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Panel data analysis of U.S. coal productivity
(MIT Center for Energy and Environmental Policy Research, 2000)
We analyze labor productivity in coal mining in the United States using indices of productivity change associated with the concepts of panel data modeling. This approach is valuable when there is extensive heterogeneity ...
Tax effects upon oil field development in Venezuela
(MIT Center for Energy and Environmental Policy Research, 2000)
Important reforms have been made to the oil sector tax code in Venezuela. Given its diversity of oil resources, there was a concern that some resources were not being exploited because of the structure of the tax code. ...
Why do we need electricity retailers?; or, can you get it cheaper wholesale?
(MIT Center for Energy and Environmental Policy Research, 2000)
The opportunities for retail electricity competition to provide new value-added services to retail electricity consumers are discussed. The physical attributes of electricity supply make many of the traditional "convenience ...
The wholesale market for electricity in England and Wales : recent developments and future reforms
(MIT Center for Energy and Environmental Policy Research, 2000)
The England and Wales wholesale electricity market is about to undergo major reform (NETA). I describe and analyse the proposed arrangements, contrasting them with those currently in operation. I argue that while NETA will ...
Transmission rights and market power on electric power networks
(MIT Center for Energy and Environmental Policy Research, 2000)
We analyze whether and how the allocation of transmission rights associated with the use of electric power networks affects the behavior of electricity generators and electricity consumers with market power. We consider ...
A market-based environmental policy experiment in Chile
(MIT Center for Energy and Environmental Policy Research, 2000)
Despite growing interest in the use of emissions trading for pollution control, empirical evidence for this regulatory instrument has been confined to a few experiences in the United States. This paper broadens the empirical ...
Characteristics of North Sea oil reserve appreciation
(MIT Center for Energy and Environmental Policy Research, 2000)
In many petroleum basins, and especially in more mature areas, most reserve additions consist of the growth over time of prior discoveries, a phenomenon termed reserve appreciation. This paper concerns crude oil reserve ...
Deregulating and regulatory reform in the U.S. electric power sector
(MIT Center for Energy and Environmental Policy Research, 2000)
This paper discusses the evolution of wholesale and retail competition in the U.S electricity sector and associated industry restructuring and regulatory reforms. It begins with a discussion of the industry structure and ...