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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18765Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Asche, Frank | - |
| dc.creator | Osmundsen, Petter | - |
| dc.creator | Sandsmark, Maria | - |
| dc.date | 2005 | - |
| dc.date.accessioned | 2013-10-16T07:01:14Z | - |
| dc.date.available | 2013-10-16T07:01:14Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/18765 | - |
| dc.identifier | ppn:479302936 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18765 | - |
| dc.description | After opening up of the Interconnector, the liberalized UK natural gas market and the regulated Continental gas markets became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the Continental market and to the fact that the significant call options embedded in the complex take-or-pay contracts make these contracts the marginal source of supply. However, in an interim period – after deregulation of the UK gas market (1995) and the opening up of the Interconnector (1998) – the UK gas market had neither government price regulation nor a physical Continental gas linkage. We use this period – which for natural gas markets displays an unusual combination of deregulation and autarky – as a natural experiment to explore if decoupling of natural gas prices from prices of other energy commodities, such as oil and electricity, took place. Using monthly price data, we find a highly integrated market where wholesale demand seems to be for energy rather than a specific energy source. | - |
| dc.language | eng | - |
| dc.publisher | - | |
| dc.relation | CESifo working papers 1401 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | Q48 | - |
| dc.subject | C32 | - |
| dc.subject | L90 | - |
| dc.subject | L10 | - |
| dc.subject | ddc:330 | - |
| dc.subject | energy markets | - |
| dc.subject | price interlinkages | - |
| dc.subject | cointegration analysis | - |
| dc.subject | Erdgas | - |
| dc.subject | Preis | - |
| dc.subject | Erdölpreis | - |
| dc.subject | Internationaler Preiszusammenhang | - |
| dc.subject | Schätzung | - |
| dc.subject | Grossbritannien | - |
| dc.title | Is it all oil? | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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