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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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Federal Tax Policy Towards Energy
Metcalf, Gilbert E. - 2007
On Aug. 8, 2005, President Bush signed the Energy Policy Act of 2005 (PL 109-58). This was the first major piece of energy legislation enacted since 1992 following five years of Congressional efforts to pass energy legislation. Among other things, the law contains tax incentives worth over $14...
Persistent link: https://www.econbiz.de/10012778276
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Estimating Path Dependence in Energy Transitions
Meng, Kyle - 2016
What induces clean energy transitions? When transitional dynamics exhibit strong path dependence, a temporary shock to input composition can trigger permanent structural change. I examine whether such dynamics characterize the U.S. electricity sector's use of coal - the most climate-damaging...
Persistent link: https://www.econbiz.de/10012984756
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China and the Tpp : A Numerical Simulation Assessment of the Effects Involved
Li, Chunding - 2012
going beyond WTO disciplines and focused on issues such as regulation and border controls. Though the US, Australia and … other pacific countries are included, China is notable for its exclusion from the process thus far. This paper uses … numerical simulation methods to assess the potential effects of a TPP agreement on China and the other participating countries …
Persistent link: https://www.econbiz.de/10013106304
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Why Has China Overinvested in Coal Power?
Ren, Mengjia - 2019
Since 2005, the Chinese government has engaged in an ambitious effort to move China's energy system away from coal and … towards more environmentally friendly sources of energy. However, China's investment in coal power has accelerated sharply in …. In this paper, we ask why China engaged in such a pronounced investment boom in coal power in the mid-2010s. We find the …
Persistent link: https://www.econbiz.de/10012895007
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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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Buffering Volatility : A Study on the Limits of Germany's Energy Revolution
Sinn, Hans-Werner - 2016
Squaring hourly demand and wind-solar production data for Germany and a number of neighbouring countries with the results of the EU's ESTORAGE project, this paper studies the limits of Germany's energy revolution in view of the volatility of wind and solar power. In addition to pumped storage,...
Persistent link: https://www.econbiz.de/10012985948
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International Policy Coordination : The Long View
Eichengreen, Barry - 2013
This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...
Persistent link: https://www.econbiz.de/10013091942
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Non-Economic Engagement and International Exchange : The Case of Environmental Treaties
Rose, Andrew Kenan; Spiegel, Mark M. - 2021
We examine the role of non-economic partnerships in promoting international economic exchange. Since far-sighted countries are more willing to join costly international partnerships such as environmental treaties, environmental engagement tends to encourage international lending. Countries with...
Persistent link: https://www.econbiz.de/10013238743
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Exporting and Firm Performance : Chinese Exporters and the Asian Financial Crisis
Park, Albert - 2010
We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct firm-specific exchange rate shocks based on the pre-crisis destinations of firms' exports. Because the shocks were unanticipated and large, they are a plausible instrument for...
Persistent link: https://www.econbiz.de/10012758022