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Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government’s responsiveness and accountability towards the people and they have brought it into collusive relationship...
Persistent link: https://www.econbiz.de/10011816771
hold with respect to the electricity generation efficiency and price elasticity of electricity demand. …
Persistent link: https://www.econbiz.de/10011957009
The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China’s...
Persistent link: https://www.econbiz.de/10011957010
Among the wide variety of policy options adopted worldwide to control carbon emissions, one of the most environmentally effective and economically efficient is represented by carbon tax, that aims to recoup the damage arising from polluting production processes. In this paper, we focus on the...
Persistent link: https://www.econbiz.de/10012269865
We assess the degree of connectedness among 16 metals that are critical for the production of clean energy technologies. These commodities are the constituents of the Energy Transition Metals (ETMs) price index maintained by the International Monetary Fund and comprise base, precious, and minor...
Persistent link: https://www.econbiz.de/10014305713
heterogeneity into account. A moderate minimum-efficiency standard increases demand for efficiency-enhancing household capital goods …, and reduces energy demand. More stringent policy is shown to be less effective or even counterproductive. For the case of … energy demand. Finally, I analyze which households benefit from minimum-efficiency standards and which ones lose. A standard …
Persistent link: https://www.econbiz.de/10012146431
We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as the...
Persistent link: https://www.econbiz.de/10012490105
This paper analyzes the response of international oil producers to demand-induced changes in the real price of oil … demand shocks within the same month, and that the corresponding impact price elasticities of supply are not statistically … different from zero. Although there is little evidence of a systematic response following a typical flow demand shock, the …
Persistent link: https://www.econbiz.de/10010368266
.S. households' expectations about current and future economic conditions - responds to structural oil supply and demand shocks. We … supply shocks have little effect on the ICS, other oil demand shocks such as a precautionary demand shock, for example, have … a statistically significant negative impact over a two-year horizon. The effect of aggregate demand shocks associated …
Persistent link: https://www.econbiz.de/10011663281
This paper studies how petroleum producers respond to a giant oil field discovery. Using a large panel of country-level production data and a difference-in-differences identification approach, I show that domestic production levels respond before a newly found oil field has come on line,...
Persistent link: https://www.econbiz.de/10011663285