Cross-border constraints, institutional changes and integration of the Dutch-German gas market
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- 作者：Gerard H. Kupera ; g.h.kuper@rug.nl" class="auth_mail" title="E-mail the corresponding author ; Machiel Muldera ; b ; machiel.mulder@acm.nl" class="auth_mail" title="E-mail the corresponding author
- 关键词：Gas market ; Regulation ; Cross-border infrastructure ; Time-series analysis
- 刊名：Energy Economics
- 出版年：2016
- 出版时间：January 2016
- 年：2016
- 卷：53
- 期：Complete
- 页码：182-192
- 全文大小：927 K
文摘
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The Dutch and German gas markets have become more integrated over the past years.
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We model integration as the impact of cross-border constraints on price differences.
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We analyse the institutional changes that have contributed to more integration.
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Improved connections within Germany contributed to integration with Dutch market.
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Liquidity-enhancing measures on TTF had a negligible effect on market integration.