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We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private … distortions from underinvestment in energy efficiency. Discrete choice simulations of the auto market suggest that the Internality … consumers marginal to each instrument. Because consumers who undervalue energy costs are mechanically less responsive to energy …
Persistent link: https://www.econbiz.de/10012460682
Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since then, induce substantial but predictable income fluctuations. The relative magnitude of the payments combined with the delay between payments yields a stronger test of the...
Persistent link: https://www.econbiz.de/10012462314
too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and is not time …
Persistent link: https://www.econbiz.de/10012462537
coal smoke, arguing that before 1890 Londoners burned excessive amounts of soft coal, while in the years following, a … series of legal, demographic, and technological changes mitigated the production of coal smoke. This paper asks two questions … changes in the production of coal smoke, or were they the result of some broader meteorological phenomenon. The evidence we …
Persistent link: https://www.econbiz.de/10012462983
In recent years, the share of U.S electricity generated by coal has fallen from nearly 50% to 33%. The costs of this … transition are spatially concentrated, and mining states have already lost income due to the reduced demand for coal. Coal states … states and counties with substantial mining activity are more likely to be coal fired and to purchase more within political …
Persistent link: https://www.econbiz.de/10012455491
approach to data from British cities for 1851-1911. I show that local industrial coal use substantially reduced long-run city … employment growth over this period. Moreover, a counterfactual analysis suggests that plausible improvements in coal use …
Persistent link: https://www.econbiz.de/10012455759
There has been a widespread displacement of coal by natural gas as space heating and cooking technology in Turkey in …
Persistent link: https://www.econbiz.de/10012456157
) environmental regulations. We compare the impacts of these regulations with the impact of changes in coal prices on establishment …-level pollution abatement, coal consumption, and productivity growth. We find that higher coal prices reduced coal use within … establishments, with price elasticities similar to those found in the US. In addition, higher coal prices are associated with lower …
Persistent link: https://www.econbiz.de/10012456908
this relationship in 1900. Growing industrial coal use from 1851-1900 reduced life expectancy by at least 0.57 years. A …
Persistent link: https://www.econbiz.de/10012457022
. Our focus is on quantifying short-term coal-to-gas switching decisions by different types of electric power plants in …
Persistent link: https://www.econbiz.de/10012457042