Biofuels and market power: The case of Swedish district heating
2004 (English)Report (Other academic)
This paper tests for market power on the market for biofuels, employing a statistical model and making use of the idea of Granger causality. We use a panel data set of plant specific input prices and quantities of wood chip covering 91 Swedish district heating plants 1990-1996. If quantity Granger causes price, it is taken as an indication of market power. We find that the Swedish district heating plants to some degree have market power in the market for wood chips.
Place, publisher, year, edition, pages
Umeå: Umeå universitet , 2004. Vol. 634, 14 p.
Umeå economic studies, ISSN 0348-1018 ; 634
market power, Granger causality, VAR, biofuel, district heating
IdentifiersURN: urn:nbn:se:umu:diva-4004OAI: oai:DiVA.org:umu-4004DiVA: diva2:142936
Distributor:Nationalekonomi, 90187, Umeå