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Policy choices often entail trade-offs between workers and consumers. I assess how foreign competition changes the consumer welfare and domestic employment effects of a merger. I construct a model accounting for demand responses, endogenous product portfolios, and employment. I apply this model...
Persistent link: https://www.econbiz.de/10014495751
In the context of tight public budgets and increasingly ambitious climate objectives, the performance of the support policies for residential energy conservation works needs to be assessed. We compare the performance of four types of support schemes in France, namely the income tax credit, a...
Persistent link: https://www.econbiz.de/10012596716
implicit in a subsidy encouraging an energy-efficiency investment. In the experiment, participants decide on purchasing a low …-flow showerhead and are either confronted with the introduction of a subsidy or a same-sized price decrease. We find a demand increase … subsidy is introduced. An analysis of the underlying channels rules out changes in beliefs and norm perceptions. Positive …
Persistent link: https://www.econbiz.de/10014311773
Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...
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In this paper, we first recover the individual valuation of expected future fuel costs at the time of a car purchase and then explore how various factors relate to the recovered consumer undervaluation of fuel savings (on average, consumers' willingness-to-pay for a AC1 reduction in fuel costs...
Persistent link: https://www.econbiz.de/10011976135
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Widespread electric vehicle adoption is considered a major policy goal in order to decarbonize the transport sector. However, potential rebound effects both in terms of vehicle ownership and distance traveled might nullify the environmental edge of electric vehicles. Using cross-sectional...
Persistent link: https://www.econbiz.de/10012295657