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The paper addresses the problem of information asymmetry between a regulator and the polluting firms and proposes a very simple mechanism where the regulator is free to choose, without communicating in advance to the firms, between two instruments: an effluent fee or a standard: as a result in a...
Persistent link: https://www.econbiz.de/10011451663
In September 2008, the EU replaced national-level regulation on Maximum Residue Levels (MRLs) in pesticides with harmonized Community-wide regulation. Using data on pesticide MRLs for 53 trading partners over 2005-2014, we examine the effects of this harmonization on both intra- and extra-EU...
Persistent link: https://www.econbiz.de/10011994121
This paper aims to help policy makers identify how standards can contribute to the effective and cost … discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …
Persistent link: https://www.econbiz.de/10010189330
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This paper is one of the limited studies to investigate rebound effects in sectoral electricity consumption and the … electricity consumption from 9.2 MWh per capita in 2010 to 8.6 MWh per capita in 2015. However, following a significant decline … since 2010, electricity consumption in the main New Zealand sectors is increasing. Energy conservation could play an …
Persistent link: https://www.econbiz.de/10012255110
We examine the effects of reorganizing electricity markets on ca- pacity investments, retail prices and welfare when …
Persistent link: https://www.econbiz.de/10012142329
We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known … electricity generators compete in a uniform price auction to satisfy demand from retailers acting on behalf of subscribed …
Persistent link: https://www.econbiz.de/10012142375
We study the role of vertical structure in determining generating capacities and retail prices in the electricity …
Persistent link: https://www.econbiz.de/10012142377