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  2. Chairs of Applied Economics and Economic Theory

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-caeet14sept08.pdf
    31 Jan 2024: 3 “Some applied economics of utility regulation”, Energy Journal Special Issue, 29 (?), September, 2008. ... Applied economics and economic theory are thus both relatively recent innovations as titles of Chairs.
  3. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2321.pdf
    12 Dec 2023: EPRG Working Paper 2321. Cambridge Working Paper in Economics 2362. Paul Simshauser The integration of variable renewable energy (VRE, solar and wind) resources poses significant challenges for transmission network planning and ...  Centre
  4. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2216.pdf
    12 Dec 2023: . Professor of Economics, Centre for Applied Energy Economics & Policy Research, Griffith University. ... The modelling is grounded firmly in welfare economics with a primary purpose of assessing ‘underlying’ levels of fuel poverty, and the
  5. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2219.pdf
    12 Dec 2023: EPRG Working Paper 2219. Cambridge Working Paper in Economics CWPE2305. Paul Simshauser1 Tim Nelson & Joel. ... Generation investment opportunities have been curtailed.  Centre for Applied Energy Economics & Policy Research, Griffith
  6. NTS-Template

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2306.pdf
    12 Dec 2023: www.eprg.group.cam.ac.uk. Renewable investments in hybridised energy markets: optimising the CfD-merchant revenue mix EPRG Working Paper 2306 Cambridge Working Paper in Economics CWPE2334. ... gearing limitations. Our modelling. Queensland University of
  7. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2202.pdf
    12 Dec 2023: www.eprg.group.cam.ac.uk. The Levelised Cost of Frequency Control Ancillary Services in Australia’s National Electricity Market EPRG Working Paper 2202 Cambridge Working Paper in Economics 2203. ...  Centre for Applied Energy Economics & Policy
  8. Productive Systems Revisited

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp239.pdf
    9 Jul 2023: Frank Wilkinson is a Reader in Applied Economics at the University of Cambridge. ... Liberal economics is, however, more ambiguous about the effect of dominant firms and their power to monopolise and reduce economic welfare.
  9. 1 Measuring the effects of power system reform in ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2213.pdf
    12 Dec 2023: of years. It has been systematically applied to UK electricity reforms in a series of papers (Newbery and. ... The T&D price is. the network charge applied to the electricity supplied via the market.
  10. A Comparison of UK and Japanese Electricity Distribution Performance…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp3.pdf
    5 Dec 2023: Corresponding author. Research Associate, Department of Applied Economics,University of Cambridge, Sidgwick Avenue, Austin Robinson Building,Cambridge CB3 9DE, United Kingdom, Phone: 44-1223-335271, Fax: 44-1223-335299, Email: ... Battese, G. and T.
  11. WP392

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp392.pdf
    9 Jul 2023: 5. In economics, there had developed a ‘vigorous, diverse and distinctly American literature dealing with monetary economics and the business cycle’. ... 293-4). The changing structure of industry and its control prompted theoretical developments in
  12. Ownership and competition: Finding Performance Breaks for Great…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1021.pdf
    6 Dec 2023: www.eprg.group.cam.ac.uk. Ownership and competition: Finding Performance Breaks for Great Britain’s Power Plants EPRG Working Paper 1021 Cambridge Working Paper in Economics 1043. ... 1. Introduction. In economics two important drivers of firm
  13. www.eprg.group.cam.ac.uk The European Single Market in Electricity:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1815.pdf
    8 Dec 2023: Cambridge Working Paper in Economics 1832. Michael G. Pollitt. Abstract The European single market in electricity has been promoted vigorously by the European Commission since 1996. ... Copenhagen Economics (2005) provided an early assessment for the
  14. elec-gen-2c.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp65.pdf
    5 Dec 2023: CMI Working Paper. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Electricity generation with looped transmission networks:. ... Fletcher et al. [18]), which analyzed a nonlinear programming method applied to MPECs,.
  15. Optimal Non-Linear Income Tax when Highly Skilled Individuals Vote…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0906.pdf
    6 Dec 2023: Applied Economics, 38, 2553-2566. House of Commons (1882). Bill to facilitate and regulate supply of electricity for lighting in Great Britain and Ireland: As amended by Select Committee, 1882 (200). ... Electric power distribution: economies of scale,
  16. covers

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp15.pdf
    5 Dec 2023: Department of Applied Economics, University of Cambridge22 October 2002. Abstract. Auctions are playing an increasingly prominent role in the planning and operation ofenergy markets. ... Although the Pool price may only have applied to less than 10% of
  17. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-D.-Newbery_AEEESalamanca17final.pdf
    2 Feb 2024: www.eprg.group.cam.ac.uk. Public economics applied to cost recovery. • Need an efficient way of raising revenue shortfall => Ramsey mark-up: cause equi-proportional demand fall => Diamond-Mirrlees: distortions ... Public economics applied to cost
  18. www.eprg.group.cam.ac.uk Storing Power: Market Structure Matters EPRG …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2038.pdf
    11 Dec 2023: market power. Within the energy economics literature, there is a long strand of papers analyzing the. ... discharge.8. An emerging strand of the literature specifically analyzes the economics of energy.
  19. WP246b _3_

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp246.pdf
    9 Jul 2023: COMPETITION AND COMPETITION POLICY IN. EMERGING MARKETS: INTERNATIONAL AND DEVELOPMENTAL DIMENSIONS. ESRC Centre for Business Research, University of Cambridge Working Paper No. 246. by. Ajit Singh Queens' College. University of Cambridge, CB3 9ET
  20. NILLESEN POLLITT FINAL dutch regulatory failure7

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp50.pdf
    5 Dec 2023: partial benchmarking approaches, such as the method applied in the study of electricity. ... misspecification of inputs and outputs. Secondly, the DTe applied the efficiency scores to.
  21. Lovers, Friends and Enemies: The Determinants and Effects of Hostile…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp216.pdf
    9 Jul 2023: MANAGERIAL DISCRETION AND TAKEOVER PERFORMANCE. ESRC Centre for Business Research, University of Cambridge Working. Paper No. 216. By. Andy Cosh Alan Hughes. ESRC Centre for Business Research. University of Cambridge. The Judge Institute of
  22. Inefficiency persistence and heterogeneity in Colombian electricity…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1403.pdf
    7 Dec 2023: Inefficiency persistence and heterogeneity in Colombian electricity distribution utilities. EPRG Working Paper 1403 Cambridge Working Paper in Economics 1423.
  23. Cover

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0929.pdf
    6 Dec 2023: Cambridge Working Paper in Economics 0953. Michael G.Pollitt. It is around 5 years since my colleague, Tooraj Jamasb, and I reviewed. ... individual reform elements (e.g. privatisation or vertical unbundling). Other evidence, such as Copenhagen Economics
  24. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0915.pdf
    6 Dec 2023: EPRG Working Paper 0915 Cambridge Working Paper in Economics 0926. Aoife Brophy Haney & Michael G. ... Economics . Engineering . Law . Type of Expert . Not Applicable . Academic . Other Professional . 9 . Other  Local . International .
  25. New Electricity Technologiesfor a Sustainable Future Tooraj Jamasb,…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0512.pdf
    5 Dec 2023: Nuttall, Michael G. Pollitt (University of Cambridge) Series: Department of Applied Economics Occasional Papers (No. ... Key to the economics of on-grid solar power are capital costs, maintenance, reliability and system lifetimes.
  26. www.eprg.group.cam.ac.uk Using a spatial econometric approach to…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1630.pdf
    8 Dec 2023: EPRG Working Paper 1630 Cambridge Working Paper in Economics 1673. Luis Orea, Inmaculada C. ... 2010), “Applied Spatial Econometrics: raising the bar”. Spatial Economic. Analysis, 5, 9-28.
  27. www.eprg.group.cam.ac.uk Oil, Volatility and Institutions:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1513.pdf
    8 Dec 2023: EPRG Working Paper 1513. Cambridge Working Paper in Economics 1523. Amany El-Anshasy, Kamiar Mohaddes, and. ... these dynamic panel data techniques, when applied to testing growth effects, is that they can.
  28. www.eprg.group.cam.ac.uk Missing Money and Missing Markets:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1508.pdf
    8 Dec 2023: http://www.sciencedirect.com/science/article/pii/S0142061513000689 ) Bowring, J. (2013). “Capacity Markets in PJM,” Economics of Energy and Environmental Policy,. ... 2(2). 47-64. Cramton, P., A. Ockenfels, and S. Stoft (2013). “Capacity Market
  29. P_transmission_Jan03

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp29.pdf
    5 Dec 2023: Not to be quoted without permission. M. CMI Working Paper. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. ... MARKET-BASED INVESTMENT IN ELECTRICITY TRANSMISSION NETWORKS: CONTROLLABLE FLOW. Gert Brunekreeft1 Department of Applied Economics.
  30. Abstract_Reforming Small Power

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1114.pdf
    6 Dec 2023: EPRG Working Paper 1114 Cambridge Working Paper in Economics 1133. Rabindra Nepal and Tooraj Jamasb. ... Heriot-Watt University, Department of Economics, Mary Burton Building, EH144AS, Edinburgh, United Kingdom, Phone: 44-(0)131 458 3482, Email:
  31. WP 450 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp450.pdf
    9 Jul 2023: 450. by. Ha-Joon Chang Faculty of Economics and Centre of Development Studies,. ... Development Economics (Toner, 1999, provides an excellent review; also see Andreoni & Scazzieri, 2013).
  32. 0614 Alberth and Hope 2006 Policy Implications of stochast…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0614.pdf
    5 Dec 2023: Due to superior performance both in terms of green house gases and economics, huge investments have been made into Combined Cycle Gas Turbine (CCGT) technology and its dispersion as a fraction
  33. www.eprg.group.cam.ac.uk Challenges to the Future of European Single…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1908.pdf
    11 Dec 2023: well-functioning pan-European gas wholesale market. We employ a transaction cost economics. ... transaction cost economics framework. Table 2 outlines the main characteristics of the industry using.
  34. epec-rev6a-optonline.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0602.pdf
    5 Dec 2023: mann (2004a); various applications in economics such as Ehrenmann (2004b), Ehrenmann and Neuhoff. ... and Munson, 1999) can be applied. See Ehrenmann (2004a) for an alternative CP formulation.
  35. 4 GROWITSCH JAMASB POLLITT QoS

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0504.pdf
    5 Dec 2023: Tooraj Jamasb. Faculty of Economics, University of Cambridge. Michael Pollitt. Judge Business School, University of Cambridge. ... 2004) refer to a violation of standard assumptions (for example profit maximisation or efficient production) in production
  36. 0712…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0712.pdf
    6 Dec 2023: 1993), and Pollitt (1995). 2.2.4 Three-stage model The three-stage model was first applied by Fried et al.
  37. Britain market design CMI formatted

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp64.pdf
    5 Dec 2023: CMI Working Paper Series. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. ConfpapEnjournBritain 30/11/04 1. ... At the time. Professor, Department of Applied Economics, University of Cambridge, Sidgwick Avenue,Cambridge, England CB3 9DE (E-mail:
  38. Incorporating Undesirable Outputs into Malmquist TFP Index

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0716.pdf
    6 Dec 2023: Incorporating Undesirable Outputs into Malmquist TFP. Index: Environmental Performance Growth of Chinese. Coal-Fired Power Plants. Hongliang Yang and Michael Pollitt. September 2007. CWPE 0740 and EPRG 0716. 2. Incorporating Undesirable Outputs into
  39. 0708b mergerpaperjkmp300407

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0708.pdf
    6 Dec 2023: Industry Restructuring, Mergers, and Efficiency: Evidence from Electric Power. John Kwoka, Michael Pollitt. April 2007. CWPE 0725& EPRG 0708. INDUSTRY RESTRUCTURING, MERGERS, AND. EFFICIENCY: EVIDENCE FROM ELECTRIC POWER. John Kwoka. Northeastern
  40. 2 JAMASB deregulation and R&D in network industries 27.06.…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0502.pdf
    5 Dec 2023: Tooraj Jamasb Faculty of Economics, University of Cambridge. Michael Pollitt Judge Institute of Management, University of Cambridge. ... Faculty of Economics, University of Cambridge, Sidgwick Avenue, Austin Robinson Building, Cambridge CB3 9DE, United
  41. Abstract_EPRG WP 1116

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1116.pdf
    6 Dec 2023: This paper discusses some of the important economics foundations of energy demand in general, and electricity in particular. ... 3.2 The apparent non-rationality of individual energy consumption Another important consideration in economics is apparently
  42. Incentive Regulation of Electricity Distribution Networks:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0718.pdf
    6 Dec 2023: Corresponding author. Faculty of Economics, ESRC Electricity Policy Research Group,. University of Cambridge, Sidgwick Avenue, Austin Robinson Bldg., Cambridge CB3 9DE, UK. ... Section 2 discusses some important and relevant features of the model and
  43. PDF - Empirical prediction intervals revisited (WP 2/2013)

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1302.pdf
    9 Jul 2023: assumes that the applied forecasting model specifies the underlying stochas-. tic process correctly and that the forecast errors follow a specific distribution. ... ing that the applied forecasting model is correctly specified for the underlying.
  44. www.eprg.group.cam.ac.uk Energy Systems Integration: Economics of a…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1903.pdf
    11 Dec 2023: We discuss selected aspects that relate to industrial organisation, regulation, business economics, and technology. ... Network charges can be applied to production, demand, capacity, and usage levels (Pollitt, 2018).
  45. GlachantJM&SaguanM_Balancing_Janv2007_Vdef

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0711.pdf
    6 Dec 2023: imbalances. One price is applied to positive imbalances, in which energy supplied in excess of. ... Different levels. of penalties are applied to these day ahead prices on the exchanges.
  46. www.eprg.group.cam.ac.uk The Cost of Carbon Leakage: Britain’s Carbon …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2005.pdf
    11 Dec 2023: 9DD, UK; emails: dmgn@cam.ac.uk, b Department of Applied Economics, Renmin University of China, b.guo@ruc.edu.cn. ... School of Applied Economics, Renmin University of China. Email: b.guo@ruc.edu.cn.‡Corresponding author: director, EPRG, University of
  47. Issues and Options for Restructuring Electricity Supply Industries

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1.pdf
    5 Dec 2023: 1. Issues and Options for Restructuring Electricity Supply Industries. David M Newbery1 Department of Applied Economics. ... Investing in CCGT is equally unattractive, for although from a least-cost system expansion view point, some low capital cost
  48. WPM$3E54

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0516.pdf
    5 Dec 2023: XLV, No. 3, September 1997, pp. 269-303. Later work applied similar methods to the rest of the UK electricity sector. ... Also R H Coase, “The theory of public utility pricing and its application”, Bell Journal of Economics and Management Science, Vol
  49. www.eprg.group.cam.ac.uk EP RG WO RK ING PA PE R ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1210.pdf
    7 Dec 2023: We also thank David Newbery, Jacob LaRiviere, Mar Reguant, the anonymous reviewer, and the participants of the 3rd International Workshop on Empirical Methods in Energy Economics, the 9th Annual International Industrial ... variance of error term is not
  50. _pdf_ Wolf

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0805.pdf
    6 Dec 2023: EPRG Working Paper 0805. Cambridge Working Paper in Economics 0811. Christian Wolf and Michael G.
  51. Country-Specific Oil Supply Shocks and the Global Economy: A ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1512.pdf
    8 Dec 2023: Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis EPRG Working Paper 1512 Cambridge Working Paper in Economics 1516. ... Kamiar Mohaddesa† and M. Hashem Pesaranba Faculty of Economics and Girton College, University of

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