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What Determines Effectiveness of Renewable Energy Standards? General Equilibrium Analytical Model and Empirical Analysis

Fullerton, Don; Ta, Chi L. - National Bureau of Economic Research - 2022

Our new analytical general equilibrium model is used to study effects of tightening state Renewable Portfolio Standards (RPS) on electricity price, CO2 emissions, fossil fuel electricity generation, and two kinds of renewable generation. We show how those outcomes depend on key state...

Persistent link: https://www.econbiz.de/10012938752

Regulating Conglomerates in China : Evidence from an Energy Conservation Program

Chen, Qiaoyi; Chen, Zhao; Liu, Zhikuo; Suárez Serrato, … - National Bureau of Economic Research - 2021

We study a prominent energy regulation affecting large Chinese manufacturers that are part of broader conglomerates. Using detailed firm-level data and difference-in-differences research designs, we show that regulated firms cut output and shifted production to unregulated firms in the same...

Persistent link: https://www.econbiz.de/10012599356

Implications for Energy Innovation from the chemical industry

Arora, Ashish - 2010

The history of innovation in the chemical industry offers many insights for accelerating energy innovation. In this chapter, we begin by laying out the early history of the chemical industry for an overview of the role innovation has played in its development. We then explore three noteworthy...

Persistent link: https://www.econbiz.de/10012462976

Energy Efficiency Economics and Policy

Gillingham, Kenneth - 2009

Energy efficiency and conservation are considered key means for reducing greenhouse gas emissions and achieving other energy policy goals, but associated market behavior and policy responses have engendered debates in the economic literature. We review economic concepts underlying consumer...

Persistent link: https://www.econbiz.de/10012463618

The Effects of the Corporate Average Fuel Efficiency Standards

Goldbe, Pinelopi Koujianou - 1996

This paper examines the effects of the Corporate Average Fuel Efficiency standards (CAFE) on the automobile product mix, prices and fuel consumption First a discrete choice model of automobile demand and a continuous model of vehicle use are estimated using micro data from the Consumer...

Persistent link: https://www.econbiz.de/10012473169

The Distributional Effects of Building Energy Codes

Bruegge, Christopher D. - 2018

State-level building energy codes have been around for over 40 years, but recent empirical research has cast doubt on their effectiveness. A potential virtue of standards-based policies is that they may be less regressive than explicit taxes on energy consumption. However, this conjecture has...

Persistent link: https://www.econbiz.de/10012453502

Energy Efficiency Can Deliver for Climate Policy : Evidence from Machine Learning-Based Targeting

Christensen, Peter; Francisco, Paul; Myers, Erica; … - National Bureau of Economic Research - 2022

Building energy efficiency has been a cornerstone of greenhouse gas mitigation strategies for decades. However, impact evaluations have revealed that energy savings typically fall short of engineering model forecasts that currently guide funding decisions. This creates a resource allocation...

Persistent link: https://www.econbiz.de/10013388823

Breaking Routine for Energy Savings : An Appliance-level Analysis of Small Business Behavior under Dynamic Prices

Eom, Jiyong - 2020

Small businesses are typically committed to providing a positive customer experience and therefore may exhibit a response to dynamic electricity prices different from residential or industrial customers. We conduct a field experiment to determine the extent to which small businesses respond...

Persistent link: https://www.econbiz.de/10012481845

Industrial Policy, Employer Size, and Economic Performance in Sweden

Davis, Steven J. - 1995

, the national pension system, employment security laws and centralized wage setting in Sweden reinforced the distortionary … neutral set of policies and institutions, Sweden's employment distribution is sharply tilted away from lower wage industries … establishments. Compared to other OECD economies, Sweden has the lowest rate of self employment, a dominant role for larger firms …

Persistent link: https://www.econbiz.de/10012473640

Innovation and Productivity in SMEs : Empirical Evidence for Italy

Hall, Bronwyn H. - 2008

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation success from firm surveys along with the usual R&D...

Persistent link: https://www.econbiz.de/10012464055

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