Showing 1 - 10 of 169
Understanding international differences in the emissions intensity of trade and production is essential to understanding the effects of greenhouse gas limitation policies. We develop data on emissions from 48 industrial sectors in 32 countries and estimate the CO2 emissions intensity of...
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We develop and test a model describing the influence of natural gas storage on the electricity forward premium. The model is constructed by linking the effect of gas storage on the higher moments of the distribution of electricity prices to an established model of the effect of those moments on...
Persistent link: https://www.econbiz.de/10004967636
Excessive peak load increases the transmission system’s vulnerability to reliability problems. One tactic for reducing peak loads is to increase the responsiveness of demand to changes in wholesale electricity prices. This research describes the Computer-Aided Home Energy Management (CAHEM)...
Persistent link: https://www.econbiz.de/10004967639
The Appalachian Regional Commission’s definition of the Appalachian region is the one used most often by scholars, politicians, and the popular press. The uncritical use of this definition of Appalachia raises issues of both selection bias and excess heterogeneity in regression analysis of...
Persistent link: https://www.econbiz.de/10010793604
This paper replicates and analyses a study by Hoover and Pecorino (2005) on federal spending in US states. H&P followed on path-breaking research by Atlas et al. (1995) in which evidence was claimed in favour of the "small state effect;" namely, that since every state is represented by two...
Persistent link: https://www.econbiz.de/10010797433
We measure the effect of resource sector dependence on long run income growth using the natural experiment of variation in coal endowments in a set of 409 relatively U.S. counties selected for homogeneity. Using a panel data set that extends over two separate boom and bust cycles (1970-2010), we...
Persistent link: https://www.econbiz.de/10010797440
The recent literature on the Heckscher-Ohlin-Vanek (HOV) model has concentrated on the production side, particularly the unrealistic assumptions of identical techniques and factor price equalization. However, less is known about the demand side. In this paper, we study the assumption of...
Persistent link: https://www.econbiz.de/10008509475
The Heckscher-Ohlin-Vanek (HOV) model allows us to analyze whether countries specialize in particular subsets of industries as they accumulate production factors. Davis and Weinstein (2001) provided evidence that global data supports the HOV model when production techniques are modified to...
Persistent link: https://www.econbiz.de/10008509477