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This study investigates the connection between rent-seeking behaviour, corruption activity and quality of institutions … seems to have generated a growth of corruption activity, arisen from the opportunity of rent extraction. In particular … concentrated and administrative procedures are more complicated. To determine the causal effect of the subsidies on corruption, the …
Persistent link: https://www.econbiz.de/10012952686
This study investigates the connection between rent-seeking behaviour, corruption activity and quality of institutions … seems to have generated a growth of corruption activity, arisen from the opportunity of rent extraction. In particular … concentrated and administrative procedures are more complicated. To determine the causal effect of the subsidies on corruption, the …
Persistent link: https://www.econbiz.de/10011816736
Minimum prices above the market level can lead to ineffcient production and oversupply. We investigate whether this effect is even more pronounced when decision makers are influenced by their social environment. Using data of minimum prices for renewable energy production in Germany, we analyze...
Persistent link: https://www.econbiz.de/10011492206
We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...
Persistent link: https://www.econbiz.de/10014284675
This contribution discusses WTO subsidies disciplines in the context of the energy sector. After laying out the relevant disciplines, it will discuss the paradox of WTO law with respect to subsidies towards fossil fuels vis-à-vis those towards renewable energy. It is clear that subsidies on...
Persistent link: https://www.econbiz.de/10014125055
can use a high subsidy to reduce or even avoid potentially stranded assets in the next period. With endogenous reelection …
Persistent link: https://www.econbiz.de/10014486660
Renewable energy subsidies are crucial for combatting climate change, and yet the world’s international legal … infrastructure is not designed to accommodate such subsidies. The world needs a renewable energy sector to develop and implement the … against each other: cultivation of renewable energy and prevention of unfair trade practices. The World Trade Organization …
Persistent link: https://www.econbiz.de/10014130983
Despite the success of many countries in increasing energy saving and energy efficiency, the global energy consumption is expected to continue its growth. The main reasons are economic development and population growth happening primarily in developing and emerging economies, especially in India...
Persistent link: https://www.econbiz.de/10012986862
This study develops a generalized evaluation framework that can be used to quantify the financial, economic, stakeholder, and environmental impacts of renewable energy support programs. The application of this framework is demonstrated by evaluating the Feed-In Tariff (FIT) program for solar...
Persistent link: https://www.econbiz.de/10014455310
Electricity consumption will comprise an increasing share of global energy demand during the next two decades. In recent years, the increasing prices of fossil fuels and concerns about the environmental consequences of greenhouse gas emissions have renewed the interest in the development of...
Persistent link: https://www.econbiz.de/10010350361