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German Nuclear Phase-Out Policy : Effects on European Electricity Wholesale Prices, Emission Prices, Conventional Power Plant Investments and Electricity Trade
Traber, Thure; Kemfert, Claudia - 2012
The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these effects with a Electricity market model for Europe...
Persistent link: https://www.econbiz.de/10014167724
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The unemployment impact of product and labour market regulation : evidence from European countries
Piton, Céline; Rycx, François - 2018
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011871988
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The Impact of Policy Measures on Future Power Generation Portfolio and Infrastructure : A Combined Electricity and CCTS Investment and Dispatch Model (ELCO)
Mendelevitch, Roman - 2015
This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the energy-only market with different forms for national policy measures. We set up a two sector model where players can invest into various types of generation technologies including...
Persistent link: https://www.econbiz.de/10013011317
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Privatisation in developing countries : what are the lessons of recent experience?
Estrin, Saul; Pelletier, Adeline - 2016
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
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The impact of regulation on innovation
Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10012431121
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Impact of Renewable Energy Act Reform on Wind Project Finance
Tisdale, Matthew - 2014
The 2014 reform of the German Renewable Energy Act introduces a mandatory shift from a fixed feed-in tariff to a floating premium system. This is envisaged to create additional incentives for project developers, but also impacts revenues and costs for new investments in wind generation. Thus...
Persistent link: https://www.econbiz.de/10013052322
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Employment protection reforms, employment and the incidence of temporary jobs in Europe: 1995 - 2001
Kahn, Lawrence M. (contributor) - 2007
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...
Persistent link: https://www.econbiz.de/10003652681
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Impacts of the Clean Air Act on the power sector from 1938-1994: anticipation and adaptation
Clay, Karen; Jha, Akshaya; Lewis, Joshua; Severnini, … - 2021
The passage of landmark government regulation is often the culmination of evolving social pressure and incremental … policy change. During this process, firms may preemptively adjust behavior in anticipation of impending regulation, making it … 1970 Clean Air Act (CAA) on the power sector. This unique long panel provides us an extended pre-regulation benchmark …
Persistent link: https://www.econbiz.de/10012582425
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Economic Effects of Renewable Energy Expansion : A Model-Based Analysis for Germany
Blazejczak, Jürgen; Braun, Frauke G.; Edler, Dietmar; … - 2015
Increasing utilization of renewable energy sources (RES) is a priority worldwide. Germany has been a forerunner in the deployment of RES and has ambitious goals for the future. The support and use of renewables affects the economy: It creates business opportunities in sectors producing renewable...
Persistent link: https://www.econbiz.de/10014176825
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Rent building, rent sharing : a panel country-industry empirical analysis
Askenazy, Philippe; Cette, Gilbert; Maarek, Paul - 2012
, decrease with anti-competitive regulation in upstream sectors and increase with the industry specific output gap; ii) decrease … with the national output gap, increase with the national employment rate and decrease with employment protection regulation …
Persistent link: https://www.econbiz.de/10009534964