University of Calgary

Publications - 2006


"A Review on the Latest Empirical Works Associated with Explaining the Differences of Energy Efficiency Across-Nations over the World"

Khademvatani, Asgar

Can Contingent Valuation Solve the 'Adding-Up Problem' in Environmental Impact Assessment?

Bruce, Christopher

Chaotic Monetary Dynamics with Confidence

Serletis, Apostolos and Shintani, Mototsugu

"Crude Oil Price and Aggregate Economic Activity: Evidence from Canada’s Economy"

Khademvatani, Asgar

"Energy and the Alberta Economy: Past and Future Impacts and Implications", Institute for Sustainable Energy, Environment and Economy (ISEEE) Paper 1 - Alberta Energy Futures Working Paper

Schlenker, Ronald

Estimating a marriage matching model with spillover effects

Choo, Eugene and Siow, Aloysius

Financial Incentives and Gaming in Alcohol Treatment

Lu, Mingshan and Ma, Ching-to Albert

Fiscal Federalism and the Taxation of Non- renewable Resources

McKenzie, Kenneth James in Bird, Richard and Vaillancourt, Francois Perspectives on Fiscal Federalism

From Defining Characteristic To Vitiation Of Principle: The History Of The IOOF’s Sick Benefit And Its Implications For Studying American Fraternalism

Emery, Herbert

From Famine to Feast: The Evolution of Budgeting Rules in Alberta

Kneebone, Ronald D.

Giving with One Hand, Taking Away with the Other: Canada's Tax System and Research and Development, CD Howe Institute Commentary

McKenzie, Kenneth James

Holding companies, market liquidity, and the development of the electric power industry

Schrade. W. R. and Walls, W. D.

Holding companies, market liquidity, and the development of the electric power industry

Walls, W. D. and Schrade, W.

We argue in this paper that economics of financial market liquidity---and not the establishment of market power---led firms in the electricity business to choose holding companies as their preferred form of organization. Our empirical analysis shows that the holding company form of organization lowered the cost of capital to the electric power industry; the cost of capital was reduced because this organizational structure securitized companies, thus creating a tradeable financial asset where none existed previously. The incentive to reduce the cost of capital in the growing electric power industry was the most significant factor in the adoption of the holding company form of organization.


Housing and Canadian Children Development Outcomes

Ferrer, Ana, and Gagne, Lynda

Income Taxes, Integration and Income Trusts

McKenzie, Kenneth James

Income Trusts and Integration of Business and Investor Taxes: A Policy Analysis and Proposal

Mintz, Jack and Stephen Richardson

Integrated Modeling for River Basin Management: the Influence of Temporal and Spatial Scale in Economic Models of Water Allocation

Cutlac, I. Marius, He, Lixia and Horbulyk, Ted

Is it Better to Live in a Basement or an Attic? Analyzing the Costs and Benefits of a Union of Northwestern Ontario and Manitoba

Emery, Herbert, Di Matteo, Livio and English, Ryan

Kyoto in Question: A North-South-OPEC Model of Fossil Fuel Use and Greenhouse Gas Emissions. 1. Empirical Investigations in Trade and Investment; Tokyo, Japan; February (2006). 2. Small Open Economies in a Globalized World Conference; Rimini, Italy; August (2006). 3. Economics Education and Research Consortium 10th Aniversary Conference; Kiev, Ukraine; October

Gaisford, James and Sagidova, J.

Measuring Bank Branch Efficiency Using Data Envelopment Analysis: Managerial and Implementation Issues

Rowse, John and Howland, Murray

Modeling the Environmental Collaboration Process: A Deductive Approach

Bruce, Christopher

Myopic Deterrence Policies and the Instability of Low Crime Equilibria

Eaton, B. Curtis

On Hyperbolic Time Discounting in Exhaustible Resource Models: An Application to World Oil Resources

Rowse, John

Power plant investment in restructured markets

Walls, W. D., Ludwigson, J. and Rusco, F.

Investment opportunities in electric power generation have changed dramatically since electricity industry restructuring first began. In contrast to regulated utilities adding capacity in line with central planning and regulation, power plant investment is now more often made by independent companies who market power across multiple utility jurisdictions. Because the regulatory approval process is long and outcomes uncertain, developers often plan multiple options for a given development budget. As more information is revealed about the future prospects at different sites, options are abandoned sequentially until only projects that will be completed remain. In this paper we evaluate the decision to build new generation facilities in a changing and uncertain regulatory environment. We estimate hazard rates for new power plant projects using a database of generation projects in North America and examine in greater detail the development patterns in California and Texas, two states with very different regulatory regimes. We find that regulatory uncertainty significantly affects the pattern of development in the electric power generation industry.


Rates of Return to Investment in Skills Assessment and Residency Training of International Medical Graduates in Alberta

Emery, Herbert, Crutcher, Rodney A., Harrison, Alexandra and Wright, Howard

"Restructuring of Electric Power Supply Systems: Implications of Regulatory Reform Experience for Potential Reformers"

Khademvatani, Asgar

"Steam Assisted Gravity Drainage (SAGD): A Unique Alberta Success Story with Implications for Future Investment in Energy Innovation", Institute for Sustainable Energy, Environment and Economy (ISEEE) Paper 20 - Alberta Energy Futures Working Paper

Schlenker, Ronald

The Effect of Literacy on Immigrant Earnings

Ferrer, Ana, Green, David and Riddell, Craig

"The Missing Link: An Evaluation of the Proposed Northern Lights Transmission Project", Institute for Sustainable Energy, Environment and Economy (ISEEE) Paper 13 - Alberta Energy Futures Working Paper

Schlenker, Ronald

Who Marries Whom and Why

Choo, Eugene and Siow, Aloysius
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