OAR@UM Community: /library/oar/handle/123456789/27613 Thu, 25 Dec 2025 16:54:21 GMT 2025-12-25T16:54:21Z OAR@UM Community: :443/library/oar/retrieve/3979733e-b24e-4d0c-b329-824147b8a7ea/ /library/oar/handle/123456789/27613 The macroeconomic effects of efficiency gains in electricity production in Malta /library/oar/handle/123456789/33397 Title: The macroeconomic effects of efficiency gains in electricity production in Malta Abstract: This note studies the impact energy market reforms might have on the Maltese economy in the medium-to-long run using a DSGE model. Contrary to previous studies, this note takes in consideration the changes in the marginal cost of electricity production of Enemalta under a number of energy production setups. Results show that the decommissioning of the Marsa power plant and the installation of an undersea interconnector results in a fall in marginal costs, and therefore an increase in long run output, under both baseline and high oil price scenarios ranging between 1.61% and 2.53%. This energy setup is however consistent with an increase in marginal costs, and therefore a fall in long run output of 0.41% in the case of a low oil price scenario. The future setup of natural gas fired turbines results in a fall in marginal costs and an increase in long run output in all oil price scenarios, ranging between 0.81% in the low oil price scenario to 3.00% in case of high oil prices. Tue, 01 Aug 2017 00:00:00 GMT /library/oar/handle/123456789/33397 2017-08-01T00:00:00Z Supplement to the Central Bank of Malta Quarterly Review : 2013 : 3 /library/oar/handle/123456789/17215 Title: Supplement to the Central Bank of Malta Quarterly Review : 2013 : 3 Abstract: The supplement includes information on developments in GDP in the third quarter of 2013, based on data which became available after the Review was prepared. Economic activity slowed down, with the annual rate of GDP growth moderating to 1.9 percent, after having expanded by a revised 3.3 percent in the previous quarter. Tue, 01 Jan 2013 00:00:00 GMT /library/oar/handle/123456789/17215 2013-01-01T00:00:00Z Supplement to the Central Bank of Malta Quarterly Review : 2015 : 2 /library/oar/handle/123456789/17214 Title: Supplement to the Central Bank of Malta Quarterly Review : 2015 : 2 Abstract: The supplement includes information on developments in GDP, whereby during the second quarter of 2015, annual real GDP growth accelerated to 5.2%, from an upwardly-revised growth rate of 4.9% in the previous quarter. Thu, 01 Jan 2015 00:00:00 GMT /library/oar/handle/123456789/17214 2015-01-01T00:00:00Z Supplement to the Central Bank of Malta Quarterly Review : 2015 : 1 /library/oar/handle/123456789/17213 Title: Supplement to the Central Bank of Malta Quarterly Review : 2015 : 1 Abstract: The supplement includes information on developments in GDP in the first quarter of 2015. Economic activity remained robust, with real GDP expanding by 4.0 percent on a year earlier, driven by net exports. Thu, 01 Jan 2015 00:00:00 GMT /library/oar/handle/123456789/17213 2015-01-01T00:00:00Z