Showing 1 - 10 of 98
We present a model for an energy market that includes a green certificate for suppliers of energy from renewables and a purchaser commitment to buy these certificates. We show that price and volume effects in the energy market are ambigous under a wide range of alternative levels of the...
Persistent link: https://www.econbiz.de/10004980644
The partial revenue from each indirect tax and the total revenue from all indirect taxes on consumer goods are derived as functions of all commodity prices, the tax rates of each commodity, total expenditure and demographic variables using a complete demand system. Within this framework we...
Persistent link: https://www.econbiz.de/10004980658
Improving the distributional impact of transfers may be costly if it reduces labour supply. In this paper we show how effects of changes in the design of the child benefit programme can be examined by deriving information from behavioural and non-behavioural simulations on micro data. The direct...
Persistent link: https://www.econbiz.de/10004980909
A simulation model consisting of a representative consumer for each Scandinavian country is constructed and calibrated, in which consumers consume two goods: spirits and 'other goods'. Spirits is exposed to cross-border shopping, and the countries engage in tax competition. The equilibrium tax...
Persistent link: https://www.econbiz.de/10005041935
Increased energy efficiency is often seen as the best way of reducing energy consumption. However, the cost reduction resulting from the efficiency increase can undermine the energy-saving potential of the efficiency measures. In this study, we develop a method for decomposing the behavioral...
Persistent link: https://www.econbiz.de/10010817186
The main aim of this paper is to test the stability of the results of a model which focus on the relationship between the choice of heating equipment and the residential energy consumption. The results for the income and energy price variables are of special interest. Stability in the time...
Persistent link: https://www.econbiz.de/10004980518
In this paper the demand for space heating energy is estimated by using a discrete-continuous choice model which focuses on the relationship between the choice of heating equipment and energy consumption. The model is estimated on Norwegian micro data, and the two stages of the model are...
Persistent link: https://www.econbiz.de/10004980691
Liberalisation of the Norwegian electricity market has given more short-term variation in the electricity price. Since almost three quarters of Norwegian households have heating equipment using more than one energy carrier, we would expect them to be able to hedge from price increases and...
Persistent link: https://www.econbiz.de/10004980710
Zero expenditure poses several challenges when estimating demand systems. Zero expenditure on energy goods occur due to limited opportunity to consume the good or because the household chooses not to use all available equipment (corner solution). In this paper we develop a method to estimate an...
Persistent link: https://www.econbiz.de/10004980770
The consumption of storable goods does not necessarily equal purchases during a period because of changes in stock. In many cases, we have information about expenditures only, not consumption. A method is developed to obtain an estimate of consumption and changes in stock when only expenditure...
Persistent link: https://www.econbiz.de/10004980983