The convergence of electricity prices in Europe
The convergence of electricity prices in Europe
复制标题
欧洲电价趋同
DOI:
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发表时间:
2007
期刊:
影响因子:
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通讯作者:
Terry Robinson
中科院分区:
文献类型:
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作者:
Terry Robinson
The ambition to create a single European market for electricity has been explicit since the Single European Act of 1988. This article investigates the degree to which this goal has been achieved in terms of the convergence of electricity prices. Two commonly used tests of convergence are applied, β-convergence and a cointegration test using annual electricity price data for nine European Union member states from 1978 to 2003. The results suggest that convergence did occur for most of the countries in the sample over this period.