Change search
Refine search result
567891011 351 - 400 of 855
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Rows per page
  • 5
  • 10
  • 20
  • 50
  • 100
  • 250
Sort
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Disputation date (earliest first)
  • Disputation date (latest first)
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Disputation date (earliest first)
  • Disputation date (latest first)
Select
The maximal number of hits you can export is 250. When you want to export more records please use the Create feeds function.
  • 351.
    Lindman, Åsa
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Söderholm, Patrik
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Wind power learning rates: a conceptual review and meta-analysis2012In: Energy Economics, ISSN 0140-9883, E-ISSN 1873-6181, Vol. 34, no 3, p. 754-761Article in journal (Refereed)
    Abstract [en]

    In energy system models endogenous technological change can be introduced by implement-ting so-called technology learning rates specifying the quantitative relationship between the cumulative experience of a technology and its cost. The objectives of this paper are to: (a) provide a conceptual review of learning curve model specifications; and (b) conduct a meta-analysis of wind power learning rates. This permits an assessment of a number of important specification and data issues that influence these learning rates. The econometric analysis builds on 113 estimates of the learning-by-doing rate presented in 35 studies. The meta-analy-sis indicates that the choice of the geographical domain of learning, and thus the assumed presence of learning spillovers, is an important determinant of wind power learning rates. We also find that the use of extended learning curve concepts, e.g., integrating public R&D effects, appears to result in lower learning rates than those generated by so-called single-factor learning curve studies. Overall the empirical findings suggest that future studies should pay increased attention to the issue of learning and knowledge spillovers in the renewable energy field, as well as to the interaction between technology learning and R&D efforts.

  • 352.
    Lindman, Åsa
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Söderholm, Patrik
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Wind power innovation and policy in Europe: a patent data approach2012In: Proceedings of the 12th IAEE European Energy Conference: Energy challenge and environmental sustainability, International Association for Energy Economics (IAEE) , 2012Conference paper (Refereed)
  • 353.
    Lindmark, Magnus
    et al.
    Department of Geography and Economic History, Umeå University.
    Nguyen Thu, Huong
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences. Division of Mathematical Statistics, Department of Mathematics, Stockholm University.
    Stage, Jesper
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Weak support for weak sustainability: Genuine savings and long-term wellbeing in Sweden, 1850 – 20002018In: Ecological Economics, ISSN 0921-8009, E-ISSN 1873-6106, Vol. 145, p. 339-345Article in journal (Refereed)
    Abstract [en]

    We study genuine savings as an indicator of long-term welfare for Sweden for the period 1850 to 2000. Sweden has developed long series of comprehensive ‘green’ national accounts for this entire period and is, therefore, interesting as a testing ground for the hypotheses linking green accounting and sustainability. We find support for the weakest of the hypotheses in the theoretical literature on weak sustainability and genuine savings, namely that genuine savings are correlated with future economic well-being. However, the stronger hypotheses in this literature are not supported: there is no one-to-one relationship between genuine savings and prosperity, there is no indication that the relationship becomes stronger for longer time horizons, or with more comprehensive savings measures. The findings suggest that genuine savings, at least as currently measured in national accounts and satellite accounts, may not be a good forward-looking indicator of future prosperity.

  • 354.
    Lindmark, Magnus
    et al.
    Department of Economic History, Umeå university, Umeå universitet.
    Stage, Jesper
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Thu, Huong Nguyen
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Weak support for weak sustainability: Genuine savings and long term wellbeing in Sweden, 1850 - 20002016Conference paper (Other academic)
    Abstract [en]

    In this paper, we study genuine savings as an indicator of long term welfare for Sweden for the period 1850 to 2000. Sweden has developed long series of comprehensive “green” national accounts for this entire period and is therefore interesting as a testing ground for the hypotheses linking green accounting and sustainability. We find support for the weakest of the hypotheses in the theoretical literature on weak sustainability and genuine savings, that genuine savings is correlated with future economic well-being. However, we find little support for any of the stronger hypotheses in the literature; there is no one-to-one relationship between genuine savings and prosperity, there is no indication that the relationship becomes stronger for longer time horizons, and other hypotheses linked to this literature are also rejected. The findings suggest that genuine savings, at least as currently measured in national accounts and satellite accounts, may not be a good predictor of future prosperity.

  • 355.
    Lissmyr, Marcus
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences.
    Skattning av byteskostnader på den svenska bankmarknaden2019Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    The Swedish banking sector is characterized by an oligopoly. Despite new actors andincreased digitizing, the major banks still have the majority of the market shares – whichmay be explained by switching costs. Thus the purpose of this thesis was to measure theswitching costs and its impact on price and competition within the banking sector. Thethesis was limited to the deposit market and subsequently eight banks. The switching costwere analysed through a quantitative and deductive method, using method technique –the value of the costs is estimated through data consisting of fees and market shares. Theresults shows a trend of stabilization on the price development within the bank sector overthe past ten years. Due to the switching costs the banking sector suffers from lock-ineffects, which dampens the competitiveness on the market. The results is in line withprevious studies where high switching costs exists within banks with high market shares– banks with low market shares has low switching costs.

  • 356.
    Lundgren, Tommy
    et al.
    Umeå University, Department of Economics, Centre for Environmental and Resource Economics.
    Stage, Jesper
    Department of Business, Economics and Law, Mid Sweden University, Sundsvall.
    Tangerås, Thomas
    Institutet för Näringslivsforskning.
    Carlén, Björn
    Statens väg- och transportforskningsinstitut, VTI.
    Energimarknaden, ägandet och klimatet2013Book (Refereed)
  • 357.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    A comparison of approaches towards measuring technical change: the case of Swedish newsprint production2005In: Forest Policy and Economics, ISSN 1389-9341, E-ISSN 1872-7050, Vol. 7, no 4, p. 563-577Article in journal (Refereed)
    Abstract [en]

    The purpose of this paper is to estimate and analyze technical change in the Swedish newsprint industry over the time period 1974-1994. Using a variable Translog cost function as the basis, three different approaches toward estimating technical change are developed: (a) the Tornqvist index, (b) the standard time trend specification, and (c) the general index approach. The empirical results indicate that considerable differences exist between the three approaches, both in terms of their mean estimates of technical change and in their variation over time. Finally, the main determinants of technical change in the Swedish newsprint industry are identified and used to explain the three technical change indices within a simple econometric model. The results indicate that capacity utilization has been the dominant determinant of technical change, but that regulatory intensity and output prices are also important determinants.

  • 358.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Analysis and projection of global iron ore trade: a panel data gravity model approach2018In: Mineral Economics, ISSN 2191-2203, E-ISSN 2191-2211, Vol. 31, no 1-2, p. 191-202Article in journal (Refereed)
    Abstract [en]

    In this study, an empirical model of global trade in iron ore is developed and applied. The empirical specification is based on the trade gravity theory in which the trade is determined by the income of the trading countries, the distance between the countries, and other characteristics of the countries. The model is specified allowing for country-specific effects. The estimation is performed with panel data for global bilateral iron ore trade flows from 1980 to 2016 including 121 countries and almost 14,000 observations. The results indicate a strong support of the gravity model hypotheses. On average, the trade value is projected to increase by approximately 5% per year up until 2035. The trade potential of iron ore is estimated to 410 million USD per year. Applied to forecasting and policy analysis, the results represent another worthwhile source of information providing an alternative view of the global trade in iron ore that can be helpful for decision-makers.

  • 359.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Avfallspolitiken måste fokusera på rätt saker2012In: Goeteborgs Fria Tidning, ISSN 1651-1190, Vol. 8, no 3, p. 8-11Article in journal (Other (popular science, discussion, etc.))
  • 360.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Changes in Namibia’s energy market2001In: Journal of Development Alternatives and Area Studies, ISSN 1651-9728, Vol. 20, no 1/2, p. 103-112Article in journal (Refereed)
  • 361.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Choice of location for investments in the European paper industry: the impact of wastepaper2001In: Resources, Conservation and Recycling, ISSN 0921-3449, E-ISSN 1879-0658, Vol. 33, no 3, p. 167-180Article in journal (Refereed)
    Abstract [en]

    This paper identifies and estimates the relative impact that factor input prices, output market size and agglomeration effects have on the choice of location for investment projects in the European pulp and paper industry, with special focus on the price of waste paper A conditional logit model was developed to fit investment projects across 16 European countries for the period 1985-95. The results suggest that factor input prices, in general, and the price for waste paper in particular, are neither a statistical nor an economic significant location determinant for a paper manufacturer. Furthermore, the results suggest that market size and agglomeration effects are considered more important than the price of raw material when an investment site is chosen.

  • 362.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Consequence analysis of changing market conditions for the Swedish sawmill industry2006Report (Other academic)
    Abstract [en]

    An applied partial equilibrium model of the forest cluster has been developed and implemented to assess the impact of changing market conditions for the sawmill industry in Sweden. The focus of this study was thus to analyse the sawmill industry and the interdependencies between the different sectors in the forest cluster. The dependencies and relationships between the sectors using forest-based raw materials implies that changing market conditions in one sector could have profound effects on the other sectors. In this research report the forest cluster is defined and a partial equilibrium model is developed and implemented (FCM) that simulates the results from changing market conditions for the sawmill industry and its effects on the other sectors in the forest cluster. Three scenarios are simulated using the FCM: (i) a ten percent decrease in demand for sawn wood products; (ii) a 30 percent decrease and; (iii) a ten percent increase. The results indicated that both production and consumption patterns are sensitive to changes in the demand for sawn wood products. There are also significant differences between different intermediate inputs and between different sectors in their responses to these changes. Also, certain sectors and inputs would gain market share while others would lose market shares. Changing output market conditions for the sawmill industry have significant effects on the factor prices and on the flow of intermediate inputs between the forest cluster sectors. In general, in the minor reduction and the worse case scenarios the price for sawlogs is reduced by between nine and 25 percent depending on scenario. Even a small reduction in the demand for sawn wood products has serious effects on the price formation and on the quantitative flows in the cluster. The factor prices for woodchips and sawdust increases by 21 and 34 percent, respectively, as a consequence of a 30 percent reduction in the demand for awn wood products while the price of sawlogs decrease by 25 percent. The reduced supply of the sawmill by-products, i.e., sawdust and woodchips, causes significant price increases forcing the woodboard industry to close down entirely. The forest value will, depending on scenario, decrease by as much as 5.5 billion SEK due to reductions in the demand for sawn wood products. The value of the forest is reduced since forest owners can not fully meet the reduced domestic demand by increasing export volumes. The difference between the sawlogs and pulpwood prices are diminishing considerately mainly as a result of a reduction in the demand for sawlogs from 160 SEK in the baseline scenario to only 51 SEK in the worst case scenario. This complicates the traditional classification between the two types of roundwood. What has traditionally been considered as sawlogs and primarily purchased by the sawmill industry are now close to being classified as “pulpwood” and can thus be diverted to the pulp and paper industry reinforcing the predicaments for the sawmill industry.

  • 363.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Cost structure of and the competition for forest-based biomass2006In: Scandinavian Journal of Forest Research, ISSN 0282-7581, E-ISSN 1651-1891, Vol. 21, no 3, p. 272-280Article in journal (Refereed)
    Abstract [en]

    Biomass has become a popular alternative to satisfy expanding energy demand and as a substitute for fossil fuels and phased-out nuclear energy in Europe. The European Union White Paper stipulates that the utilization of biomass shall increase to 1566 TWh by 2010. However it is often overlooked that the forest resources are already, to a large extent, used by the forest industries. When promoting biomass for energy generation the consequences for the forest industries also need to be considered. Sweden is an excellent case study, as there are vast quantities of forest resources, nuclear power is starting to be phased out, there are restrictions on expanding hydropower and the political desire exists to "set an example" with respect to carbon dioxide emissions. This paper attempts to estimate and analyse the supply of two types of forest resource, namely, roundwood and harvesting residues derived from final harvesting and commercial thinnings. Two separate supply curves are estimated: one forroundwood and one for harvesting residues. The cost structure is based on an economic-engineering approach where the separate cost components are constructed from the lowest cost element into aggregates for labour, capital, materials and overhead costs for each forest resource. The results indicate an unutilized economic supply of 12 TWh of harvesting residues in Sweden. However, after these 12 TWh have been recovered it becomes more profitable to use roundwood for energy purposes than to continue extracting further amounts of harvesting residues.

  • 364.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Dependencies between forest products sectors: a partial equilibrium analysis2007In: Forest products journal, ISSN 0015-7473, Vol. 57, no 9, p. 79-86Article in journal (Refereed)
    Abstract [en]

    An applied partial equilibrium model of the forest cluster has been developed and implemented to assess the impact ofchanging market conditions for the sawmill industry. The focus of this study was to analyze the sawmill industry and the interdependencies between the different sectors in the forest cluster. The dependencies and relationships between the sectors using forest-based raw materials implies that changing market conditions in one sector could have profound effects on other sectors. The analysis indicated that both production and consumption patterns are sensitive to changes in the demand for sawn wood products. There are also significant differences between different intermediate inputs and between different sectors in their responses to these changes. Also, certain sectors and inputs would gain market share while others would lose market shares. Furthermore, changing output market conditions for the sawmill industry have significant effects on the factor prices and on the flow of intermediate inputs between the forest cluster sectors. In general, the price for sawlogs is reduced by between 9 and 25 percent depending on scenario. Even a small reduction in the demand for sawn wood products has serious effects on the price formation and on the quantitative flows in the cluster.

  • 365.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Determinants of trade for forest fuels and products2009In: Energy, Economy, Environment: The Global View: 32nd IAEE International Conference, San Francisco CA, June 21-24, 2009, International Atomic Energy Agency. IAEA, Publications, Sales and Promotion Unit , 2009Conference paper (Refereed)
  • 366.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Empirical specification of cost reductions associated with accumulated knowledge in the Swedish kraft paper industry2008In: Forest Policy and Economics, ISSN 1389-9341, E-ISSN 1872-7050, Vol. 10, no 7-8, p. 460-466Article in journal (Refereed)
    Abstract [en]

    This paper presents an alternative approach in estimating the effect that technological knowledge has on the cost structure facing individual firms. The suggested method is applied to the Swedish kraft paper industry and relies on a comprehensive dataset for eight individual integrated kraft paper mills. The developed model is based on a two-step process. Step one, the estimation of a pure cost reduction index is derived using a flexible variable cost function which is utilising mill-specific dummy variables. In addition, this approach allows for an estimation of the pure unit cost reduction index that is devoid of scale and price effects which, if not dealt with can produce spurious results when estimating learning effects. Step two, is the estimation of a two factor dynamic learning curve model (2FDLC) using the estimated pure unit cost reduction index as dependent variable. The results suggest that the Swedish kraft paper industry has relatively little to gain in terms of cost reduction through a further technological learning. However, the method performed well, producing intuitive and statistically significant estimates indicating its usefulness in further analyses.

  • 367.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Energy Price Volatility: The Link between Fossil Energy and Woody Bioenergy2014Conference paper (Refereed)
  • 368.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    European trade in forest products and fuels2010In: Journal of Forest Economics, ISSN 1104-6899, E-ISSN 1618-1530, Vol. 16, no 3, p. 235-251Article in journal (Refereed)
    Abstract [en]

    The purpose has been to determine to what extent differences in net trade and revealed comparative advantage between EU member states could be explained by differences in forest endowments, domestic demand, energy policies and other country specific characteristics. An adopted model of the Heckscher-Ohlin theory, suggesting a direct relationship between a country's trade, forest endowments and income (HOV model), has been empirically estimated for three forest products (roundwood, chips & particles and wood fuel), 19 European countries and for the period 1994-2006. Both net export and an index of revealed comparative advantages was constructed and used as dependent variables. Moreover, different model specification was estimated using different measures of forest endowments. The results suggest that forest endowments are an important determinant for explaining differences in net trade of the included forest commodities. However, domestic demand, measured by income level, is not. Thus, the results provide mixed support for the HOV model

  • 369.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Factor demand and price sensitivity of forest-based biomass in the European energy and forest sectors2009In: Journal of Natural Resources Policy Research, ISSN 1939-0459, E-ISSN 1939-0467, Vol. 1, no 3, p. 229-239Article in journal (Refereed)
    Abstract [en]

    An increasing utilization of biomass is, in the short-term, one of the most realistic alternatives to meet the energy and the environmental goals established by the European Union. As a result, the demand for forest-based products from European forests will increase. However, glaringly little research effort has been made towards analyzing the price effect resulting from the increasing demand for forest-based biomass and how the relevant industry sectors adjust their input demands due to these price changes. The purpose of this paper is thus to provide a disaggregated and detailed empirical estimation and analysis of the various input demand elasticities, as well as of the relevant substitution elasticities. The model is estimated using a panel of 23 European countries for the period between 1999 and 2005, thus allowing for specific country effects. The results indicate that the energy sector is relatively more price sensitive in its input demand for fossil fuels compared to the fibrous fuel categories. Thus, higher fibrous input prices will have a relatively small effect on the quantity of fibrous inputs that the energy sector demands. The forest industry is comparatively more price sensitive in its procurement of fibrous inputs than the energy sector, and will therefore reduce its input demand relatively more as a consequence from a fibrous input price increase. Furthermore, the cross-price elasticities reveal some interesting findings. In general, the energy sector will increase its utilization of fossil fuels as a result of increasing fibrous input price. Conversely, the energy sector will increase the utilization of fibrous input relatively less as a consequence of increasing fossil fuel prices

  • 370.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Fuel choice for energy generation in the Swedish kraft pulp/paper industry2003In: Minerals & Energy - Raw Materials Report, ISSN 1404-1049, E-ISSN 1651-2286, Vol. 18, no 2, p. 16-23Article in journal (Refereed)
    Abstract [en]

    This article examines the economic possibilities for the Swedish pulp and paper industry in general and the kraft pulp industry in particular of increasing the share of internally generated energy by using readily available production residues such as black liquor. It is suggested that the industry's reliance on fossil fuels and purchased electricity has decreased over time, thereby reducing the impact of external energy prices on energy investments. The results suggest that the use of biomass will only increase to the point where the existing capacity to do so is met unless heavy investment subsidies are made available.

  • 371.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Glädjekalkyler kan locka till dyr energieffektivisering2009In: Dagens Industri, ISSN 0346-640X, p. 3-Article in journal (Other (popular science, discussion, etc.))
  • 372.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Investment behaviour in the European pulp and paper industry2003In: Scandinavian Journal of Forest Research, ISSN 0282-7581, E-ISSN 1651-1891, Vol. 18, no 2, p. 184-192Article in journal (Refereed)
    Abstract [en]

    This study analysed the location of investments in the European pulp and paper industry. Three continuous investment models were estimated allowing for fixed as well as random effects using data for 10 European countries over the period 1978-1995. The results indicated that labour wages, market size and agglomeration effects were the most important determinants of investment levels. The impacts of raw material prices were somewhat ambiguous. However, in the long run waste paper availability seems to matter in the sense of attracting investments. A comparison of the economic significance of changes in the costs of input factors with changes in the market size indicated that proximity to output markets had a larger impact on the decision to invest than proximity to abundant raw materials or cheap access to electricity and labour. Furthermore, the agglomeration coefficient indicated that the power of sunk costs is important.

  • 373.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Mikroekonomi: teori och tillämpning2010Book (Other (popular science, discussion, etc.))
    Abstract [sv]

    Mikroekonomi är det vetenskapsområde som analyserar hur marknader för olika varor eller tjänster fungerar. Många av de samhällsekonomiska problem som uppstår kan lättare förstås och lösas genom att tillämpa mikroekonomisk teori. Boken presenterar grundläggande begrepp, förhållanden och teorier som ligger till grund för hur individer eller hushåll fattar sina konsumtionsbeslut. Till detta kopplas hur företag fattar sina produktionsbeslut, det vill säga vad som ska produceras och hur det produceras.Boken inleds med en presentation av hur utbud och efterfrågan samspelar för att bestämma pris och kvantitet av en vara eller tjänst som handlas på en marknad. Detta följs av en djupare analys av nyttoteori och av produktionsteori som ligger till grund för utbudet och efterfrågan. Vidare presenteras hur avsteg från den ideala marknadsformen, fullständig konkurrens, kan ske och hur statligt marknadsingripande kan vara motiverat. Boken innehåller rikligt med diagram och figurer för att visuellt förklara flertalet av de ekonomiska förhållanden som presenteras.Mikroekonomi är skriven för att användas som lärobok i mikroekonomi på grundnivå för universitets- och högskolestudier. Den vänder sig även till en bred grupp av läsare utan förkunskaper i mikroekonomi.

  • 374.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Mikroekonomi: Teori och tillämpning2013 (ed. 2)Book (Other (popular science, discussion, etc.))
  • 375.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    On the existence of learning effects in Swedish kraft paper mills2003Report (Other academic)
    Abstract [en]

    This paper presents an alternative approach in estimating the effect learning has on the cost structure facing individual firms. The suggested method is applied to the Swedish kraft paper industry and relies on a comprehensive dataset for eight individual integrated kraft paper mills. The analysis is conducted through two steps. First, using a flexible cost function, utilizing mill-specific dummy variables, a cost reduction index can be estimated devoid of scale and price effects that if not dealt with can produce spurious results when estimating learning effects. The second step is to regress the estimated cost reduction index on the traditional determinants that are thought to influence the learning process. The results suggest that the Swedish kraft paper industry has relatively little to gain in terms of cost reduction through a further learning process. However, the method performed well, producing intuitive and statistically significant estimates indicating its usefulness in further analyses.

  • 376.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Outnyttjade samhällsekonomiska vinster inom byggsektorn2004Report (Other academic)
    Abstract [sv]

    Betydande kostnadsreduktioner för byggnaders och anläggningars uppförande och förvaltning kan frambringas genom att analysera byggnadsverkens livscykelkostnad. Minskat energibehov och annat resursutnyttjande tillsammans med ökad materialåtervinning ger dessutom upphov till lägre samhällsekonomiska kostnader. Det är därför en utomordentligt central uppgift för den politiska makten att skapa institutionella incitament som styr de enskilda aktörernas handlande i en riktning som gynnar hela samhället. Det är på så sätt den ekonomiska utvecklingen kan styras mot långsiktig miljömedvetenhet. Byggsektorn är en av de större aktörerna i den svenska ekonomin. Den totala byggverksamheten uppgick år 2003 till 125 miljarder SEK och sysselsatte 238 000 personer. Samma år byggdes det motsvarande drygt 160 000 kvm bruttoarea kontorsyta, cirka 1,2 miljoner kvm bruttoarea boyta i flerbostadshus och cirka 5 000 km statlig väg fick ny beläggning samtidigt som 370 km nybyggda eller förbättrade statliga vägar öppnades. Förvaltningskostnaden för denna produktion förväntas motsvara 270 miljarder SEK per år. Ställt i relation till den totala byggverksamhetens omfattning är det förvånande att förvaltningskostnaden inte åtnjuter större uppmärksamhet. Detta förefaller än mer förvånansvärt med tanke på byggnadernas och anläggningarnas förväntade livslängd. Livscykelkostnaden kan bestå av upp till 90 procent av förvaltningskostnader. För att samhällets resurser ska användas optimalt måste nya kriterier för livscykelekonomiska analyser utvecklas och konsekvent tillämpas vid, framför allt, offentlig upphandling av byggnadsverk. En genomgång av den svenska byggpolitiken måste ske och nya beslutsmodeller utvecklas för att de rättaavvägningarna ska kunna göras.

  • 377.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Paper recovery and investment behaviour in the European pulp and paper industry2000Licentiate thesis, comprehensive summary (Other academic)
    Abstract [en]

    This thesis consists of an introductory part followed by two self-contained papers both analysing the effect recovered paper has on the locational choice for investments in the European pulp and paper industry. In the first paper we develop a continuous Cobb-Douglas investment model with the purpose of finding and estimating the investment determinants for the European pulp and paper industry, with special focus on the impact of recovered paper. The analysis is carried out within a neo-classical locational framework in which firms minimise the production and transportation costs for both input factors and for output products. We use a panel of data consisting of ten European countries over the period 1978 to 1995. The results suggests that both short and long run aspects of wastepaper recovery tend not to be important determinants of investment activities in the pulp and paper industry, whereas the price of wood pulp and electricity together with existing capacity seem to be more important. In the second paper we employ a different approach to the same problem. In this paper we develop a conditional logit model and compile the number of investment projects that were scheduled to be finished in 16 European countries between 1985 and 1995. In contrast to the first paper, which used continuous data, this model employs discrete data for the dependent variable. A discrete variable counts the actual number of times a certain event has taken place, i.e., the number of investment projects. The same set of determinants as in the first paper is used to ease comparing the two papers. We further break down the investment projects into four paper grades, which allow us to analyse the effects of wastepaper in greater detail. The results suggest that factor input prices in general and the price for wastepaper in particular are neither statistically nor economically significant location determinants for a paper manufacturer. Furthermore, the results suggest that market size and agglomeration effects are more important than the price of raw materials for location. On the basis of the results from the two papers, we can conclude that the price of wastepaper is not an important determinant for the European pulp and paper industry when choosing investment sites. Price driven policies aimed at stimulating paper recovery may therefore fail to achieve increased investments in the industry. At the same time, both papers suggests that agglomeration effects, i.e., existing productive capacity, is an important determinant. The economic significance of the agglomeration coefficients suggests that the power of sunk costs is important. Investments are largely diverted to existing capacity and the ability to attract new establishments is limited.

  • 378.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Produktion och marknad: utdrag ur Mikroekonomi2018 (ed. 1)Book (Refereed)
  • 379.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Substitution and price effects from increased utilisation of forest-based biomass in the European energy sector2007In: From research to market development: 15th European Biomass Conference & Exhibition ; proceedings of the international conference held in Berlin, Germany, 7 - 11 May 2007 / [ed] K. Mariatis, Florence: ETA - Renewable Energies , 2007Conference paper (Refereed)
  • 380.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Så bromsar vi sopökningen2011In: Dagens SamhälleArticle in journal (Other (popular science, discussion, etc.))
  • 381.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    The role of wastepaper in the pulp and paper industry: investments, technical change and factor substitution2002Doctoral thesis, comprehensive summary (Other academic)
    Abstract [en]

    Environmental concerns, both public and private, has resulted in, among other things, an increased wastepaper recovery. The segment of the economy this has had a major impact on is the pulp and paper industry since they are the prime user of wastepaper in the production of paper and paperboard. This, together with the fact that the pulp and paper industry is one of the larger actors in the European economies, has raised the question whether the increasing wastepaper recovery has in any profound way altered the structure of the pulp and paper industry. Hence, the overall purpose of this dissertation is to analyse the alleged increased importance of wastepaper as an input factor in the production of new paper and paperboard products. Specifically, the impact wastepaper has on the pulp and paper industry is analysed from three different aspects: (a) investment behaviour; (b) technological change; and (c) input factor substitutability. The dissertation contains six detached papers of which the three first analyse the investment behaviour, while the remaining three analyse technical change and input factor substitution possibilities. Papers I-III attempts to answer the question whether wastepaper availability

  • 382.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    The supply of forest-based biomass for the energy sector: the case of Sweden2003Report (Other academic)
    Abstract [en]

    Biomass has become a popular alternative to fossil fuels in energy generation. Especially in Sweden, where vast quantities of forest resources are available, nuclear power is starting to be phased out, there are restrictions on expanding hydro power and there is the political will to "set an example" with respect to carbon dioxide emissions.These are the main drivers for the increased usage of biomass in energy generation. However, an issue often neglected is that domestic forest resources are already, to a large extent, used by the forest industries. By promoting biofuel the consequences for the forest industries need to be considered. This paper attempts to construct and analyze the supply of two types of forest resources, namely, roundwood and forest residues derived from either final harvest or commercial thinning operations. Two separate supply curves are constructed and estimated, one for pulp usable and the other for pulp unusable forest resources. The cost structure is based on an economic-engineering approach where the separate cost components are built up from the lowest cost element into aggregates for labor, capital, materials and overhead costs for each forest resource.The results indicate an untapped potential of 12 TWh of pulp unusable forest residues. However, after this 12 TWh has been recovered it becomes more profitable to use roundwood for energy purposes than to continue extracting further amounts of forest residues.

  • 383.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Utbudet av biobränslen på kort och lång sikt2009Report (Other academic)
    Abstract [sv]

    Syftet med rapporten är att ekonomiskt bedöma utbuden av biobränslen i Sverige. Detta sker genom att konstruera utbudskurvor för relevanta kategorier biomassa. Vidare sker bedömningar om de framtida utbuden med ett 10- respektive 25-årigt perspektiv bland annat för att tillåta en anpassning av skogs- och jordbruksektorns tekniska lösningar till effektivare tillvaratagande av biomassan. Förekomsten av regionala och international marknader inkluderas också i analysen. Modellen möjliggör en skattning av ett utbud för varje kategori biomassa. Dessa ligger sedan till grund när olika aggregerade utbudskurvor konstrueras. Resultaten pekar på ekonomiska möjligheter att öka uttagen av biomassa givet ett referenspris. Denna ökning är beroende av rådande prisnivå. Emellertid visar resultaten att tidigare studier överskattar uttagspotentialen varför en högre grad av tillförsikt måste ske vid utformningen av olika policy åtgärder.

  • 384.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Utvärdering av högskoleutbildningarna i nationalekonomi2012In: Ekonomisk Debatt, ISSN 0345-2646, no 5, p. 58-67Article in journal (Other (popular science, discussion, etc.))
  • 385.
    Lundmark, Robert
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Welfare and the case of recent mergers in the iron ore industry2004In: Mineral Economics, ISSN 2191-2203, E-ISSN 2191-2211, Vol. 19, no 2, p. 3-8Article in journal (Refereed)
  • 386.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Athanassiadis, Dimitris
    SLU Swedish University of Agricultural Sciences.
    Wetterlund, Elisabeth
    Luleå University of Technology, Department of Engineering Sciences and Mathematics, Energy Science.
    Supply assessment of forest biomass: A bottom-up approach for Sweden2015In: Biomass and Bioenergy, ISSN 0961-9534, E-ISSN 1873-2909, Vol. 75, p. 213-226Article in journal (Refereed)
    Abstract [en]

    As there is increasing interest in the use of biomass for energy in Sweden, the potential availability and harvesting costs of forest roundwood, harvesting residues and stumps were estimated up to the year 2069 in 10-year intervals, using a high spatial resolution GIS. In each individual forest area, an average harvesting cost per forest assortment was estimated, based on the geographic and other properties of the area. Using cost structure and resource availability, marginal cost curves were constructed to allow analyses of the effects of changing market conditions and different policy frameworks. Based on geographically explicit data, the results indicated that the average harvesting costs would be 21–24 € m−3 for roundwood, depending on the type of harvesting and extraction operation. The corresponding cost estimate for harvesting residues was 23–25 € m−3 and 35 € m−3 for stumps. The harvesting cost estimates lie on the steeper part of the marginal cost curve, suggesting that increases in the supply of woody biomass can only occur at significantly higher harvesting costs. From a policy perspective, this suggests that subsidies aimed at reducing the harvesting costs will only have limited success in increasing the harvested volumes, given current technology. Therefore, for future development in the supply of forest assortments for energy generation, it is important to consider not only the supply potential, but also the integration of improvements in harvesting and transportation systems.

  • 387.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Bäckström, Kristoffer
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Bioenergy innovation and energy policy2015In: Economics of Innovation and New Technology, ISSN 1043-8599, E-ISSN 1476-8364, Vol. 24, no 8, p. 755-775Article in journal (Refereed)
    Abstract [en]

    Using panel data on 13 OECD countries between 1979 and 2008 this paper examines the affect climate and energy policies have had on the rate of biotechnology innovations. The explanatory variables include a vector of important determinants of patenting activity for biotechnologies (e.g. specific and general research and development expenditures, energy consumption, energy prices and total number of registered patents). Fixed effects are employed to capture unobservable country-specific heterogeneity using a negative binomial model. The empirical results indicate that policies are important for stimulating innovations in biotechnologies. The development of feed-in-tariffs (FITs) and the implementation of tradable green certificates have had a positive and statistically significant impact on patent activity. The economic impact of green certificates is found to be larger than that of FITs. In addition, R&D activities have also had a positive and statistically significant effect on innovation.

  • 388.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Bäckström, Kristoffer
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Bioenergy innovation and the role of energy and climate policies2012Conference paper (Refereed)
  • 389.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Forsell, Nicklas
    International Institute for Applied Systems Analysis.
    Leduc, Sylvain
    International Institute for Applied Systems Analysis.
    Lundgren, Joakim
    Luleå University of Technology, Department of Engineering Sciences and Mathematics, Energy Science.
    Ouraich, Ismail
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Pettersson, Karin
    Rise.
    Wetterlund, Elisabeth
    Luleå University of Technology, Department of Engineering Sciences and Mathematics, Energy Science.
    Large-scale implementation of biorefineries: New value chains, products and efficient biomass feedstock utilisation2018Report (Other (popular science, discussion, etc.))
  • 390.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Hjalmarsson, Lennart
    Göteborgs universitet.
    Skatt i retur2009Book (Other (popular science, discussion, etc.))
  • 391.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Mansikkasalo, Anna
    European trade of forest products in the presence of EU policy2009In: Journal of Cleaner Production, ISSN 0959-6526, E-ISSN 1879-1786, Vol. 17, no Suppl. 1, p. 18-26Article in journal (Refereed)
    Abstract [en]

    Increasing the share of renewable energy is of principal concern for the EU energy policy. A number of policies have been adopted, and, in part, been implemented by the EU member countries. An increasing share of renewable energy implies an increasing utilisation of biofuels in general and of forest-based biomass in particular. However, in the EU, the endowment and uses of forest-base biomass are diverse suggesting that an increasing trade would become necessary in order to cost effectively increase the utilisation of forest-based biomass. The purpose of this study is to, in the presence of EU energy policy, quantify and analyse possible trade levels for forest fuels in the EU. Particularly, the consequences on trade after implementing the White Paper and the RES-E Directive are analysed. Investigating the European trade in forest fuels is important for understanding how industry sectors in the EU will be affected by the policies. The results suggest that the implementation of the White Paper and the RES-E Directive will increase the trade in forest fuels, resulting in total trade increases of up to 67 percent. Furthermore, the national net trading levels are possible to derive. Depending on policy implementation the results differ - a country that was net importing given the White Paper implementation can instead be net exporting when applying the RES-E Directive. The fact that the policy implementations will increase the trade may mitigate potential industry problems to secure the needed inputs. On the other hand, the integration of countries increases the possibility for some industries to increase their production even more, possibly strengthening any input scarcity problems. It is therefore not possible to generally conclude if a more integrated European forest fuel market, and hence an increased European forest fuel trade, will mitigate industry problems to secure their needed inputs or not.

  • 392.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Nilsson, Mats
    Increasing rates of paper recycling and the locational behaviour of newsprint producing facilities in Europe2001In: Journal of Forest Economics, ISSN 1104-6899, E-ISSN 1618-1530, Vol. 7, no 3, p. 245-262Article in journal (Refereed)
    Abstract [en]

    This paper determines the impact wastepaper recovery has on the investment decision for the European pulp and paper industry, with an emphasis on newsprint production. It begins by describing the changes in newsprint production and wastepaper recovery that occurred in the past two decades. A formal model to test the hypothesized implication of increasing wastepaper recovery on the locational choice is then outlined and empirically tested on data from 13 European countries (Austria, Belgium, Finland, France, Germany, Greece, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland and UK). We found a clear correlation between wastepaper recovery and the locational choice for newsprint investment projects, and suggest that this should have policy implications for the recycling of paper. That is, policies that increase wastepaper recovery will have a positive effect on the probability to attract newsprint investment projects.

  • 393.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Nilsson, Mats
    Swedish Energy Agency.
    What do economic simulations tell us?: recent mergers in the iron ore industry2004In: Resources policy, ISSN 0301-4207, E-ISSN 1873-7641, Vol. 29, no 3-4, p. 111-118Article in journal (Refereed)
    Abstract [en]

    This paper investigates the European Commission's decision to allow a merger between two Brazilian iron ore mining companies, CVRD and Caemi, using data on the Direct Reduced Iron pellet market. By using a simulation model, we can directly simulate the total welfare effects from the merger and hence evaluate the merger from a new perspective. The results from our simulations suggest that the welfare effects are negative from the merger between CVRD and Caemi, which supports the conclusion drawn by the European Commission decision. By performing different simulations between hypothetical merger candidates, our results show that only mergers between small candidates have the potential to be welfare enhancing.

  • 394.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Nilsson, Mats
    Vattenfall.
    Gustafsson, Kristian
    Vattenfall.
    Evaluation of the liberalisation process of the Swedish electricity market2007Report (Other academic)
    Abstract [en]

    The purpose of this pre-study is to map the literature covering the liberalisation of the Swedish electricity market, elaborating on the possible consensus, as well as highlight any patterns that may explain differences in opinions. Moreover, the aim is to present material that accommodates decisions on the directions further research in the social sciences on the electricity market may take.

  • 395.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Olofsson, Casper
    Luleå tekniska universiet.
    Joel, Wadsten
    Luleå tekniska universiet.
    Renewable energy trade in Europe: Efficient use of biofuels2017Conference paper (Refereed)
  • 396.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Olsson, Anna
    Factor substitution and procurement competition for forest resources in Sweden2015In: International Journal of Production Economics, ISSN 0925-5273, E-ISSN 1873-7579, Vol. 169, p. 99-109Article in journal (Refereed)
    Abstract [en]

    The utilisation of forest resources in the energy sector has been increasing, partly caused by economic policies introduced to reduce the emission of greenhouse gases. This in turn has led to an increase in the procurement competition between the forest industries and the energy sector. A translog cost function approach is used to analyse the factor substitution in the sawmill industry, the pulp and paper industry and the heating industry in Sweden over the period 1970–2008. The estimated parameters are used to calculate the Allen and Morishima elasticities of substitution as well as the price elasticities of input demand. The results indicate that it is easier for the heating industry to substitutes between by-products and logging residues than it is for the pulp and paper industry to substitute between by-products and roundwood. This suggests that the pulp and paper industry could suffer from an increase in the procurement competition. However, overall the substitutions elasticities estimated in our study are relatively low. This indicates that substitution possibilities could be rather limited due to rigidities in input prices. This result suggests that competition of forest resources also might be relatively limited.

  • 397.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Ouraich, Ismail
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Nolander, Carl
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Andersson, Stefan
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Olofsson, Elias
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Bryngemark, Elina
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Wetterlund, Elisabeth
    Luleå University of Technology, Department of Engineering Sciences and Mathematics, Energy Science.
    Lundgren, Joakim
    Luleå University of Technology, Department of Engineering Sciences and Mathematics, Energy Science.
    Leduc, Sylvain
    International Institute for Applied Systems Analysis, Österrike.
    Forsell, Nicklas
    International Institute for Applied Systems Analysis, Österrike.
    Kindermann, Georg
    International Institute for Applied Systems Analysis, Österrike.
    Pettersson, Karin
    Chamlers tekniska högskola.
    Projekt: Storskalig utbyggnad av bioraffinaderier: Nya värdekedjor, produkter och effektivt utnyttjande av skoglig biomassa2016Other (Other (popular science, discussion, etc.))
    Abstract [sv]

    Utvecklingen av kommersiella bioraffinaderikoncept är av strategisk betydelse för Sveriges utveckling till en biobaserad ekonomi. Bioraffinaderier bidrar till att ersätta fossila med biobaserade råvaror. Dessutom bidrar de till en smartare användning av biomassa, ökat förädlingsvärde samt utvecklingspotentialen av nya bioprodukter. Tekniska potentialer och industriella tillämpningar sammanlänkas med råvaruförsörjning samt marknads-, innovations- och policyaspekter. Projektet är tvärvetenskapligt och omfattar integration av modeller som kan redogöra för samspelet mellan olika sektorer, som inkluderar geografiska variationer av utbud och efterfrågan av skoglig biomassa, och som kan fånga effekterna av förändrade marknadsvillkor och styrmedel. För modellintegrationen kommer verktyg tas fram för att underlätta kommunikation och återkoppling mellan de ingående modellerna. Projektet syftar till att generera ny kunskap och ett modellramverk för avancerade systemanalyser relaterade till (i) den svenska biomassa och dess roll i ett hållbart energisystem och (ii) industriell omvandling av processindustrin i riktning mot ett framtida bioraffinaderi branschen. Genomförandefasen bygger på tre uppgiftsområden.

  • 398.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Pettersson, Fredrik
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Investment decisions and uncertainty in the power generation sector2008In: IAEE International Energy Conference: Bridging Energy Supply and Demand: Logistics, Competition and Environment, IAEE , 2008, p. 1-14Conference paper (Refereed)
    Abstract [en]

    The purpose of this paper has been to analyse how increased market uncertainties affects the timing and technological choice of investment projects in the power sector with focus on the Swedish situation using two different investment behavioural assumptions. The investment model assumes stochastic input prices (fuel prices), output price (electricity) and emission permit price. In addition, the green certificate scheme presently used in Sweden is deterministically incorporated in the model. The technology choices included are offshore wind power, gas-fired power and biomass power. The results suggests that biopower is the most likely technology choice under both investment behavioural assumptions and regardless if investment timing, driven by the policies. The likelihood of choosing gas power increases over time and likelihood of choosing wind power decreases over time, driven by the relative capital requirements per unit of output for the two technologies. Wind power would benefit is a lower discount rate is used.

  • 399.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Pettersson, Fredrik
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    The economics of power generation technology choice and investment timing in the presence of policy uncertainty2012In: Low Carbon Economy, ISSN 2158-7000, E-ISSN 2158-7019, Vol. 3, no 1Article in journal (Refereed)
    Abstract [en]

    The purpose of this study is to analyze how market and policy uncertainties affect the general profitability of new investments in the power sector, and investigate the associated investment timing and technology choices. We develop an economic model for new investments in three competing energy technologies in the Swedish electric power sector. The model takes into account the policy impacts of the EU ETS and the Swedish green certificate scheme. By simulating and modeling policy effects through stochastic prices the results suggest that bio-fuelled power is the most profitable technology choice in the presence of existing policy instruments and under our assumptions. The likelihood of choosing gas power increases over time at the expense of wind power due to the relative capital requirement per unit of output for these technologies. Overall the results indicate that the economic incentives to postpone investments into the future are significant.

  • 400.
    Lundmark, Robert
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Samakovlis, Eva
    Konjunkturinstitutet.
    Avfall: Återvinna, bränna eller slänga?2011 (ed. 1)Book (Other academic)
567891011 351 - 400 of 855
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf