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A Spatial Approach to Energy Economics
Moreno Cruz, Juan Bernardo - 2014
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense,...
Persistent link: https://www.econbiz.de/10013064302
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An Energy-Centric Theory of Agglomeration
Moreno-Cruz, Juan - 2016
magnify productivity. We show how our theory's predictions concerning a single core, aggregate to predictions over regional …
Persistent link: https://www.econbiz.de/10012976980
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"Healthy, Wealthy and Wise?" Revisited : An Analysis of the Causal Pathways from Socio-Economic Status to Health
Stowasser, Till - 2011
Much has been said about the stylized fact that the economically successful are not only wealthier but also healthier than the less affluent. There is little doubt about the existence of this socio-economic gradient in health, but there remains a vivid debate about its source. In this paper, we...
Persistent link: https://www.econbiz.de/10013121729
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Who Owns Children and Does it Matter?
Schoonbroodt, Alice - 2010
Is there an economic rationale for pronatalist policies? In this paper we propose and analyze a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The friction we investigate is related to the ownership of...
Persistent link: https://www.econbiz.de/10013148673
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Energy Policy with Externalities and Internalities
Allcott, Hunt - 2013
We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private optima. First, there is an Internality Dividend from Externality Taxes: aside from reducing externalities, they also offset distortions from underinvestment in energy efficiency....
Persistent link: https://www.econbiz.de/10013091197
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Energy Efficiency Economics and Policy
Gillingham, Kenneth - 2014
effectiveness and cost. Although theory and empirical evidence suggests there is potential for welfare-enhancing energy efficiency …
Persistent link: https://www.econbiz.de/10013071110
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The Economics of Energy Security
Metcalf, Gilbert E. - 2013
Energy security is the ability of households, businesses, and government to accommodate disruptions in supply in energy markets. This survey considers the economic dimensions of energy security, political and other non-economic security concerns and discusses policy approaches that could enhance...
Persistent link: https://www.econbiz.de/10013071794
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Distributional Effects of Environmental and Energy Policy : An Introduction
Fullerton, Don - 2013
This chapter reviews literature on the distributional effects of environmental and energy policy. In particular, many effects of such policy are likely regressive. First, it raises the price of fossil-fuel-intensive products, expenditures on which are a high fraction of low-income budgets....
Persistent link: https://www.econbiz.de/10012753492
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Analytical General Equilibrium Effects of Energy Policy on Output and Factor Prices
Fullerton, Don - 2013
Using an analytical general equilibrium model, we find closed form solutions for the effect of energy policy on factor prices and output prices. We calibrate the model to the US economy, and we consider a tax on carbon. By looking at expenditure and income patterns across household groups, we...
Persistent link: https://www.econbiz.de/10013095075
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Occupational Choice and the Spirit of Capitalism
Doepke, Matthias - 2007
The British Industrial Revolution triggered a reversal in the social order of society whereby the landed elite was … with disdain for work. We propose an economic theory of preference formation where both the divergence of attitudes across … social classes and the ensuing reversal of economic fortunes are equilibrium outcomes. In our theory, parents shape their …
Persistent link: https://www.econbiz.de/10012777611