TY - JOUR ID - 115290 TI - Well-developed Energy Exchange; A Pathway to an Economic Boom JO - International Journal of Management, Accounting and Economics JA - IJMAE LA - en SN - AU - Karimi, Mahmoud AU - Negini, Vali Allah Aeineh AD - MSc Student, Finance, Petroleum University of Technology, Ahvaz, Iran Y1 - 2016 PY - 2016 VL - 3 IS - 5 SP - 336 EP - 353 KW - Energy exchange KW - Development KW - Economic Growth DO - N2 - Energy exchange development is an integral part of economic development. The fact that extended provision and use of energy services is firmly associated with economic development leaves open how significant energy is as a causal factor in economic development, however; and on the other side energy sector development competes with other opportunities for scarce capital and opportunities for policy and institutional reform. In this paper we first give a brief conceptual introduction that seeks to depict the structure of the paper into three sections. We then show the importance of a well-functioning energy exchange as a key on the way of economic development. Next, we describe the most important pre-conditions for a well-developed energy exchange. Finally, we suggest some solutions that can accelerate the development process. The evidence shows regulations as the most important factor and government as the best supportive body in the development process. UR - https://www.ijmae.com/article_115290.html L1 - https://www.ijmae.com/article_115290_fa7907624529d94916ce0f5593eedc3f.pdf ER -