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Unintended consequences of interventions in electricity production and consumption
Title Unintended consequences of interventions in electricity production and consumption Author info Ivan Sedliačik, Jaroslav Ďaďo; rec. Çetin Bektaş Author Sedliačik Ivan 1975- (50%) UMBEF04 - Katedra financií a účtovníctva
Co-authors Ďaďo Jaroslav 1954- (50%) UMBEF03 - Katedra ekonomiky a manažmentu podniku
Another authors Bektaş Çetin (Recenzent)
Source document New trends and issues proceedings on humanities and social sciences : 5th world conference on business, economics and management BEM 2016, Istanbul, 12-14 May 2016. Vol. 3, no. 4 (2017), pp. 16-22. - Nicosia : Academic World Education & Research Center, 2017 ; New trends and issues proceedings on humanities and social sciences world conference on business, economics and management BEM -2016 Keywords hospodárska súťaž - competition intervencia - intervention ceny - prices Form. Descr. články - journal articles Language English Country Cyprus Annotation Government interventions are contradictory theme in economic science. Subsidies and price control in electricity production and consumption are justified to "treat" negative externalities such as climate changes, security of supplies, innovation or unemployment issues. Many authors contradict such a treatment and prove to be ineffective. Our main focus in this article is to analyze interventions and their consequences in electricity market in Slovakia. We refer to claim of Mises, that intervention produces unintended consequences, leads to escalating price fixing and at the end it eliminates the market altogether. We examined intention, goals and tools of Slovak regulatory agency and proved those are unduly determined and will not lead to desired ends. We have proved that real outcomes of this policy had led to unintended consequences such as excess of production facilities, declining prices of electricity, decreased profitability of all producers and exit from market of marginal produ Public work category AFC No. of Archival Copy 45508 Repercussion category NASSER, Ahmed Abdel - RASHAD, Magdi Z. - HUSSEIN, Sherif E. A two-layer water demand prediction system in urban areas based on micro-services and LSTM neural networks. In IEEE Access. ISSN 2169-3536, 2020, vol. 8, pp. 147647-147661.
MAVI, Duygu - ERBAY, Filiz. The effect of mobile and information technologies on the language development design of preschool children : a meta-analysis and meta-synthesis study. In Journal of universal computer science. ISSN 0948-695X, 2020, vol. 27, no. 5, pp. 498-523.
Catal.org. BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici Database xpca - PUBLIKAČNÁ ČINNOSŤ unrecognised
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