Browsing Ph.D. theses (ECON) by Title
Previous Page
Now showing items 14-15 of 15
-
Three papers laying the foundation for regional CGE models with agglomeration characteristicsTermansen, Lars Brømsøe (Frederiksberg, 2008)[More information][Less information]
Abstract: The paper analyses the effects of introducing taxes and regional transfers on the equilibrium properties in a standard Core-Periphery model. A central government levies taxes on production factors and redistributes the revenue to all agents regardless of their location. In the case of Core-Periphery economy this is in effect a re-allocation of agglomeration rents. Simulations show that taxes and transfers alter the Core-Periphery model’s properties by moving the Break and Sustain points. The range of freeness of trade with Core-Periphery outcomes is reduced for transfers to the periphery, and increased for transfers to the core. The width of the overlap where the models exhibit hysteresis effects remains the same regardless of the transfers. The analysis reveals that in the Core-Periphery outcome the agglomeration rents can be taxed without exhausting the core’s scale effects. The tax revenues can then be redistributed such that periphery regions and the central government have incentives in promoting core regions, which function as industrial locomotives for the whole economy. URI: http://hdl.handle.net/10398/7739 Files in this item: 1
Lars_B_Termansen.pdf (1.846Mb) -
Schwenen, Sebastian (Frederiksberg, 2011)[More information][Less information]
Abstract: The regulatory approach to supply security in electricity markets has been substantially altered since power markets were partly privatized and reregulated in the mid 1990’s, when regulators chose to rely on market based prices and decentralized commercially based decisions on generation capacities. Prior to this market restructuring power systems basically worked as planned economies, however, the decentralization of production decisions introduced stochastic elements to electricity systems. Additionally, since the early 2000’s, power generating companies, often incentivized by the state, started increasing the share of renewable but intermittent energy sources in their generation portfolios. Due to its intermittency the production process of wind, solar and hydro power is difficult to plan and therefore the final amount of power that enters the market at each point in time becomes difficult to predict. As the level of power supply intermittency increases, so also do the number of challenges that market based approaches face in organizing secure power systems.... URI: http://hdl.handle.net/10398/8376 Files in this item: 1
Sebastian_Schwenen.pdf (781.2Kb)
Previous Page
Now showing items 14-15 of 15