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On the Effectiveness of Feed-in Tariffs in the Development of Photovoltaic Solar
Dijkgraaf, Elbert; van Dorp, Tom; Maasland, Emiel - 2014
development of photovoltaic solar (PV), explicitly taking into account structure and consistency of FITs. Panel data estimations …
Persistent link: https://www.econbiz.de/10010491385
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The Weak Instrument Problem of the System GMM Estimator in Dynamic Panel Data Models
Bun, Maurice J. G.; Windmeijer, Frank - 2009
The system GMM estimator for dynamic panel data models combines moment conditions for the model in first differences … model in terms of bias and root mean squared error. However, we show in this paper that in the covariance stationary panel … results are shown to extend to the panel data GMM estimators …
Persistent link: https://www.econbiz.de/10014202992
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Generalized Dynamic Panel Data Models with Random Effects for Cross-Section and Time
Mesters, Geert - 2012
panel data model with unobserved random individual-specific and time-varying effects. We propose an estimation procedure … in both dimensions. We evaluate the method in a Monte Carlo study for dynamic panel data models with observations from … economic growth figures of countries listed in the Penn World Tables. It is shown that our dynamic panel data model can provide …
Persistent link: https://www.econbiz.de/10013111113
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Limit Pricing, Climate Policies, and Imperfect Substitution
van der Meijden, Gerard; Withagen, Cees - 2016
The effects of climate policies are often studied under the assumption of perfectly competitive markets for fossil fuels. In this paper, we allow for monopolistic fossil fuel supply. We show that, if fossil and renewable energy sources are perfect substitutes, a phase will exist during which the...
Persistent link: https://www.econbiz.de/10011586704
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Post Separation of Plastic Waste: Better for the Environment and Lower Collection Costs
Dijkgraaf, Elbert; Gradus, Raymond - 2016
The European Union (EU) advocates a plastic waste recycling rate of more than 55% through home separation by households. Even for the Netherlands, which has already invested heavily in plastic recycling policies, there is still a challenge to meet this target. We show that post separation is an...
Persistent link: https://www.econbiz.de/10011586718
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Volatility Spillovers between Energy and Agricultural Markets: A Critical Appraisal of Theory and Practice
Chang, Chia-Lin; Li, Yiying; McAleer, Michael - 2015
Energy and agricultural commodities and markets have been examined extensively, albeit separately, for a number of years. In the energy literature, the returns, volatility and volatility spillovers (namely, the delayed effect of a returns shock in one asset on the subsequent volatility or...
Persistent link: https://www.econbiz.de/10011403535
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Modelling Volatility Spillovers for Bio-ethanol, Sugarcane and Corn
Chang, Chia-Lin; McAleer, Michael; Wang, Yu-Ann - 2016
The recent and rapidly growing interest in biofuel as a green energy source has raised concerns about its impact on the prices, returns and volatility of related agricultural commodities. Analyzing the spillover effects on agricultural commodities and biofuel helps commodity suppliers hedge...
Persistent link: https://www.econbiz.de/10011451531
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Modelling Strategy and Net Employment Effects of Renewable Energy and Energy Efficiency: A Meta-Regression
Stavropoulos, Spyridon; Burger, Martijn J. - 2019
By conducting a meta-analysis of the empirical literature on the net employment effects of renewable energy, we explore the extent to which the reported net employment effects are driven by the applied methodology. We find that the reported conclusions on net employment effects are to a large...
Persistent link: https://www.econbiz.de/10012114797
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Is there really a Green Paradox?
van der Ploeg, Frederick; Withagen, Cees - 2010
Optimal climate policy is studied in a Ramsey growth model with exhaustible oil reserves, an infinitelyelastic supply of renewables, stock-dependent oil extraction costs and convex climate damages. Weconcentrate on economies with an initial capital stock below that of the steady state of the...
Persistent link: https://www.econbiz.de/10010325848
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Consumer Valuation of Driving Range: A Meta-Analysis
Dimitropoulos, Alexandros; Rietveld, Piet; van Ommeren, … - 2011
We perform a meta-analysis of studies investigating consumers' preferences for electric and other alternative fuel vehicles to provide insights into the way consumers trade off driving range for capital costs. We find that consumers are willing to pay, on average, between 47 and 64 USD for a...
Persistent link: https://www.econbiz.de/10010326274