Showing 1 - 10 of 637
Using a unique plant-level dataset we examine total factor productivity (TFP) growth and its components, related to …
Persistent link: https://www.econbiz.de/10011906240
We estimate the relationship between electricity, fuel and carbon prices in Germany, France, the Netherlands, the Nord … increasing interaction between electricity and input prices on the one hand, and between electricity markets on the other. The …
Persistent link: https://www.econbiz.de/10009786078
subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large … the total electricity market expenditures. The subsidies generate net gains to consumers. We develop an approach to …
Persistent link: https://www.econbiz.de/10011573888
We investigate the impact of an environmental award in a Bertrand duopoly with green consumers considering a three-stage game. First, the regulator designs the environmental contest. Second, firms choose their green investments, and the winner of the contest is awarded. Third, firms compete in...
Persistent link: https://www.econbiz.de/10015401996
I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot … generation, and intersecting it with residual demand for fossil-based electricity for every hour. Determining the marginal … electricity prices by at least 84 %, with a central range of 98 %-104 % for different load periods. My results suggest that there …
Persistent link: https://www.econbiz.de/10010412091
Electricity transmission redistributes environmental impacts across space. We exploit episodes of high electricity …. Reducing electricity system congestion decreases ozone and PM2.5 concentrations in New England and New York and increases them … in the western portions of the Pennsylvania-New Jersey-Maryland electricity market and much of the Midwestern states. We …
Persistent link: https://www.econbiz.de/10012260581
We study the introduction of new technologies when their costs are subject to idiosyncratic uncertainty and can only be fully learned through individual experience. We set up a dynamic model of clean experience goods that replace old polluting consumption options and show how optimal regulation...
Persistent link: https://www.econbiz.de/10009691145
Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost structure. I show that one cannot determine which regulatory...
Persistent link: https://www.econbiz.de/10010238324
by the Constitutional Council; the challenges relating to renewable and nuclear electricity generation; the ways to …
Persistent link: https://www.econbiz.de/10009571013
This paper examines the effect that endangered species regulation has on natural resource development. Specifically, we use data from competitive auctions to estimate the effect that land-use regulation protecting endangered caribou in the Canadian province of Alberta has on the price producers...
Persistent link: https://www.econbiz.de/10011482890