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A Supply Function Competition Model for the Spanish Wholesale Electricity Market

dc.contributor.authorCiarreta Antuñano, Aitor ORCID
dc.contributor.authorEspinosa Alejos, María Paz ORCID
dc.date.accessioned2012-02-06T13:29:55Z
dc.date.available2012-02-06T13:29:55Z
dc.date.issued2005-10
dc.identifier.issn1988-088X
dc.identifier.urihttp://hdl.handle.net/10810/6736
dc.description.abstractWe model the Spanish wholesale market as a multiplant linear supply function competition model. According to the theory, the larger generators should have supply curves for each plant which are to the left of the supply curves of plants owned by smaller generators. We test this prediction for fuel plants using data from the Spanish Market Operator (OMEL) from May 2001 to December 2003. Our results indicate that the prediction of the model holds.es
dc.description.sponsorshipFinancial support from Ministerio de Ciencia y Tecnología (BEC2003-02084), UPV (9/UPV 00035.321-13560/2001), BBVA and IVIE is gratefully acknowledged.es
dc.language.isoenges
dc.publisherUniversity of the Basque Country, Department of Foundations of Economic Analysis IIes
dc.relationinfo:eu-repo/grantAgreement/MCYT/BEC2003-02084
dc.relation.ispartofseriesDFAEII 2005.18
dc.rightsinfo:eu-repo/semantics/openAccesses
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/*
dc.subjectsupply function competitiones
dc.subjectelectricity marketes
dc.titleA Supply Function Competition Model for the Spanish Wholesale Electricity Marketes
dc.typeinfo:eu-repo/semantics/workingPaperes
dc.rights.holderAttribution-NonCommercial-ShareAlike 3.0 Unported*
dc.subject.jelL11
dc.subject.jelL13
dc.subject.jelL51
dc.identifier.repecRePEc:ehu:dfaeii:200518es
dc.departamentoesFundamentos del análisis económico IIes_ES
dc.departamentoeuEkonomia analisiaren oinarriak IIes_ES
dc.subject.categoriaINDUSTRIAL ORGANIZATION
dc.subject.categoriaECONOMICS, ECONOMETRICS AND FINANCE


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Attribution-NonCommercial-ShareAlike 3.0 Unported
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-ShareAlike 3.0 Unported