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Soaking Up the Sun : Battery Investment, Renewable Energy, and Market Equilibrium
Butters, R. Andrew; Dorsey, Jackson; Gowrisankaran, Gautam - National Bureau of Economic Research - 2021
We develop a dynamic competitive equilibrium model of battery adoption and operations to evaluate the social value and … adoption trajectory of utility-scale batteries and examine policy counterfactuals. The first battery unit breaks even in 2027 … declines in aggregate capacity. California's 1,300 MW battery mandate implies subsidies of 49% and creates deadweight losses of …
Persistent link: https://www.econbiz.de/10012616581
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North-South Displacement Effects of Environmental Regulation : The Case of Battery Recycling
Tanaka, Shinsuke; Teshima, Kensuke; Verhoogen, Eric - National Bureau of Economic Research - 2021
battery recycling to Mexico and on infant health in Mexico. In the U.S., airborne lead dropped sharply near affected plants …, most of which were battery-recycling plants. Exports of used batteries to Mexico rose markedly. In Mexico, production … increased at battery-recycling plants, relative to comparable industries, and birth outcomes deteriorated within two miles of …
Persistent link: https://www.econbiz.de/10012616594
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A Structural Empirical Model of R&D Investment, Firm Heterogeneity, and Industry Evolution
Chen, Yanyou; Xu, Daniel Yi - National Bureau of Economic Research - 2022
This paper develops and estimates an industry equilibrium model of manufacturing plants in the Korean electric motor industry from 1991 to 1996. Plant-level decisions on R&D, physical capital investment, entry, and exit are integrated in a dynamic setting with knowledge spillovers. We use a...
Persistent link: https://www.econbiz.de/10012938702
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Future Paths of Electric Vehicle Adoption in the United States : Predictable Determinants, Obstacles and Opportunities
Archsmith, James E.; Muehlegger, Erich; Rapson, David S. - National Bureau of Economic Research - 2021
and battery cost declines, highlighting the importance of non-monetary factors (e.g. charging infrastructure, product …
Persistent link: https://www.econbiz.de/10012585417
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Designing Fuel-Economy Standards in Light of Electric Vehicles
Gillingham, Kenneth - National Bureau of Economic Research - 2021
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
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The Economics of Electric Vehicles
Rapson, David S.; Muehlegger, Erich - National Bureau of Economic Research - 2021
Electric vehicles (EVs) powered by renewable electricity are a centerpiece of efforts to decarbonize transportation. EV advocates also claim benefits from local pollution reductions, lower life-cycle costs to consumers, and improved energy security. We examine the theory and evidence behind...
Persistent link: https://www.econbiz.de/10012599383
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Energy Prices and Electric Vehicle Adoption
Bushnell, James B.; Muehlegger, Erich; Rapson, David S. - National Bureau of Economic Research - 2022
This paper presents evidence that gasoline prices have a larger effect on demand for electric vehicles (EVs) than electricity prices in California. We match a spatially-disaggregated panel dataset of monthly EV registration records to detailed records of gasoline and electricity prices in...
Persistent link: https://www.econbiz.de/10013172141
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The Electric Vehicle Transition and the Economics of Banning Gasoline Vehicles
Holland, Stephen P. - 2020
Electric vehicles have a unique potential to transform personal transportation. We analyze the transition to electric vehicles with a dynamic model that captures the falling costs of producing electric vehicles, the decreasing pollution from electricity generation, the increasing...
Persistent link: https://www.econbiz.de/10012479328
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What Does an Electric Vehicle Replace?
Xing, Jianwei - 2019
The emissions reductions from the adoption of a new transportation technology depend on the emissions from the new technology relative to those from the displaced technology. We evaluate the emissions reductions from electric vehicles (EVs) by identifying which vehicles would have been purchased...
Persistent link: https://www.econbiz.de/10012479721
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Should Electric Vehicle Drivers Pay a Mileage Tax?
Davis, Lucas W. - 2019
In many countries the revenue from gasoline taxes is used to fund highways and other transportation infrastructure. As the number of electric vehicles on the road increases, this raises questions about the effectiveness and equity of this financing mechanism. In this paper, we ask whether...
Persistent link: https://www.econbiz.de/10012480019