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Imelda; Abatayo, Anna Lou; Resusodarmo, Budy - 2024

The timing of payment can enhance salience, making customers more price-responsive when paying before consumption rather than after. This study examines Indonesia’s nationwide switch to prepaid electricity metering, impacting over 40 million households. We find that prepaid metering users are...

Persistent link: https://www.econbiz.de/10015178416

Facts and fiction in oil market modeling

Kilian, Lutz - 2019

Baumeister and Hamilton (2019a) assert that every critique of their work on oil markets by Kilian and Zhou (2019a) is without merit. In addition, they make the case that key aspects of the economic and econometric analysis in the widely used oil market model of Kilian and Murphy (2014) and its...

Persistent link: https://www.econbiz.de/10012119530

A life-cycle theory analysis of french household electricity demand

Belaîd, Fateh; Rault, Christophe; Massié, Camille - 2021

This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of …

Persistent link: https://www.econbiz.de/10012415417

Understanding the estimation of oil demand and oil supply elasticities

Kilian, Lutz - 2020

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

Persistent link: https://www.econbiz.de/10012288032

Heterogeneity in the pass-through from oil to gasoline prices : a new instrument for estimating the price elasticity of gasoline demand

Kilian, Lutz; Zhou, Xiaoqing - 2023

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …

Persistent link: https://www.econbiz.de/10014250001

Is there a green paradox?

Hoel, Michael - 2010

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

France's environmental policies : internalising global and local externalities

Égert, Balázs - 2012

France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that followed the Grenelle de l'environnement encompass policy...

Persistent link: https://www.econbiz.de/10009571013

Modeling UK natural gas prices when gas prices periodically decouple from the oil price

Asche, Frank; Oglend, Atle; Osmundsen, Petter - 2015

demand for natural gas creating gas-specific pricing. Using the model to infer relative values when evidence favors …

Persistent link: https://www.econbiz.de/10010486860

The effectiveness of taxing carbon content of energy consumption

Sen, Suphi; Vollebergh, Herman R. J. - 2016

We estimate the long-run effect of a uniform carbon tax on energy consumption by using a new and unique dataset in which effective tax rates of OECD countries are calculated in terms of carbon dioxide emissions. The effective tax rates account for the widely discussed tax deductions for specific...

Persistent link: https://www.econbiz.de/10011509425

Liberalizing Russian gas markets : an economic analysis

Aune, Finn Roar; Golombek, Rolf; Hallre, Hilde; Moe, Arild - 2015

demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas …

Persistent link: https://www.econbiz.de/10010533092