Can Structural Models be Useful to Understand the Electricity Wholesale Markets? An Application to Spain
In: Recent Advances in the Analysis of Competition Policy and Regulation
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Perloff,Jeffrey M. & Karp,Larry S. & Golan,Amos, 2007.
"Estimating Market Power and Strategies,"
Cambridge Books,
Cambridge University Press, number 9780521011143, October.
- Perloff,Jeffrey M. & Karp,Larry S. & Golan,Amos, 2007. "Estimating Market Power and Strategies," Cambridge Books, Cambridge University Press, number 9780521804400, October.
- Robert H. Patrick & Frank A. Wolak, 2001. "Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices," NBER Working Papers 8213, National Bureau of Economic Research, Inc.
- repec:bla:econom:v:43:y:1976:i:171:p:267-74 is not listed on IDEAS
- David Genesove & Wallace P. Mullin, 1998. "Testing Static Oligopoly Models: Conduct and Cost in the Sugar Industry, 1890-1914," RAND Journal of Economics, The RAND Corporation, vol. 29(2), pages 355-377, Summer.
- Richard E. Just & Wen S. Chern, 1980. "Tomatoes, Technology, and Oligopsony," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 584-602, Autumn.
- Fabra, Natalia & Toro, Juan, 2005.
"Price wars and collusion in the Spanish electricity market,"
International Journal of Industrial Organization, Elsevier, vol. 23(3-4), pages 155-181, April.
- Natalia Fabra & Juan Toro, 2001. "Price Wars and Collusion in the Spanish Electricity Market," Economic Working Papers at Centro de Estudios Andaluces E2001/05, Centro de Estudios Andaluces.
- Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
- Natalia Fabra & Juan Toro, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Industrial Organization 0212001, University Library of Munich, Germany, revised 26 Jan 2004.
- Hjalmarsson, Erik, 2000. "Nord Pool: A Power Market Without Market Power," Working Papers in Economics 28, University of Gothenburg, Department of Economics.
- Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
- Kai-Uwe Kühn & Matilde Machado, 2004.
"Bilateral Market Power and Vertical Integration in the Spanish Electricity Spot Market,"
Working Papers
wp2004_0414, CEMFI.
- Kühn, Kai-Uwe & Machado, Matilde, 2004. "Bilateral Market Power and Vertical Integration in the Spanish Electricity Spot Market," CEPR Discussion Papers 4590, C.E.P.R. Discussion Papers.
- Severin Borenstein & James Bushnell & Christopher R. Knittel, 1999.
"Market Power in Electricity Markets: Beyond Concentration Measures,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 65-88.
- Borenstein, Severin & Bushnell, James & Knittel, Chris, 1999. "Market Power in Electricity Markets: Beyond Concentration Measures," Staff General Research Papers Archive 31548, Iowa State University, Department of Economics.
- Catherine D. Wolfram, 1999. "Measuring Duopoly Power in the British Electricity Spot Market," American Economic Review, American Economic Association, vol. 89(4), pages 805-826, September.
- Rosa M. González-Marrero & Rosa M. Lorenzo-Alegría & Gustavo A. Marrero, 2008. "Fuel Consumption, Economic Determinants and Policy Implications for Road Transport in Spain," Working Papers 2008-23, FEDEA.
- Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
- Faye Steiner, 2000. "Regulation, Industry Structure and Performance in the Electricity Supply Industry," OECD Economics Department Working Papers 238, OECD Publishing.
- David M. Kreps & Jose A. Scheinkman, 1983. "Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes," Bell Journal of Economics, The RAND Corporation, vol. 14(2), pages 326-337, Autumn.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- VÃtor Marques & Isabel Soares & Adelino Fortunato, 2012. "Application of a Structural Model to the Spanish Electricity Wholesale Market," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 65-108.
- repec:ers:journl:v:xv:y:2012:i:sie:p:65-108 is not listed on IDEAS
- Victor F. Moutinho & António C. Moreira & João Paulo C. Bento, 2018. "Strategic decisions on bilateral bidding behavior: evidence from a wholesale electricity market," Empirical Economics, Springer, vol. 54(3), pages 1353-1387, May.
- Luis Orea & Jevgenijs Steinbuks, 2018.
"Estimating Market Power In Homogenous Product Markets Using A Composed Error Model: Application To The California Electricity Market,"
Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1296-1321, April.
- Orea, L. & Steinbuks, J., 2012. "Estimating market power in homogenous product markets using a composed error model: application to the California electricity market," Cambridge Working Papers in Economics 1220, Faculty of Economics, University of Cambridge.
- Luis Orea & Jevgenijs Steinbuks, 2012. "Estimating Market Power in Homogeneous Product Markets Using a Composed Error Model: Application to the California Electricity Market," Working Papers EPRG 1210, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Orea, Luis & Steinbuks, Jevgenijs, 2012. "Estimating Market Power in Homogenous Product Markets Using a Composed Error Model: Application to the California Electricity Market," Efficiency Series Papers 2012/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
- Vítor Marques & Adelino Fortunato & Isabel Soares, 2011. "Application of a structural model to a wholesale electricity market: The Spanish market from January 1999 to June 2007," GEMF Working Papers 2011-02, GEMF, Faculty of Economics, University of Coimbra.
- Fridolfsson, Sven-Olof & Tangerås, Thomas P., 2009. "Market power in the Nordic electricity wholesale market: A survey of the empirical evidence," Energy Policy, Elsevier, vol. 37(9), pages 3681-3692, September.
- Fabra, Natalia & de Frutos, Maria-Angeles, 2008. "On the Impact of Forward Contract Obligations in Multi-Unit Auctions," CEPR Discussion Papers 6756, C.E.P.R. Discussion Papers.
- Carlo Fezzi & Derek Bunn, 2010. "Structural Analysis of Electricity Demand and Supply Interactions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(6), pages 827-856, December.
- Aitor Ciarreta & María Espinosa, 2010.
"Market power in the Spanish electricity auction,"
Journal of Regulatory Economics, Springer, vol. 37(1), pages 42-69, February.
- Aitor Ciarreta & María Paz Espinosa, 2003. "Market Power In The Spanish Wholesale Electricity Market," Working Papers. Serie AD 2003-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Ciarreta Antuñano, Aitor & Espinosa Alejos, María Paz, 2005. "Market Power in the Spanish Electricity Auction," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
- Moutinho, Victor & Moreira, António C. & Mota, Jorge, 2014. "Do regulatory mechanisms promote competition and mitigate market power? Evidence from Spanish electricity market," Energy Policy, Elsevier, vol. 68(C), pages 403-412.
- de Frutos, María-Ángeles & Fabra, Natalia, 2012. "How to allocate forward contracts: The case of electricity markets," European Economic Review, Elsevier, vol. 56(3), pages 451-469.
- Ciarreta, Aitor & Espinosa, María Paz, 2012. "The impact of regulation on pricing behavior in the Spanish electricity market (2002–2005)," Energy Economics, Elsevier, vol. 34(6), pages 2039-2045.
- Brown, David P. & Eckert, Andrew & Silveira, Douglas, 2023. "Screening for collusion in wholesale electricity markets: A literature review," Utilities Policy, Elsevier, vol. 85(C).
- Victor Moutinho & Ant nio Carrizo Moreira & Jorge H. Mota, 2015. "Measuring the Simultaneous Quantity Game in OMEL Spot Electricity Market," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 305-320.
- Graf, Christoph & Wozabal, David, 2013. "Measuring competitiveness of the EPEX spot market for electricity," Energy Policy, Elsevier, vol. 62(C), pages 948-958.
- Ali Hortaçsu & Steven L. Puller, 2008. "Understanding strategic bidding in multi‐unit auctions: a case study of the Texas electricity spot market," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 86-114, March.
- Erik Lundin, 2021.
"Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden,"
Journal of Industrial Economics, Wiley Blackwell, vol. 69(3), pages 485-536, September.
- Lundin, Erik, 2016. "Market Power and Joint Ownership: Evidence from Nuclear Plants in Sweden," Working Paper Series 1113, Research Institute of Industrial Economics, revised 04 Nov 2019.
- Pittman, Russell, 2007. "Restructuring the Russian electricity sector: Re-creating California?," Energy Policy, Elsevier, vol. 35(3), pages 1872-1883, March.
- Komain Jiranyakul, 2015.
"Oil Price Volatility and Real Effective Exchange Rate: The Case of Thailand,"
International Journal of Energy Economics and Policy, Econjournals, vol. 5(2), pages 574-579.
- Jiranyakul, Komain, 2014. "Oil price volatility and real effective exchange rate: the case of Thailand," MPRA Paper 57196, University Library of Munich, Germany.
- Newbery, David M. & Greve, Thomas, 2017. "The strategic robustness of oligopoly electricity market models," Energy Economics, Elsevier, vol. 68(C), pages 124-132.
- Matthias Janssen & Magnus Wobben, "undated". "Electricity Pricing and Market Power - Evidence from Germany," Working Papers 200121, Institute of Spatial and Housing Economics, Munster Universitary.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:14933_15. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.