scholarly journals Effects of Market Reform on Facility Investment in Electric Power Industry: Panel Data Analysis of 27 Countries

2018 ◽  
Vol 10 (9) ◽  
pp. 3235 ◽  
Author(s):  
Juyong Lee ◽  
Youngsang Cho ◽  
Yoonmo Koo ◽  
Chansoo Park
Keyword(s):  
Electricity Market ◽  
Government Regulation ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Electric Power Industry ◽  
Market Reform ◽  
Positive Effects ◽  
Reserve Ratio ◽  
Base Load ◽  
Generation Facility

In this study, we analyzed the effects of electricity market reform on investment in generation facilities. We used the data of 27 OECD member countries and considered ownership structure, horizontal and vertical unbundling, change of transaction method, and government regulation as explanatory variables for market reform. We used four regression models, in which we examined the effects of market reform on the capacity of generation facilities, supply reserve ratio, total investment, and base-load share, respectively. For each panel regression model, we performed a Hausman test to identify the model between random effect and fixed effect. Based on the estimation results, we found that electricity market reform has a negative effect on generation facilities in most countries. Both privatization and regulation have negative impacts on the generation facility and base-load share. On the other hand, the level of liberalization of transactions have positive effects on the generation facility, supply reserve ratio, and base-load share. The empirical analysis also showed that horizontal unbundling does not have a meaningful effect on investment, but vertical unbundling contributes to increasing the supply reserve ratio.

Pricing effects of the electricity market reform in Brazil

2021 ◽  
pp. 105197
Author(s):  
Toby Daglish ◽  
Gabriel Godofredo Fiuza de Bragança ◽  
Sally Owen ◽  
Teresa Romano
Keyword(s):  
Electricity Market ◽  
Market Reform

Mindfulness- and Acceptance-Based Interventions for Stroke Survivors: A Systematic Review and Meta-Analysis

2021 ◽  
pp. 003435522110432
Author(s):  
Areum Han
Keyword(s):  
Systematic Review ◽  
Depressive Symptoms ◽  
Meta Analysis ◽  
Random Effect ◽  
Random Effect Model ◽  
Mental Fatigue ◽  
Stroke Survivors ◽  
Positive Effects ◽  
Meta Analyses

Objective: Mindfulness- and acceptance-based intervention (MABI) is an emerging evidenced-based practice, but no systematic review incorporating meta-analyses for MABIs in stroke survivors has been conducted. The objective of this systematic review was to measure the effectiveness of MABIs on outcomes in people with stroke. Method: Three electronic databases, including PubMed, CINAHL, and PsycINFO, were searched to identify relevant studies published in peer-reviewed journals. The methodological quality of the included studies was assessed. Data were extracted and combined in a meta-analysis with a random-effect model to compute the size of the intervention effect. Results: A total of 11 studies met the eligibility criteria. Meta-analyses found a small-to-moderate effect of MABIs on depressive symptoms (standardized mean difference [SMD] = 0.39, 95% confidence interval [CI] = [0.12, 0.66]) and a large effect on mental fatigue (SMD = 1.22, 95% CI = [0.57, 1.87]). No statistically significant effect of MABIs on anxiety, quality of life, and mindfulness was found, but there was a trend in favor of MABIs overall. Conclusions: This meta-analysis found positive effects of MABIs on depressive symptoms and mental fatigue in stroke survivors, but future high-quality studies are needed to guarantee treatment effects of MABIs on varied outcomes in stroke survivors.

Zie ik het of zie ik het niet?

2021 ◽  
Vol 49 (1) ◽  
pp. 51-83
Author(s):  
Jorre Vannieuwenhuyze ◽  
Karen Donders ◽  
Ike Picone
Keyword(s):  
European Union ◽  
Government Regulation ◽  
Video On Demand ◽  
The European Union ◽  
Content Type ◽  
Consumption Behavior ◽  
Local Content ◽  
Positive Effects ◽  
On Demand ◽  
The Impact

Abstract Do I see or not? A study on the impact of placement on program consumption in an on-demand environment The European Union (2018) stipulates that Member States can implement rules to ensure the findability and visibility of local content in video- on- demand environments. Indeed, several countries are concerned that their own audiovisual programs or journalistic products will be consumed less in such environments. It is argued that, in such environments, media users completely decide themselves about their consumption agency, but such statements are also contested. In this research we analyze the impact of placement on the consumption of audiovisual programs in the video-on-demand environments of the Flemish broadcasters VRT and DPG. From experimental research we conclude that there is indeed a significant impact of placement on consumption behavior and that, in other words, manipulations by intermediary gatekeepers can have potentially negative and positive effects on the consumption of local content. Government regulation would therefore be a useful tool to safeguard the importance of proximity of content.

scholarly journals Roadmap of retail electricity market reform in China: assisting in mitigating wind energy curtailment

2017 ◽  
Vol 52 ◽  
pp. 012031 ◽  
Author(s):  
Dezhao Yu ◽  
Huadong Qiu ◽  
Xiang Yuan ◽  
Yuan Li ◽  
Changzheng Shao ◽  
...  
Keyword(s):  
Wind Energy ◽  
Electricity Market ◽  
Market Reform

scholarly journals The Effect of Corruption on International Trade: A Case Study of Indonesian Trade to Nine Countries

2018 ◽  
Vol 13 (1) ◽  
Author(s):  
Danang Ibnu Atsir ◽  
Sunaryati Sunaryati
Keyword(s):  
International Trade ◽  
Maximum Likelihood ◽  
Gravity Model ◽  
Bilateral Trade ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Likelihood Method ◽  
Geographical Distance ◽  
Pseudo Maximum Likelihood

Corruption is a form of abuse of ethical authority by public officials, which is divided into two parts: bribery and forced collection. The effect of corruption like bribes and illegal levies is widespread in the public sector. One interesting investigation is the effect of corruption on international trade. Corruption becomes a barrier in international trade, where corruption plays a role in the access of trade goods and services from within and abroad. Using the gravity model, the focus of this research was the effect of corruption on international trade by taking a case study of Indonesia’s bilateral trade with its nine largest export destination countries. Using panel data, analysis tools used in this research were common effect, fixed effect, random effect and poisson pseudo maximum likelihood (PPML). In this research, it was found that geographical distance variable in its fixed units caused the omitted variable so that the error term correlated with independent variables. In order to overcome the problem, poisson pseudo maximum likelihood method was used in performing regression gravity model with linear log form, so the omitted variable issue on the geographical distance can be eliminated. The results of this research concluded that corruption played a role in international trade through bureaucratic mechanisms of trade and investment licensing and the effect of corruption was more detrimental to exporters.Keywords:   Gravity Model, Corruption, International Trade, Poisson Pseudo Maximum Likelihood (PPML).

Report: Wec Seminar on UK Electricity Market Reform 20th January 2011

2011 ◽  
Vol 22 (3) ◽  
pp. 321-322
Author(s):  
Sonja Boehmer-Christiansen
Keyword(s):  
Electricity Market ◽  
Market Reform

Analysis of Board Size and Firm Performance: Evidence from NSE Companies Using Panel Data Approach

2016 ◽  
Vol 9 (2) ◽  
pp. 148-172 ◽  
Author(s):  
Anjala Kalsie ◽  
Shikha Mittal Shrivastav
Keyword(s):  
Firm Performance ◽  
Panel Data ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Random Effect Model ◽  
Fixed Effect Model ◽  
Least Square ◽  
Empirical Literature ◽  
Board Size ◽  
Effect Model

This article seeks to examine the relationship between the board size and firm performance. Existing literature on board size is based on different theories of corporate governance. While agency theory and resource dependency theory suggest that the board size positively affects performance, stewardship theory favours smaller board size and argues that larger board size negatively impacts the firm performance. The present article adds to the empirical literature by employing panel data analysis of 145 non-financial companies listed in the NSE CNX 200 Index of India corresponding to 16 industries. The study is carried out for a period of five years from 2008 to 2012. The firm performance has been measured using Tobin’s Q and the market-to-book value ratio (MBVR) as market-based measures and return on assets (ROA) and return on capital employed (ROCE) as accounting-based measures. The fixed effect model, random effect model and feasible generalised least square (FGLS) regression models are applied to achieve the above-mentioned objectives. The results conclude that the board size has a positive and significant impact on the firm performance.

The pathway toward pollution mitigation in EU28 region: does bioenergy growth make a difference?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohd Alsaleh ◽  
A.S. Abdul-Rahim
Keyword(s):  
Carbon Dioxide ◽  
Carbon Dioxide Emissions ◽  
Fossil Fuel ◽  
Panel Data Analysis ◽  
Random Effect ◽  
Trade Openness ◽  
The Body ◽  
Least Square ◽  
Content Type ◽  
Improved Model

PurposeThis research explores the effect of bioenergy use on carbon dioxide releases in 28 European Union (EU-28) affiliated members starting from 1990 to 2018.Design/methodology/approachApplying panels' fixed effect (FE) estimator and random effect (RE) estimator, the regressed findings are highly validated as they were robust by panel least square dummy variable corrected (LSDVC) and pooled ordinary least square (Pooled OLS) estimators.FindingsThe findings claimed that carbon dioxide releases decrease with an incline in bioenergy use and trade openness. On the other hand, fossil-fuel and economic growth indicators mounting carbon dioxide releases. The result implies that carbon dioxide releases in EU-28 region members can be mitigated significantly by mounting the quantity bioenergy use in generation channel. This will mostly participate in combating environmental pollution.Practical implicationsThe study suggests for EU28 region members to enhance the portion of bioenergy in their fuel access to decrease emitted carbon dioxide. Governors in EU28 members should mainly encourage bioenergy expansion to raise its security and availability. The politicians of the EU28 members must assert on efficacy and productivity of bioenergy production to achieve energy accessibility and decrease dependency on conventional energy.Originality/valueThis research applies the recently improved model, the panel data analysis approach, which considered for the first-class impacts of estimators on the dependent variable and deals with the several problems of the common Pooled OLS estimator's manner and performance. Finally, this research contributes to the previous studies on ecological sustainability by examining the presence correlation among carbon dioxide emissions, bioenergy sustainability, trade openness, fossil fuel and gross domestic product in the EU28 region. Hence, it proves our research novelty, originality and contribution to the body of knowledge.

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