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Soaking Up the Sun : Battery Investment, Renewable Energy, and Market Equilibrium
Butters, R. Andrew; Dorsey, Jackson; Gowrisankaran, Gautam - National Bureau of Economic Research - 2021
We develop a dynamic competitive equilibrium model of battery adoption and operations to evaluate the social value and … adoption trajectory of utility-scale batteries and examine policy counterfactuals. The first battery unit breaks even in 2027 … declines in aggregate capacity. California's 1,300 MW battery mandate implies subsidies of 49% and creates deadweight losses of …
Persistent link: https://www.econbiz.de/10012616581
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North-South Displacement Effects of Environmental Regulation : The Case of Battery Recycling
Tanaka, Shinsuke; Teshima, Kensuke; Verhoogen, Eric - National Bureau of Economic Research - 2021
battery recycling to Mexico and on infant health in Mexico. In the U.S., airborne lead dropped sharply near affected plants …, most of which were battery-recycling plants. Exports of used batteries to Mexico rose markedly. In Mexico, production … increased at battery-recycling plants, relative to comparable industries, and birth outcomes deteriorated within two miles of …
Persistent link: https://www.econbiz.de/10012616594
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Household Production and the Excess Sensitivity of Consumption to Current Income
Baxter, Marianne - 1999
Empirical research on the permanent income hypothesis (PIH) has found that consumption growth is excessively sensitive to predictable changes in income. This finding is interpreted as strong evidence against the PIH. We propose an explanation for apparent excess sensitivity that is based on a...
Persistent link: https://www.econbiz.de/10012471755
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Causal Effects in Non-Experimental Studies : Re-Evaluating the Evaluation of Training Programs
Dehejia, Rajeev H. - 1998
This paper uses propensity score methods to address the question: how well can an observational study estimate the treatment impact of a program? Using data from Lalonde's (1986) influential evaluation of non-experimental methods, we demonstrate that propensity score methods succeed in...
Persistent link: https://www.econbiz.de/10012472224
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The Sensitivity of Experimental Impact Estimates : Evidence from the National JTPA Study
Heckman, James J. - 1997
The recent experimental evaluation of the U.S. Job Training Partnership Act (JTPA) program found negative effects of training on the earnings of disadvantaged male youth and no effect on the earnings of disadvantaged female youth. These findings provided justification for Congress to cut the...
Persistent link: https://www.econbiz.de/10012472709
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A Structural Empirical Model of R&D Investment, Firm Heterogeneity, and Industry Evolution
Chen, Yanyou; Xu, Daniel Yi - National Bureau of Economic Research - 2022
This paper develops and estimates an industry equilibrium model of manufacturing plants in the Korean electric motor industry from 1991 to 1996. Plant-level decisions on R&D, physical capital investment, entry, and exit are integrated in a dynamic setting with knowledge spillovers. We use a...
Persistent link: https://www.econbiz.de/10012938702
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Future Paths of Electric Vehicle Adoption in the United States : Predictable Determinants, Obstacles and Opportunities
Archsmith, James E.; Muehlegger, Erich; Rapson, David S. - National Bureau of Economic Research - 2021
and battery cost declines, highlighting the importance of non-monetary factors (e.g. charging infrastructure, product …
Persistent link: https://www.econbiz.de/10012585417
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Designing Fuel-Economy Standards in Light of Electric Vehicles
Gillingham, Kenneth - National Bureau of Economic Research - 2021
Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...
Persistent link: https://www.econbiz.de/10012599357
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The Economics of Electric Vehicles
Rapson, David S.; Muehlegger, Erich - National Bureau of Economic Research - 2021
Electric vehicles (EVs) powered by renewable electricity are a centerpiece of efforts to decarbonize transportation. EV advocates also claim benefits from local pollution reductions, lower life-cycle costs to consumers, and improved energy security. We examine the theory and evidence behind...
Persistent link: https://www.econbiz.de/10012599383
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Fueling Alternatives : Gas Station Choice and the Implications for Electric Charging
Dorsey, Jackson; Langer, Ashley; McRae, Shaun D. - National Bureau of Economic Research - 2022
This paper estimates an imperfect information discrete choice model of drivers' refueling preferences and analyzes the implications of these preferences for electric vehicle (EV) adoption. Drivers respond four times more to stations' long-run average prices than to current prices and value...
Persistent link: https://www.econbiz.de/10013172131