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regressions, controlling for macroeconomic factors such as economic development, GDP growth, urbanisation, as well as the energy …
Persistent link: https://www.econbiz.de/10012799647
This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated product markets with multi-plant firms, and use...
Persistent link: https://www.econbiz.de/10014377413
We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is … implemented. Using a numerical simulation model of the European energy industry (LIBEMOD), we find that a complete nuclear phase … on total consumption of energy. Lower nuclear production is to a large extent replaced by more gas power and bio power …
Persistent link: https://www.econbiz.de/10011307073
The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements … are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This … improvement in the energy efficiency of a household’s appliances, but to the supply of a zero-marginal-cost perfect substitute for …
Persistent link: https://www.econbiz.de/10012018326
Council – was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … final energy consumption, and improved energy efficiency. We find that the renewable and energy-efficiency targets have been …
Persistent link: https://www.econbiz.de/10011957180
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10010274935
increase in energy consumption by residential PV owners, that runs counter the original policy design. …
Persistent link: https://www.econbiz.de/10012179762
regarding the financial benefits of energy-efficient household lighting among more than 640,000 subjects. We find that full … information disclosure strongly decreases demand for energy efficiency, while partial information disclosure increases demand. More … taxes on energy-inefficient products yield larger welfare gains than any information policy. We also document an important …
Persistent link: https://www.econbiz.de/10012214170
Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the …
Persistent link: https://www.econbiz.de/10012269527
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10010500401