A Robust Multivariate Long Run Analysis of European Electricity Prices

Research, Preprint OPEN
Pelagatti, Matteo; Bosco, Bruno; Parisio, Lucia; Baldi, Fabio;
(2007)
  • Publisher: Milano: Fondazione Eni Enrico Mattei (FEEM)
  • Subject: Interdependencies | Equilibrium Correction Model | C32 | D44 | C15 | L94 | Kointegration | EU-Staaten | European Electricity Prices, Cointegration, Interdependencies, Equilibrium Correction Model, Oil Prices | Großhandel | Elektrizitätswirtschaft | Q40 | European electricity prices, Cointegration, Interdependencies, Equilibrium Correction model, Oil prices, Robustness | Cointegration | Stromtarif | European Electricity Prices | Oil Prices
    • jel: jel:D44 | jel:C32 | jel:C15 | jel:L94 | jel:Q40
      ddc: ddc:330

This paper analyses the interdependencies existing in wholesale electricity prices in six major European countries. The results of our robust multivariate long run dynamic analysis reveal the presence of four highly integrated central European markets (France, Germany, ... View more
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