Short Term Relationships between European Electricity Markets

Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 2

Abstract

This paper investigates the short term relationship between the three major European electricity markets: France, Germany and Italy. Using a multivariate analysis, we study the impact of each electricity price changes in one country on the electricity price of the others two countries. Empirical results show that there is a positive impact of common reforms in Europe. Indeed, there is an interdependence of electricity prices especially between Germany and Italy.

Authors and Affiliations

Rafik Jbir| Université de Gabès, BP 100, ISG Gabès, rue Jilani Al Habib, 6000, Gabès, Tunisie, Lanouar Charfeddine| Université de Gabès, BP 75, ISG Gabès, rue Jilani Al Habib, 6000, Gabès, Tunisie

Keywords

Related Articles

THRESHOLD EFFECTS IN THE RELATIONSHIPS OF REITS AND OTHER FINANCIAL SECURITIES IN DEVELOPED COUNTRIES

We use a Panel Smooth Transition Regression model (PSTR) to investigate the nonlinear dynamic relationship between financial variables and REITs of Japan and U.S with 3-month interest rate change as threshold variable....

SPIRITUALITY AND LEADER’S EFFECTIVENESS: AN ISLAMIC PERSPECTIVE

This research was conducted to bring to light leadership concepts from the Qur?an. Religious elements, especially from the Qur?an have been ignored as a source of knowledge despite decades of ongoing inquiry and increasi...

DEVELOPING AN EARLY WARNING SYSTEM FOR FINANCIAL CRISES IN VIETNAM

In this paper, we develop an applicable early warning model that can predict financial crises for Vietnam. To achieve this goal, we analyze and extend the existing early warning models which have been developed by Kamins...

AN EARLY WARNING SYSTEM FOR TURKEY: THE FORECASTING OF ECONOMIC CRISIS BY USING THE ARTIFICIAL NEURAL NETWORKS

An economic crisis is typically a rare kind of an event but it impedes monetary stability, fiscal stability, financial stability, price stability, and sustainable economic development when it appears. Economic crises hav...

FINANCIAL MARKET STRUCTURE AND ECONOMIC GROWTH: EVIDENCE FROM NIGERIA DATA

In this paper, we investigate both the long run and short run relationships between financial structure and economic growth using time series data. The presence of a unit root in the time series data was tested using Aug...

Download PDF file
  • EP ID EP1769
  • DOI -
  • Views 524
  • Downloads 36

How To Cite

Rafik Jbir, Lanouar Charfeddine (2012). Short Term Relationships between European Electricity Markets. Asian Economic and Financial Review, 2(2), 276-281. https://europub.co.uk./articles/-A-1769