Number of the records: 1
Unintended consequences of interventions in electricity production and consumption
SYS 0273256 LBL 01206^^^^^2200205^^^450 005 20240529093452.4 014 $a 000463801800003 $2 WOS CC. CPCI-SSH 017 70
$a https://doi.org/10.18844/gjhss.v3i4.1509 $2 DOI 100 $a 20190716d2017 m y slo 03 ba 101 0-
$a eng 102 $a CY 200 1-
$a Unintended consequences of interventions in electricity production and consumption $f Ivan Sedliačik, Jaroslav Ďaďo $g rec. Çetin Bektaş 330 $a 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 463 -1
$1 001 umb_un_cat*0242607 $1 011 $a 2421-8030 $1 200 1 $a New trends and issues proceedings on humanities and social sciences $e 5th world conference on business, economics and management BEM 2016, Istanbul, 12-14 May 2016 $v Vol. 3, no. 4 (2017), pp. 16-22 $1 210 $a Nicosia $c Academic World Education & Research Center $d 2017 $1 710 11 $3 umb_un_auth*0258762 $a New trends and issues proceedings on humanities and social sciences $b world conference on business, economics and management BEM -2016 $d 5. $e Istanbul $f 12.-14.05.2016 606 0-
$3 umb_un_auth*0036645 $a hospodárska súťaž $X competition 606 0-
$3 umb_un_auth*0050727 $a intervencia $X intervention 606 0-
$3 umb_un_auth*0000846 $a ceny $X prices 608 $3 umb_un_auth*0273282 $a články $X journal articles 700 -1
$3 umb_un_auth*0224686 $a Sedliačik $b Ivan $p UMBEF04 $4 070 $9 50 $f 1975- $T Katedra financií a účtovníctva 701 -0
$3 umb_un_auth*0002769 $a Ďaďo $b Jaroslav $p UMBEF03 $4 070 $9 50 $f 1954- $T Katedra ekonomiky a manažmentu podniku 702 -1
$3 umb_un_auth*0269120 $a Bektaş $b Çetin $4 675 801 $a SK $b BB301 $g AACR2 $9 unimarc sk T85 $x existuji fulltexy
Number of the records: 1