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evidence. Using a novel dataset of 20,000 geo-tagged structures in rural Western Kenya, we provide descriptive evidence that …
Persistent link: https://www.econbiz.de/10012458340
markets lead to outcomes (prices and investment) that are not first-best, it even fails to achieve the second-best optimum … given the constraint of time-invariant pricing. We then show that attempts to correct the level of investment through taxes … necessarily reduce capacity investment, and it is likely to harm customers that are already on RTP …
Persistent link: https://www.econbiz.de/10012468774
We examine the performance attributes of a merchant transmission investment framework that relies on market driven …' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent … set of assumptions, the merchant investment model has a remarkable set of attributes that appear to solve the natural …
Persistent link: https://www.econbiz.de/10012469168
Electricity cannot be cost-effectively stored even for short periods of time. Consequently, wholesale electricity prices vary widely across hours of the day with peak prices frequently exceeding off-peak prices by a factor of ten or more. Most analyses of energy-efficiency policies ignore this...
Persistent link: https://www.econbiz.de/10012455584
Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous covariance matrix of hourly output and revenues across all wind and solar locations in the state. Annual...
Persistent link: https://www.econbiz.de/10012456183
Kenya, we show that households exhibit non-transitive preferences consistent with behavioral features such as loss aversion …
Persistent link: https://www.econbiz.de/10012938721
We present the results from a field experiment on team diversity. Individuals working as door-to-door canvassers for a non-profit organization were randomly assigned a teammate, a supervisor, and a list of individuals to canvass. This created random variation within teams in the degree of...
Persistent link: https://www.econbiz.de/10012510534
using a natural experiment in India as well as data from China, Indonesia, the Philippines, South Africa, and Kenya …
Persistent link: https://www.econbiz.de/10012510577
Violent conflicts, particularly at election times in Africa, are a common cause of instability and economic disruption. This paper studies how firms react to electoral violence using the case of Kenyan flower exporters during the 2008 post-election violence as an example. The violence induced a...
Persistent link: https://www.econbiz.de/10012629517
line with economic theory favoring direct cash transfers, in a randomized experiment in Kenya 95% of urban recipients … prefer mobile money over electricity transfers of a similar monetary value. But Kenya is an outlier with high mobile money …
Persistent link: https://www.econbiz.de/10012599376