Taiwan represents an interesting case study of a nation that has been able to adapt to the energy crisis remarkably well, registering sustained economic growth despite increased oil import expenditures. Certain characteristics of Taiwan's economy set it apart from a number of other developing...

In recent years conservation received a great deal of attention from energy managers at all levels. Some conservation measures were undertaken voluntarily because they were profitable. Others were adopted to comply with regulations, many of which were intended to reduce social costs of energy...

Based on sectoral, or partial equilibrium, analyses, energy conservation has been offered as a "no regrets" CO2 mitigation strategy. Ours is the first study to isolate key features of conservation strategies in a general equilibrium context. The results indicate that conservation would have...

We present an analysis of the economic impacts of marketable permits for greenhouse gas reduction across industries and income groups in the United States. A computable general equilibrium model is used to simulate permit markets under various assumptions about permit allocations, industry...