EconPapers    
Economics at your fingertips  
 

Cross-border constraints, institutional changes and integration of the Dutch–German gas market

Gerard Kuper () and Machiel Mulder ()

Energy Economics, 2016, vol. 53, issue C, 182-192

Abstract: We evaluate the contribution of nine institutional changes to the integration of the Dutch and German gas markets. We analyse this contribution through the impact of bottlenecks in the cross-border infrastructure on the absolute value of cross-border price differences. In the period 2007–2013, the absolute value of the differences in price levels between the Dutch and the German NCG market decreased, indicating more integration. We find evidence that the improved connections within the German networks as well as between the Dutch and the German network contributed to this. The strengthening of the connections with the UK market and the Russian supply, however, had a negative effect on market integration between the Dutch and the German NCG market. The liquidity-enhancing changes within the Dutch market had a negligible effect.

Keywords: Gas market; Regulation; Cross-border infrastructure; Time-series analysis (search for similar items in EconPapers)
JEL-codes: Q41 L95 L51 C22 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0140988314002199
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Cross-border constraints, institutional changes and integration of the Dutch-German gas market (2013) Downloads
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:eee:eneeco:v:53:y:2016:i:c:p:182-192

Access Statistics for this article

Energy Economics is currently edited by R. S. J. Tol and J. P. Weyant

More articles in Energy Economics from Elsevier
Series data maintained by Dana Niculescu ().

 
Page updated 2018-01-11
Handle: RePEc:eee:eneeco:v:53:y:2016:i:c:p:182-192