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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/10012643539
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/10014282440
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/10008696672
followed the Grenelle de l'environnement encompass policy measures in energy generation, manufacturing, transport, waste …
Persistent link: https://www.econbiz.de/10009571013
demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas … purpose, we use a detailed numerical model for the energy markets in Europe and Russia - LIBEMOD. Our results suggest that … exports. Removal of other market imperfections in the Russian energy markets has smaller impacts on prices and quantities than …
Persistent link: https://www.econbiz.de/10010533092
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/10011281296
rates faced by agents. We argue that taxation might be endogenous to energy consumption in the long run. In order to …We estimate the long-run effect of a uniform carbon tax on energy consumption by using a new and unique dataset in … account for the widely discussed tax deductions for specific energy tax bases leading to a careful calculation of net tax …
Persistent link: https://www.econbiz.de/10011509425
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/10010486860
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/10012257796
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/10012003006