the evolution of oil prices: Analysis of the contribution of the futures market to the price discovery process in the WTI spot market pp. 1799-1808

Renan Silvério and Alexandre Szklo

Realized volatility and price spikes in electricity markets: The importance of observation frequency pp. 1809-1818

Carl J. Ullrich

The importance of energy quality in energy intensive manufacturing: Evidence from panel cointegration and panel FMOLS pp. 1819-1825

Brantley Liddle

Forecasting spot price volatility using the short-term forward curve pp. 1826-1833

Erik Haugom and Carl J. Ullrich

The changing demand for energy in rich and poor countries over 25years pp. 1834-1844

James L. Seale and Alexis A. Solano

The case for repeatable analysis with energy economy optimization models pp. 1845-1853

Joseph F. DeCarolis, Kevin Hunter and Sarat Sreepathi

DEA environmental assessment of coal fired power plants: Methodological comparison between radial and non-radial models pp. 1854-1863

Toshiyuki Sueyoshi and Mika Goto

Income inequality and carbon dioxide emissions: The case of Chinese urban households pp. 1864-1872

Jane Golley and Xin Meng

Cost probability analysis of reprocessing spent nuclear fuel in the US pp. 1873-1881

G.D. Recktenwald and M.R. Deinert

Cross-country convergence in energy and electricity consumption, 1971–2007 pp. 1882-1887

Hassan Mohammadi and Rati Ram

Oil shocks and their impact on energy related stocks in China pp. 1888-1895

David Broadstock, Hong Cao and Dayong Zhang

On the volatility–volume relationship in energy futures markets using intraday data pp. 1896-1909

Julien Chevallier and Benoît Sévi

Structural change and convergence of energy intensity across OECD countries, 1970–2005 pp. 1910-1921

Peter Mulder and Henri de Groot

Biofuels and economic development: A computable general equilibrium analysis for Tanzania pp. 1922-1930

Channing Arndt, Karl Pauw and James Thurlow

Market efficiency and risk premia in short-term forward prices pp. 1931-1941

Erik Haugom and Carl J. Ullrich

Renewable and non-renewable energy consumption and economic growth relationship revisited: Evidence from G7 countries pp. 1942-1950

Can Tugcu, Ilhan Ozturk and Alper Aslan

Oil prices and stock market in China: A sector analysis using panel cointegration with multiple breaks pp. 1951-1958

Su-Fang Li, Hui-Ming Zhu and Keming Yu

Ancillary services in systems with high penetrations of renewable energy sources, the case of ramping pp. 1959-1971

Alberto Lamadrid and Tim Mount

Household energy choices and fuelwood consumption: An econometric approach using French data pp. 1972-1981

Stéphane Couture, Serge Garcia and Arnaud Reynaud

The challenging economics of energy security: Ensuring energy benefits in support to sustainable development pp. 1982-1989

Helcio Blum and Luiz F.L. Legey

Asymmetric adjustments in the ethanol and grains markets pp. 1990-2002

Chia-Lin Chang, Li-Hsueh Chen, Shawkat Hammoudeh and Michael McAleer

Pass-through of wholesale price to the end user retail price in the Norwegian electricity market pp. 2003-2012

Faisal Mirza and Olvar Bergland

Prices or politics? The influence of markets and political party changes on oil and gas development in the United States pp. 2013-2020

Karen Maguire

Considering macroeconomic indicators in the food before fuel nexus pp. 2021-2028

Cheng Qiu, Gregory Colson, Cesar Escalante and Michael Wetzstein

The effect of the Fukushima nuclear accident on stock prices of electric power utilities in Japan pp. 2029-2038

Shingo Kawashima and Fumiko Takeda

The impact of regulation on pricing behavior in the Spanish electricity market (2002–2005) pp. 2039-2045

Aitor Ciarreta Antuñano and Maria Paz Espinosa

Strategic bidding in vertically integrated power markets with an application to the Italian electricity auctions pp. 2046-2057

Bruno Bosco, Lucia Parisio and Matteo Pelagatti

Price and volatility dynamics between electricity and fuel costs: Some evidence for Spain pp. 2058-2065

Dolores Furió and Helena Chuliá

Testing for price response asymmetries in the Spanish fuel market. New evidence from daily data pp. 2066-2071

Jacint Balaguer and Jordi Ripollés

Is it in China's interest to implement an export carbon tax? pp. 2072-2080

Ji Feng Li, Xin Wang and Ya Xiong Zhang

Towards a low-carbon economy: Coping with technological bifurcations with a carbon tax pp. 2081-2088

Chunjie Chi, Tieju Ma and Bing Zhu

The economics of planning electricity transmission to accommodate renewables: Using two-stage optimisation to evaluate flexibility and the cost of disregarding uncertainty pp. 2089-2101

Adriaan van der Weijde and Benjamin F. Hobbs

Distributional effects of carbon taxes: The case of Mexico pp. 2102-2115

Fidel Gonzalez

Analysis of U.S. residential wood energy consumption: 1967–2009 pp. 2116-2124

Nianfu Song, Francisco Aguilar, Stephen R. Shifley and Michael E. Goerndt

Volatility transmission and volatility impulse response functions in crude oil markets pp. 2125-2134

Xiaoye Jin, Sharon Xiaowen Lin and Michael Tamvakis

The role of the trade channel in the propagation of oil supply shocks pp. 2135-2147

Alessandro Maravalle

Threshold cointegration and nonlinear adjustment between CO2 and income: The Environmental Kuznets Curve in Spain, 1857–2007 pp. 2148-2156

Vicente Esteve and Cecilio Tamarit

How market efficiency and the theory of storage link corn and ethanol markets pp. 2157-2166

Mindy Mallory, Scott Irwin and Dermot Hayes

Forecasting energy market volatility using GARCH models: Can multivariate models beat univariate models? pp. 2167-2181

Yudong Wang and Chongfeng Wu

Cointegration and causal relationships between energy consumption and output: Assessing the evidence from Australia pp. 2182-2188

Md Shahiduzzaman and Khorshed Alam

Stochastic semi-nonparametric frontier estimation of electricity distribution networks: Application of the StoNED method in the Finnish regulatory model pp. 2189-2199

Timo Kuosmanen

Modeling international trends in energy efficiency pp. 2200-2208

David Stern

Energy efficiency policy in a non-cooperative world pp. 2209-2215

Philippe Barla and Stef Proost

Managing the financial risks of electricity producers using options pp. 2216-2227

S. Pineda and A.J. Conejo

Forecasting Italian electricity zonal prices with exogenous variables pp. 2228-2239

Angelica Gianfreda and Luigi Grossi

Returns to scale and damages to scale on U.S. fossil fuel power plants: Radial and non-radial approaches for DEA environmental assessment pp. 2240-2259

Toshiyuki Sueyoshi and Mika Goto

Volume 34, issue 5, 2012

Gas release and transport capacity investment as instruments to foster competition in gas markets pp. 1251-1258

Corinne Chaton, Farid Gasmi, Marie-Laure Guillerminet and Juan-Daniel Oviedo

Inter-technology knowledge spillovers for energy technologies pp. 1259-1270

Gregory Nemet

Homeowners' preferences for adopting innovative residential heating systems: A discrete choice analysis for Germany pp. 1271-1283

Carl Michelsen and Reinhard Madlener

Oil price movements and stock markets revisited: A case of sector stock price indexes in the G-7 countries pp. 1284-1300

Bi-Juan Lee, Chin Wei Yang and Bwo-Nung Huang

Cross hedging jet-fuel price exposure pp. 1301-1309

Zeno Adams and Mathias Gerner

A characterization of oil price behavior — Evidence from jump models pp. 1310-1317

Marc Gronwald

The cost of providing electricity to Africa pp. 1318-1328

Orvika Rosnes and Haakon Vennemo

Pricing emission permits in the absence of abatement pp. 1329-1340

Beat Hintermann

Liquidity and dirty hedging in the Nordic electricity market pp. 1341-1355

Dennis Frestad

Evaluating the application of different pricing regimes and low carbon investments in the European electricity market pp. 1356-1369

Giorgia Oggioni and Yves Smeers

Oil price shocks and transportation firm asset prices pp. 1370-1379

Raj Aggarwal, Aigbe Akhigbe and Sunil K. Mohanty

Correlations between biofuels and related commodities before and during the food crisis: A taxonomy perspective pp. 1380-1391

Ladislav Krištoufek, Karel Janda and David Zilberman

Decomposition of the environmental inefficiency of the meta-frontier with undesirable output pp. 1392-1399

Ching-Ren Chiu, Je-Liang Liou, Pei-Ing Wu and Chen-Ling Fang

The effect of ethanol listing on corn prices: Evidence from spot and futures markets pp. 1400-1406

Riza Demirer, Ali Kutan and Fanglin Shen

Global warming and electricity demand in the rapidly growing city of Delhi: A semi-parametric variable coefficient approach pp. 1407-1421

Eshita Gupta

Returns to Scale and Damages to Scale with Strong Complementary Slackness Conditions in DEA Assessment: Japanese Corporate Effort on Environment Protection pp. 1422-1434

Toshiyuki Sueyoshi and Mika Goto

Measuring contagion between energy market and stock market during financial crisis: A copula approach pp. 1435-1446

Xiaoqian Wen, Yu Wei and Dengshi Huang

Jump spillovers in energy futures markets: Implications for diversification benefits pp. 1447-1464

Qingfu Liu and Anthony H. Tu

The Arctic: No big bonanza for the global petroleum industry pp. 1465-1474

Lars Lindholt and Solveig Glomsrød

Accounting for household heterogeneity in general equilibrium economic growth models pp. 1475-1483

N.B. Melnikov, B.C. O'Neill and M.G. Dalton

US residential energy demand and energy efficiency: A stochastic demand frontier approach pp. 1484-1491

Massimo Filippini and Lester C. Hunt

Technical efficiency, shadow price of carbon dioxide emissions, and substitutability for energy in the Chinese manufacturing industries pp. 1492-1497

Myunghun Lee and Ning Zhang

Estimating the marginal cost of quality improvements: The case of the UK electricity distribution companies pp. 1498-1506

Tooraj Jamasb, Luis Orea and Michael Pollitt

Non-parametric and parametric modeling of biodiesel, sunflower oil, and crude oil price relationships pp. 1507-1513

Islam Hassouneh, Teresa Serra, Barry Goodwin and José M. Gil

Rising household diesel consumption in the United States: A cause for concern? Evidence on asymmetric pricing pp. 1514-1522

Jack Fosten

Stochastic carbon sinks for combating carbon dioxide emissions in the EU pp. 1523-1531

Ing-Marie Gren, Mattias Carlsson, Katarina Elofsson and Miriam Munnich

Cross-country differences in the effects of oil shocks pp. 1532-1547

Gert Peersman and Ine Van Robays

Energy substitutability and modernization of energy-consuming technologies pp. 1548-1556

Natali Hritonenko and Yuri Yatsenko

Efficiency, productivity and environmental policy: A case study of power generation in the EU pp. 1557-1568

Jūratė Jaraite-Kažukauskė and Corrado Di Maria

The impact of geologic variability on capacity and cost estimates for storing CO2 in deep-saline aquifers pp. 1569-1579

Jordan K. Eccles, Lincoln Pratson, Richard Newell and Robert B. Jackson

The effects of a natural gas boom on employment and income in Colorado, Texas, and Wyoming pp. 1580-1588

Jeremy Weber

A critical empirical study of three electricity spot price models pp. 1589-1616

Fred Espen Benth, Rüdiger Kiesel and Anna Nazarova

Population density and efficiency in energy consumption: An empirical analysis of service establishments pp. 1617-1622

Masayuki Morikawa

Biofuel supply chain design under competitive agricultural land use and feedstock market equilibrium pp. 1623-1633

Yun Bai, Yanfeng Ouyang and Jong-Shi Pang

Reverse globalization: Does high oil price volatility discourage international trade? pp. 1634-1643

Shiu-Sheng Chen and Kai-Wei Hsu

Optimal transmission regulation of an integrated energy market pp. 1644-1655

Thomas Tangerås

OPEC news announcements: Effects on oil price expectation and volatility pp. 1656-1663

Harald Schmidbauer and Angi Rösch

Valuing fuel diversification in power generation capacity planning pp. 1664-1674

Malte Sunderkötter and Christoph Weber

Reforming the power sector in transition: Do institutions matter? pp. 1675-1682

Rabindra Nepal and Tooraj Jamasb

Causality between market liquidity and depth for energy and grains pp. 1683-1692

Ramazan Sari, Shawkat Hammoudeh, Chia-Lin Chang and Michael McAleer

Residential electricity consumption in Seattle pp. 1693-1699

Thomas Fullerton, David A. Juarez and Adam G. Walke

Model based Monte Carlo pricing of energy and temperature Quanto options pp. 1700-1712

Massimiliano Caporin, Juliusz Preś and Hipolit Torro

Rational habits in gasoline demand pp. 1713-1723

K. Rebecca Scott

International comparison of industrial CO2 emission trends and the energy efficiency paradox utilizing production-based decomposition pp. 1724-1741

Kyunam Kim and Yeonbae Kim

Volume 34, issue 4, 2012

Energy consumption-GDP nexus: Heterogeneous panel causality analysis pp. 865-873

K. Ali Akkemik and Koray Göksal

Agent-based analysis of the impact of the imbalance pricing mechanism on market behavior in electricity balancing markets pp. 874-881

Reinier A.C. van der Veen, Alireza Abbasy and Rudi A. Hakvoort

Exploring renewable energy pricing with analytic network process — Comparing a developed and a developing economy pp. 882-891

Ibrahim Iskin, Tugrul Daim, Gulgun Kayakutlu and Mehmet Altuntas

Electricity Futures Prices: Indirect Storability, Expectations, and Risk Premiums pp. 892-898

Ronald Huisman and Mehtap Kilic

Modeling extreme dependence between European electricity markets pp. 899-904

Erik Lindström and Fredrik Regland

Returns to Scale, Damages to Scale, Marginal Rate of Transformation and Rate of Substitution in DEA Environmental Assessment pp. 905-917

Toshiyuki Sueyoshi and Mika Goto

Transportation and storage under a dynamic price cap regulation process pp. 918-929

Michèle Breton and Mohammed Kharbach

Is energy intensity important for the productivity growth of EET adopters? pp. 930-941

Kostantinos Kounetas, Ioannis Mourtos and Kostas Tsekouras

Edgeworth Price Cycles and intertemporal price discrimination pp. 942-954

Michael Noel

Market power analysis for oil pipelines facing excess demand pp. 955-960

David W. Savitski

Natural gas demand at the utility level: An application of dynamic elasticities pp. 961-969

Leila Dagher

Contract theory and implications for perennial energy crop contracting pp. 970-979

Corinne Alexander, Rastislav Ivanic, Stephanie Rosch, Wallace Tyner, Steven Y. Wu and Joshua R. Yoder

Where does energy R&D come from? Examining crowding out from energy R&D pp. 980-991

David Popp and Richard Newell

Implementing the EU renewable target through green certificate markets pp. 992-1000

Finn Roar Aune, Hanne Marit Dalen and Cathrine Hagem

The price of policy risk — Empirical insights from choice experiments with European photovoltaic project developers pp. 1001-1011

Sonja Lüthi and Rolf Wüstenhagen

Comparison of extended mean-reversion and time series models for electricity spot price simulation considering negative prices pp. 1012-1032

Dogan Keles, Massimo Genoese, Dominik Möst and Wolf Fichtner

The Clean Development Mechanism and low carbon development: A panel data analysis pp. 1033-1040

Yongfu Huang and Terry Barker

Identifying critical supply chain paths that drive changes in CO2 emissions pp. 1041-1050

Yuko Oshita

Why do some emerging economies proactively accelerate the adoption of renewable energy? pp. 1051-1057

Ruhul A. Salim and Shuddhasattwa Rafiq

Optimal path for China's strategic petroleum reserve: A dynamic programming analysis pp. 1058-1063

Y. Bai, D.Q. Zhou, P. Zhou and L.B. Zhang

Fuel switching and climate and energy policies in the European power generation sector: A generalized Leontief model pp. 1064-1073

Fredrik Pettersson, Patrik Söderholm and Robert Lundmark

Energy content in manufacturing exports: A cross-country analysis pp. 1074-1081

João Amador

Long memory and disaggregated energy consumption: Evidence from fossils, coal and electricity retail in the U.S pp. 1082-1087

Nicholas Apergis and Chris Tsoumas

Decomposition of aggregate CO2 emissions within a joint production framework pp. 1088-1097

Xing-Ping Zhang, Ya-Kun Tan, Qin-Liang Tan and Jiahai Yuan

Oil price, agricultural commodity prices, and the dollar: A panel cointegration and causality analysis pp. 1098-1104

Saban Nazlioglu and Ugur Soytas

Sustainable economic development and the environment: Theory and evidence pp. 1105-1114

Luisito Bertinelli, Eric Strobl and Benteng Zou

Clustering in crude oil prices and the target pricing zone hypothesis pp. 1115-1123

Rakesh Bharati, Susan Crain and Vincent Kaminski

Pollution from the electric power sector in Japan and efficient pollution reduction pp. 1124-1130

Kyohei Matsushita and Fumihiro Yamane

Real-Time Pricing in the Nordic Power markets pp. 1131-1142

Maria Kopsakangas Savolainen and Rauli Svento

The impact of power market structure on CO2 cost pass-through to electricity prices under quantity competition – A theoretical approach pp. 1143-1152

Jos Sijm, Yihsu Chen and Benjamin F. Hobbs

Modelling energy spot prices: Empirical evidence from NYMEX pp. 1153-1169

Nikos Nomikos and Kostas Andriosopoulos

On the link between forward energy prices: A nonlinear panel cointegration approach pp. 1170-1175

Marc Joëts and Valérie Mignon

Are “flexible” taxation mechanisms effective in stabilizing fuel prices? An evaluation considering wholesale fuel markets pp. 1176-1186

Marina Di Giacomo, Massimiliano Piacenza and Gilberto Turati

Oil price shocks and European industries pp. 1187-1195

Bert Scholtens and Cenk Yurtsever

Modularity analysis of the Canadian natural gas sector pp. 1196-1207

Vlad Ivanenko

Capital stock-labor-energy substitution and production efficiency study for China pp. 1208-1213

Xuanming Su, Weisheng Zhou, Ken'Ichi Nakagami, Hongbo Ren and Hailin Mu

Environmental pricing of externalities from different sources of electricity generation in Chile pp. 1214-1225

Claudia Aravena, W. George Hutchinson and Alberto Longo

Oil exploration and perceptions of scarcity: The fallacy of early success pp. 1226-1233

Kristofer Jakobsson, Bengt Söderbergh, Simon Snowden, Chuan-Zhong Li and Kjell Aleklett

A dynamic programming model of China's strategic petroleum reserve: General strategy and the effect of emergencies pp. 1234-1243

Gang Wu, Yi-Ming Wei, Chris Nielsen, Xi Lu and Michael B. McElroy

International coal trade and restrictions on coal consumption pp. 1244-1249

David A. Riker

Volume 34, issue 3, 2012

Estimation of elasticity price of electricity with incomplete information pp. 627-633

Xavier Labandeira, Jose Labeaga and Xiral López-Otero

Efficiency-based rank assessment for electric power industry: A combined use of Data Envelopment Analysis (DEA) and DEA-Discriminant Analysis (DA) pp. 634-644

Toshiyuki Sueyoshi and Mika Goto

Returns to scale and damages to scale under natural and managerial disposability: Strategy, efficiency and competitiveness of petroleum firms pp. 645-662

Toshiyuki Sueyoshi and Mika Goto

Environmental assessment by DEA radial measurement: U.S. coal-fired power plants in ISO (Independent System Operator) and RTO (Regional Transmission Organization) pp. 663-676

Toshiyuki Sueyoshi and Mika Goto

An analysis of factors that influence the technical efficiency of Malaysian thermal power plants pp. 677-685

Kok Fong See and Timothy Coelli

Weak and strong disposability vs. natural and managerial disposability in DEA environmental assessment: Comparison between Japanese electric power industry and manufacturing industries pp. 686-699

Toshiyuki Sueyoshi and Mika Goto

DEA radial and non-radial models for unified efficiency under natural and managerial disposability: Theoretical extension by strong complementary slackness conditions pp. 700-713

Toshiyuki Sueyoshi and Mika Goto

Permit price dynamics in the U.S. SO2 trading program: A cointegration approach pp. 714-722

Mohamed Amine Boutabba, Olivier Beaumais and Sandrine Lardic

Estimating the shadow prices of SO2 and NOx for U.S. coal power plants: A convex nonparametric least squares approach pp. 723-732

Maethee Mekaroonreung and Andrew Johnson

Renewable and non-renewable energy consumption-growth nexus: Evidence from a panel error correction model pp. 733-738

Nicholas Apergis and James Payne

Income level and the energy consumption–GDP nexus: Evidence from Sub-Saharan Africa pp. 739-746

Mulugeta S. Kahsai, Chali Nondo, Peter V. Schaeffer and Tesfa G. Gebremedhin

Economic growth and electricity consumption in former Soviet Republics pp. 747-753

Melike Bildirici and Fazıl Kayıkçı

Wind power learning rates: A conceptual review and meta-analysis pp. 754-761

Åsa Lindman and Patrik Söderholm

A review of uncertainties in technology experience curves pp. 762-771

Sonia Yeh and Edward S. Rubin

The price of wind power in China during its expansion: Technology adoption, learning-by-doing, economies of scale, and manufacturing localization pp. 772-785

Yueming Qiu and Laura D. Anadon

Drilling speed—the relevance of experience pp. 786-794

Petter Osmundsen, Kristin Roll and Ragnar Tveterås

Improving the energy efficiency of buildings: The impact of environmental policy on technological innovation pp. 795-806

Joëlle Noailly

Information acquisition as an American option pp. 807-816

Babak Jafarizadeh

A utility based approach to energy hedging pp. 817-827

John Cotter and Jim Hanly

Crude oil price forecasting: Experimental evidence from wavelet decomposition and neural network modeling pp. 828-841

Rania Jammazi and Chaker Aloui

Population aging and carbon emissions in OECD countries: Accounting for life-cycle and cohort effects pp. 842-849

Tobias Menz and Heinz Welsch

Economics of CCS for coal plants: Impact of investment costs and efficiency on market diffusion in Europe pp. 850-863

Richard Lohwasser and Reinhard Madlener

Volume 34, issue 2, 2012

The determinants of household energy demand in rural Beijing: Can environmentally friendly technologies be effective? pp. 381-388

Zhang Jingchao and Koji Kotani

Factors affecting wood energy consumption by U.S. households pp. 389-397

Nianfu Song, Francisco Aguilar, Stephen R. Shifley and Michael E. Goerndt

Estimation of elasticities for domestic energy demand in Mozambique pp. 398-409

Maria de Fátima S.R. Arthur, Craig A. Bond and Bryan Willson

Urban energy transition and technology adoption: The case of Tigrai, northern Ethiopia pp. 410-418

Zenebe Gebreegziabher, Alemu Mekonnen, Menale Kassie and Gunnar Köhlin

Measuring the welfare effects of reducing a subsidy on a commodity using micro-models: An application to Kuwait's residential demand for electricity pp. 419-425

Mahmoud A.M. BuShehri and Michael Wohlgenant

Exploring the potential for energy conservation in French households through hybrid modeling pp. 426-445

Louis-Gaëtan Giraudet, Céline Guivarch and Philippe Quirion

Consumer preferences for automobile energy-efficiency grades pp. 446-451

Yoonmo Koo, Chang Seob Kim, Junhee Hong, Ie-Jung Choi and Jongsu Lee

An empirical study of direct rebound effect for passenger transport in urban China pp. 452-460

H. Wang, P. Zhou and D.Q. Zhou

Heterogeneity in the rebound effect: Further evidence for Germany pp. 461-467

Manuel Frondel, Nolan Ritter and Colin Vance

Distribution charges for consumers and microgeneration considering load elasticity sensitivity pp. 468-475

Paulo E. Steele Santos, Jose W. Marangon Lima, Rafael C. Leme and Tiago G. Leite Ferreira

Energy consumption, output and trade in South America pp. 476-488

Perry Sadorsky

Explaining the (non-) causality between energy and economic growth in the U.S.—A multivariate sectoral analysis pp. 489-499

Christian Gross

The electricity consumption versus economic growth of the Polish economy pp. 500-510

Henryk Gurgul and Łukasz Lach

Energy consumption and economic growth nexus in Portugal, Italy, Greece, Spain and Turkey: An ARDL bounds test approach (1965–2009) pp. 511-517

José Alberto Fuinhas and António Marques

Coal consumption, CO2 emission and economic growth in China: Empirical evidence and policy responses pp. 518-528

Harry Bloch, Shuddhasattwa Rafiq and Ruhul Salim

Regulation and electricity market integration: When trade introduces inefficiencies pp. 529-535

Etienne Billette de Villemeur and Pierre-Olivier Pineau

The economics of storage, transmission and drought: integrating variable wind power into spatially separated electricity grids pp. 536-541

Hugh Scorah, Amy Sopinka and Gerrit van Kooten

Efficiency effects of observed and unobserved heterogeneity: Evidence from Norwegian electricity distribution networks pp. 542-548

Christian Growitsch, Tooraj Jamasb and Heike Wetzel

How to fit demand side management (DSM) into current Chinese electricity system reform? pp. 549-557

Yongzhen Yu

Optimum policy for integration of renewable energy sources into the power generation system pp. 558-567

M. Suruz Miah, N.U. Ahmed and Monjur Chowdhury

Power marketer pricing behavior in the California Power Exchange pp. 568-575

Tyler Hodge and Carol Dahl

A data envelopment analysis-based framework for the relative performance evaluation of competing crude oil prices' volatility forecasting models pp. 576-583

Bing Xu and Jamal Ouenniche

A metric and topological analysis of determinism in the crude oil spot market pp. 584-591

John Barkoulas, Atreya Chakraborty and Arav Ouandlous

A critical view on temperature modelling for application in weather derivatives markets pp. 592-602

Jūratė Šaltytė Benth and Fred Espen Benth

Oil price uncertainty and the Canadian economy: Evidence from a VARMA, GARCH-in-Mean, asymmetric BEKK model pp. 603-610

Sajjadur Rahman and Apostolos Serletis

On the impacts of oil price fluctuations on European equity markets: Volatility spillover and hedging effectiveness pp. 611-617

Mohamed Arouri, Jamel Jouini and Duc Khuong Nguyen

A nonparametric GARCH model of crude oil price return volatility pp. 618-626

Aijun Hou and Sandy Suardi

Volume 34, issue 1, 2012

Coordinating cross-border congestion management through auctions: An experimental approach to European solutions pp. 1-13

Céline Jullien, Virginie Pignon, Stéphane Robin and Carine Staropoli

How much should we pay for interconnecting electricity markets? A real options approach pp. 14-30

Álvaro Cartea and Carlos González-Pedraz

Investment in new power generation under uncertainty: Benefits of CHP vs. condensing plants in a copula-based analysis pp. 31-44

Günther Westner and Reinhard Madlener

Irreversible investment, uncertainty, and ambiguity: The case of bioenergy sector pp. 45-53

Pierre-André Jouvet, Elodie Le Cadre and Caroline Orset

Electricity capacity investment under risk aversion: A case study of coal, gas, and concentrated solar power pp. 54-61

Lin Fan, Catherine Norman and Anthony G. Patt

The inevitability of capacity underinvestment in competitive electricity markets pp. 62-77

Irena Milstein and Asher Tishler

A simple dynamic energy capacity model pp. 78-81

James P. Gander

The emergence and evolution of regional convergence clusters in China's energy markets pp. 82-94

Hengyun Ma and Les Oxley

Will history repeat itself? Economic convergence and convergence in energy use patterns pp. 95-104

Michael Jakob, Markus Haller and Robert Marschinski

The globalization of steam coal markets and the role of logistics: An empirical analysis pp. 105-116

Aleksandar Zaklan, Astrid Cullmann, Anne Neumann and Christian von Hirschhausen

Price discount, inventories and the distortion of WTI benchmark pp. 117-124

Chung-Wei Kao and Jer-Yuh Wan

Does OPEC still exist as a cartel? An empirical investigation pp. 125-131

Vincent Brémond, Emmanuel Hache and Valérie Mignon

OPEC's oil exporting strategy and macroeconomic (in)stability pp. 132-136

Luís Aguiar-Conraria and Yi Wen

Cartelization in gas markets: Studying the potential for a “Gas OPEC” pp. 137-152

S.A. Gabriel, Knut Einar Rosendahl, Rudolf Egging-Bratseth, H.G. Avetisyan and S. Siddiqui

An evaluation of alternative scenarios for the Gazprom monopoly of Russian gas exports pp. 153-161

Marina Tsygankova

Much ado about Hotelling: Beware the ides of Hubbert pp. 162-170

Douglas B. Reynolds and Jungho Baek

Attribution of changes in Divisia real energy intensity index — An extension to index decomposition analysis pp. 171-176

Ki-Hong Choi and B.W. Ang

Structural decomposition analysis applied to energy and emissions: Some methodological developments pp. 177-188

Bin Su and B.W. Ang

Estimating the demand for gasoline in developing countries: Senegal pp. 189-194

Seydina Ousmane Sene

Estimating the supply and demand of gasoline using tax data pp. 195-200

David Coyle, Jason DeBacker and Richard Prisinzano

Demand for gasoline is more price-inelastic than commonly thought pp. 201-207

Tomas Havranek, Zuzana Irsova and Karel Janda

Inventories and upstream gasoline price dynamics pp. 208-214

Gerard Kuper

Stock prices of clean energy firms, oil and carbon markets: A vector autoregressive analysis pp. 215-226

Surender Kumar, Shunsuke Managi and Akimi Matsuda

Oil prices, exchange rates and emerging stock markets pp. 227-240

Syed Abul Basher, Alfred A. Haug and Perry Sadorsky

Co-movement of energy commodities revisited: Evidence from wavelet coherence analysis pp. 241-247

Lukas Vacha and Jozef Baruník

Correlations and volatility spillovers between oil prices and the stock prices of clean energy and technology companies pp. 248-255

Perry Sadorsky

Testing the Masters Hypothesis in commodity futures markets pp. 256-269

Scott Irwin and Dwight R. Sanders

The economic value of co-movement between oil price and exchange rate using copula-based GARCH models pp. 270-282

Chih-Chiang Wu, Huimin Chung and Yu-Hsien Chang

Forecasting the conditional volatility of oil spot and futures prices with structural breaks and long memory models pp. 283-293

Mohamed Arouri, Amine Lahiani, Aldo Lévy and Duc Khuong Nguyen

Volatility regimes, asymmetric basis effects and forecasting performance: An empirical investigation of the WTI crude oil futures market pp. 294-306

Kuang-Liang Chang

Forecasting hourly electricity prices using ARMAX–GARCH models: An application to MISO hubs pp. 307-315

Emily Hickey, David G. Loomis and Hassan Mohammadi

Modeling and explaining the dynamics of European Union Allowance prices at high-frequency pp. 316-326

Christian Conrad, Daniel Rittler and Waldemar Rotfuß

Carbon price drivers: Phase I versus Phase II equilibrium? pp. 327-334

Anna Creti, Pierre-André Jouvet and Valérie Mignon

Integration of the global carbon markets pp. 335-349

Bruce Mizrach

Economic structure and strategies for greenhouse gas mitigation pp. 350-357

Erin S. Minihan and Ziping Wu

Greenhouse gas emissions, energy consumption and economic growth: A panel cointegration analysis from Canadian industrial sector perspective pp. 358-364

Mahamat Hamit-Haggar

Land-based mitigation in climate stabilization pp. 365-380

Steven K. Rose, Helal Ahammad, Bas Eickhout, Brian Fisher, Atsushi Kurosawa, Shilpa Rao, Keywan Riahi and Detlef P. van Vuuren