Showing 1 - 10 of 262
This paper examines how export activity impacts a firm's energy intensity, emphasizing the upgrading process. We introduce a firm-level complexity index incorporating two dimensions: the complexity of the traded goods and market destinations. We show that growth in external demand incentivizes...
Persistent link: https://www.econbiz.de/10015328272
The world is not decarbonizing fast enough, with global warming on track to reach as much as 4°C over the next century absent a global green transition. Policymakers in Europe-and beyond-still have an opportunity both to achieve net zero emissions by 2050 and to strengthen economic prospects by...
Persistent link: https://www.econbiz.de/10015059064
The recommended way of helping households during the ongoing European energy crisis is to allow price signals to operate freely while providing targeted compensation to the vulnerable. In practice, however, institutional, political, and technical constraints have led many European governments to...
Persistent link: https://www.econbiz.de/10015059907
This brief paper accompanies the Green Energy and Jobs tool, which is a simple excel-based tool to estimate the job-creation potential of greening the electricity sector. Specifically, it calculates the net job gains or losses from increasing the level of energy efficiency, and from increasing...
Persistent link: https://www.econbiz.de/10015060395
The oil price decline creates an opportunity to dismantle energy subsidies, which escalatedwith high oil prices. This paper assesses energy subsidies in Latin America and theCaribbean-about 1.8 percent of GDP in 2011-13 (approximately evenly split betweenfuel and electricity), and about 3.8...
Persistent link: https://www.econbiz.de/10012678979
Intro -- Contents -- I. INTRODUCTION -- II. OUTLOOK FOR ENERGY PRODUCTION -- III. EXPORT PROSPECTS AND DUTCH DISEASE -- IV. EXCHANGE RATE EQUATION -- V. PUTTING IT ALL TOGETHER -- VI. CONCLUSION -- APPENDIX I. Data -- References.
Persistent link: https://www.econbiz.de/10012690975
We study the impact of fossil fuel subsidy removal on presidential popularity using difference-indifference approaches and a stylized theoretical model. Analyzing macro level data for two subsidy removal events in Mexico and Bolivia in the early 2010s, we find evidence of a negative impact on...
Persistent link: https://www.econbiz.de/10015328329
Many countries have used energy subsidies to cushion the effects of high energy prices on households and firms. After documenting the transmission of oil supply shocks empirically in the United States and the Euro Area, we use a New Keynesian modeling framework to study the conditions under...
Persistent link: https://www.econbiz.de/10015058519
This paper provides a comprehensive global, regional, and country-level update of: (i) efficient fossil fuel prices to reflect supply and environmental costs; and (ii) subsidies implied by charging below efficient fuel prices. Globally, fossil fuel subsidies were $7 trillion in 2022 or 7.1...
Persistent link: https://www.econbiz.de/10015059190
We use structural scenario analysis to show that the climate policy mix-supply-side versus demand-side policies-can lead to different oil price paths with diverging distributional consequences in a netzero emissions scenario. When emission reduction is driven by demand-side policies, prices...
Persistent link: https://www.econbiz.de/10015059205