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The Market and Climate Implications of U.S. LNG Exports
Stock, James H.; Zaragoza-Watkins, Matthew - National Bureau of Economic Research - 2024
From 2015 to 2023, the United States transformed from a net importer of natural gas to the world's largest liquified natural gas (LNG) exporter. We find that this surge in LNG exports has reconnected U.S. gas prices to world market prices, after a hiatus of "shut-in" fracked gas. We estimate...
Persistent link: https://www.econbiz.de/10014512082
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Energy Transitions in Regulated Markets
Gowrisankaran, Gautam; Langer, Ashley; Reguant, Mar - National Bureau of Economic Research - 2024
Natural gas has replaced coal as the dominant fuel for U.S. electricity generation. However, U.S. states that regulate electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during an energy transition where utilities face tradeoffs...
Persistent link: https://www.econbiz.de/10014468287
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Efficient Contracting and Market Power : Evidence from the U.S. Natural Gas Industry
Hubbard, R. Glenn - 1990
It is well recognized by economists that long-term contracting under an array of price and non-price provisions may be an efficient response to small-numbers bargaining problems. Empirical work to distinguish such issues from predictions of models of market power and bargaining has been sparse,...
Persistent link: https://www.econbiz.de/10012475525
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Can Natural Gas Save Lives? Evidence from the Deployment of a Fuel Delivery System in a Developing Country
Cesur, Resul - 2016
There has been a widespread displacement of coal by natural gas as space heating and cooking technology in Turkey in the last two decades, triggered by the deployment of natural gas networks. In this paper, we examine the impact of this development on mortality among adults and the elderly. Our...
Persistent link: https://www.econbiz.de/10012456157
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The International Linkage of Real Interest Rates : The European - U.S. Connection
Cumby, Robert E. - 1984
rates has been widespread in the analyses by economic policymakers both in Europe and in the United States. In this paper we … been raised by the recent policy debates in Europe and the United States: Have ex ante real rates in the United States and … Europe been high during recent years? Has there been a link between U.S. real rates and those in other countries? Can this …
Persistent link: https://www.econbiz.de/10012477666
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Patents as Options : Some Estimates of the Value of Holding European Patent Stocks
Pakes, Ariel - 1984
In many countries holders of patents must pay an annual renewal fee in order to keep their patents in force. This paper uses data on the proportion of patents renewed, and the renewal fees faced by, post World War II cohorts of patents in France, the United Kingdom, and Germany, in conjunction...
Persistent link: https://www.econbiz.de/10012477754
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The Heights of Europeans Since 1750 : A New Source For European Economic History
Floud, Roderick - 1984
Economic and social historians have traditionally been concerned to measure changes in the income and welfare of populations in the past.Until recently, however, they have not recognized that anthropometric data, such as evidence on the average height achieved by a population at a particular...
Persistent link: https://www.econbiz.de/10012477779
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Immigration and Preferences for Redistribution in Europe
Alesina, Alberto - 2019
We examine the relationship between immigration and attitudes toward redistribution using a newly assembled data set of immigrant stocks for 140 regions of 16 Western European countries. Exploiting within-country variations in the share of immigrants at the regional level, we find that native...
Persistent link: https://www.econbiz.de/10012479516
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The Industry Anatomy of the Transatlantic Productivity Growth Slowdown
Gordon, Robert J. - 2019
By merging KLEMS data sets and aggregating over the ten largest Western European nations (EU-10), we are able to compare and contrast productivity growth up through 2015 starting from 1950 in the U.S. and from 1972 in the EU-10. Data are provided at the aggregate level, as well as for 16...
Persistent link: https://www.econbiz.de/10012479654
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Skill of the Immigrants and Vote of the Natives : Immigration and Nationalism in European Elections 2007-2016
Moriconi, Simone - 2018
In this paper we document the impact of immigration at the regional level on Europeans' political preferences as expressed by voting behavior in parliamentary or presidential elections between 2007 and 2016. We combine individual data on party voting with a classification of each party's...
Persistent link: https://www.econbiz.de/10012480728