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La integración energética de los países nórdicos -Nord Pool-: lecciones para otros mercados

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  • John Jairo García Rendón

    ()

  • Carlos Mario Palacios Builes

    ()

Abstract

This article describes the integration process of the Nord Pool's electrical market, in addition to establishing some reflections on this experience, which could be important for regions that are undergoing the same process, as is the case of the Andean Community Nations -CAN-. Initially, this paper alludes to the theory that establishes the foundations for the exchange of goods and services and the economic principles that justify market integration. It finally concentrates on the Nord pool's experience, examining the porcess and its results.

Suggested Citation

  • John Jairo García Rendón & Carlos Mario Palacios Builes, 2006. "La integración energética de los países nórdicos -Nord Pool-: lecciones para otros mercados," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 64, pages 117-142, Enero-Jun.
  • Handle: RePEc:lde:journl:y:2006:i:64:p:117-142
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    References listed on IDEAS

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    1. Robert J. Barro, 2013. "Inflation and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
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    3. Saint-Paul, Gilles & Verdier, Thierry, 1993. "Education, democracy and growth," Journal of Development Economics, Elsevier, pages 399-407.
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    5. Cecilia Garcia-Penalosa & Eve Caroli & Philippe Aghion, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Journal of Economic Literature, American Economic Association, pages 1615-1660.
    6. Roland Bénabou, 1996. "Inequality and Growth," NBER Chapters,in: NBER Macroeconomics Annual 1996, Volume 11, pages 11-92 National Bureau of Economic Research, Inc.
    7. Li, Hongyi & Zou, Heng-fu, 1998. "Income Inequality Is Not Harmful for Growth: Theory and Evidence," Review of Development Economics, Wiley Blackwell, vol. 2(3), pages 318-334, October.
    8. Thomas Piketty, 1997. "The Dynamics of the Wealth Distribution and the Interest Rate with Credit Rationing," Review of Economic Studies, Oxford University Press, vol. 64(2), pages 173-189.
    9. Perotti, Roberto & Alesina, Alberto, 1996. "Income Distribution, Political Instability, and Investment," Scholarly Articles 4553018, Harvard University Department of Economics.
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    11. repec:dau:papers:123456789/10091 is not listed on IDEAS
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    More about this item

    Keywords

    electrical market integration; regulation; nord pool;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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