The series "International Symposia in Economic Theory and Econometrics" publishes quality proceedings of conferences and symposia. Since all articles published in these volumes are refereed relative to the standards of the best journals, not all papers presented at the symposia are published in these proceedings volumes. Occasionally these volumes include articles that were not presented at a symposium or conference, but are of high quality and are relevant to the focus of the volume. The topics chosen for these volumes are those of particular research importance at the time of the selection...

Bringing together research and energy markets econometrics, this book collects the author's contributions in energy economics. It particularly applies advances in the field of applied econometrics to investigate a number of issues regarding energy markets, including the theory of storage and the efficient markets hypothesis.

Interfuel substitution is an issue that is an important topic of inquiry for many years, as governments around the world seek to set policies that are intended to restrain carbon emissions or steer economies toward or away from certain fuels. This title deals with this issue.

The revised edition of this book captures new developments in economics and finance. Turning its focus towards the application of Engle's (1982) autoregressive conditional heteroscedasticity (ARCH) in cutting-edge research and a discussion of whether energy prices reflect long memory, this book will keep readers up-to-date with current developments in the literature. It presents twenty-one empirical studies of econometric time series analysis of crude oil, natural gas and electricity markets in face of the rapidly changing dynamics of the energy markets. Amongst them, several studies employ...