Spatial effects in the bid price setting strategies of the wholesale electricity markets: The case of Colombia
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Robert E. Hall & Charles I. Jones, 1999.
"Why do Some Countries Produce So Much More Output Per Worker than Others?,"
The Quarterly Journal of Economics, Oxford University Press, vol. 114(1), pages 83-116.
- Robert E. Hall & Charles I. Jones, 1998. "Why Do Some Countries Produce So Much More Output per Worker than Others?"," Working Papers 98007, Stanford University, Department of Economics.
- Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
- Catherine D. Wolfram, 1998. "Strategic Bidding in a Multiunit Auction: An Empirical Analysis of Bids to Supply Electricity in England and Wales," RAND Journal of Economics, The RAND Corporation, vol. 29(4), pages 703-725, Winter.
- Fabra, Natalia & Toro, Juan, 2005.
"Price wars and collusion in the Spanish electricity market,"
International Journal of Industrial Organization, Elsevier, vol. 23(3-4), pages 155-181, April.
- Natalia Fabra & Juan Toro, 2001. "Price Wars and Collusion in the Spanish Electricity Market," Economic Working Papers at Centro de Estudios Andaluces E2001/05, Centro de Estudios Andaluces.
- Juan ToroNatalia Fabra & Universidad Carlos III de Madrid, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Economics Series Working Papers 136, University of Oxford, Department of Economics.
- Natalia Fabra & Juan Toro, 2002. "Price Wars and Collusion in the Spanish Electricity Market," Industrial Organization 0212001, University Library of Munich, Germany, revised 26 Jan 2004.
- Florax, Raymond J. G. M. & Folmer, Hendrik & Rey, Sergio J., 2003.
"Specification searches in spatial econometrics: the relevance of Hendry's methodology,"
Regional Science and Urban Economics, Elsevier, vol. 33(5), pages 557-579, September.
- Raymond J.G.M. Florax & Hendrik Folmer & Sergio J. Rey, 2002. "Specification Searches in Spatial Econometrics: The Relevance of Hendry's Methodology," Urban/Regional 0202001, University Library of Munich, Germany.
- Lise, Wietze & Hobbs, Benjamin F. & Hers, Sebastiaan, 2008. "Market power in the European electricity market--The impacts of dry weather and additional transmission capacity," Energy Policy, Elsevier, vol. 36(4), pages 1331-1343, April.
- James Wesley Burnett & Xueting Zhao, 2017. "Spatially Explicit Prediction of Wholesale Electricity Prices," International Regional Science Review, , vol. 40(2), pages 99-140, March.
- Gallup, John & Sachs, Jeffrey, 1999. "Geography and Economic Development," Harvard Institute for International Development (HIID) Papers 294434, Harvard University, Kennedy School of Government.
- Jesus Lopez-Rodriguez & J. Andres Faina & Jose Lopez-Rodriguez, 2007. "Human Capital Accumulation and Geography: Empirical Evidence from the European Union," Regional Studies, Taylor & Francis Journals, vol. 41(2), pages 217-234.
- Jesús López‐Rodríguez & Andres Faiña & Bolea Cosmin‐Gabriel, 2011. "Economic Remoteness And Wage Disparities In Romania," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 102(5), pages 594-606, December.
- Wolf-Peter Schill & Claudia Kemfert, 2011.
"Modeling Strategic Electricity Storage: The Case of Pumped Hydro Storage in Germany,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 59-88.
- Schill, Wolf-Peter & Kemfert, Claudia, 2011. "Modeling Strategic Electricity Storage: The Case of Pumped Hydro Storage in Germany," EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 59-87.
- Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
- Jesús Alonso Botero & John Jairo García & Luis Guillermo Vélez, 2013.
"Mecanismos utilizados para monitorear el poder de mercado en mercados eléctricos: reflexiones para Colombia,"
Revista Cuadernos de Economía, Universidad Nacional de Colombia -FCE - CID, December.
- Jesús Botero García & John J. García & Luis Guillermo Vélez, 2012. "Mecanismos utilizados para monitorear el poder de mercado en mercados eléctricos: reflexiones para Colombia," Documentos de Trabajo CIEF 010573, Universidad EAFIT.
- Mauricio Santa María & Nils-Henrik Von Der Fehr & Jaime Millán & Juan Benavides, 2009.
"El mercado de la energía eléctrica en Colombia: características, evolución e impacto sobre otros sectores,"
Cuadernos de Fedesarrollo
009287, Fedesarrollo.
- Mauricio Santa María & Nils-Henrik Von Der Fehr & Jaime Millán & Juan Benavides & Orlando Gracia, 2009. "El mercado de la energía eléctrica en Colombia: características, evolución e impacto sobre otros sectores," Informes de Investigación 017835, Fedesarrollo.
- Rangel, Luiz Fernando, 2008. "Competition policy and regulation in hydro-dominated electricity markets," Energy Policy, Elsevier, vol. 36(4), pages 1292-1302, April.
- Jerry A. Hausman, 1974. "Full Information Instrumental Variables Estimation of Simultaneous Equations Systems," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 4, pages 641-652, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- John J. García Rendón & Alex F. Pérez-Libreros, 2019. "El precio spot de la electricidad y la inclusión de energía renovable no convencional: evidencia para Colombia," Documentos de Trabajo CIEF 017393, Universidad EAFIT.
More about this item
Keywords
Bid Price; wholesale electricity market; Spatial Durbin; Colombia;JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-COM-2017-07-23 (Industrial Competition)
- NEP-ENE-2017-07-23 (Energy Economics)
- NEP-REG-2017-07-23 (Regulation)
- NEP-URE-2017-07-23 (Urban & Real Estate Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000122:015660. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Centro de Investigaciones Económicas y Financieras (CIEF)). General contact details of provider: .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.