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Generating electricity from renewable sources is more expensive than conventional approaches, but reduces pollution externalities. Analyzing the tradeoff is much more challenging than often presumed, because the value of electricity is extremely dependent on the time and location at which it is...
Persistent link: https://www.econbiz.de/10013117204
Greater use of renewable energy is seen as a key component of any move to combat climate change, and is being aggressively promoted as such by the new U.S. administration and by other governments. Yet there is little economic analysis of renewable energy. This paper surveys what is written and...
Persistent link: https://www.econbiz.de/10013152494
We examine the effect of in-state and out-of-state renewable energy policies on wind energy patenting. Using a semiparametric fixed-effects Tobit model, we regress patent counts on a series of policy variables within a state and a spatially weighted average for each of these policies implemented...
Persistent link: https://www.econbiz.de/10012906308
world. While previous empirical work explores the economic and environmental impacts of renewable production, the focus has …
Persistent link: https://www.econbiz.de/10012911703
This paper examines the effect of environmental policies on technological innovation in the specific case of renewable energy. The analysis is conducted using patent data on a panel of 25 countries over the period 1978-2003. It is found that public policy plays a significant role in determining...
Persistent link: https://www.econbiz.de/10012753707
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10012948440
first comprehensive empirical analysis of bank CoCo issues, a market segment that comprises over 730 instruments totaling …
Persistent link: https://www.econbiz.de/10012943619
The recent financial crisis has shown how interconnected the financial world has become. Shocks in one location or … asset class can have a sizable impact on the stability of institutions and markets around the world. But systemic risk … closing data gaps include the G20 Data Gaps Initiative, which recommends the collection of consistent bank-level data for …
Persistent link: https://www.econbiz.de/10013098136
paper seeks to measure and compare how well authorities in 56 countries controlled bank risk shifting during the 1990s …
Persistent link: https://www.econbiz.de/10012787065
concentration of activity in a small number of firms, has substantially increased the risk of collapse of the world banking system …
Persistent link: https://www.econbiz.de/10013224189