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Emission taxes, feed-in subsidies and the investment in a clean technology by a polluting monopoly

García-Alaminos, Ángela; Rubio, Santiago J. - 2019

The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the same good with a technology that employs a polluting input and a clean technology. The second-best tax and subsidy are calculated solving a two-stage policy game between the...

Persistent link: https://www.econbiz.de/10012028355

Alternate solutions in mixing energy tax/subsidy and emission control policies

Heydari, Shahriar Shah; Vestergaard, Niels - 2015

In this article, we look at the combination of several market-based climate and energy policies and compare them with first best solution, i.e., a perfectly designed emission tax or emission cap level. It is shown that in the case an emission control policy is imperfect designed or implemented,...

Persistent link: https://www.econbiz.de/10010490124

Integrated assessment of climate catastrophes with endogenous uncertainty : does the risk of ice sheet collapse justify precautionary mitigation?

Diaz, Delavane B. - 2015

Greenhouse gas policies confront the trade-off between the costs of reducing emissions and the benefits of avoided climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter, and one that has not yet been well incorporated into...

Persistent link: https://www.econbiz.de/10011290817

Effects of innovation on employment : an analysis at the firm level in Bolivia

Foronda, Carlos; Beverinotti, Javier - 2021

This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata … from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters … demonstrate that employment growth is explained by product innovation. On the other hand, we find no evidence of a displacement …

Persistent link: https://www.econbiz.de/10012670262

The optimal share of variable renewables : how the variability of wind and solar power affects their welfare-optimal deployment

Hirth, Lion - 2013

This paper estimates the welfare-optimal market share of wind and solar power, explicitly taking into account their output variability. We present a theoretical valuation framework that consistently accounts for output variability over time, forecast errors, and the location of generators in the...

Persistent link: https://www.econbiz.de/10010194395

System integration of wind and solar power in integrated assessment models : a cross-model evaluation of new approaches

Pietzcker, Robert C.; Ueckerdt, Falko; Carrara, Samuel; … - 2017

Mitigation-Process Integrated Assessment Models (MP-IAMs) are used to analyze long-term transformation pathways of the energy system required to achieve stringent climate change mitigation targets. Due to their substantial temporal and spatial aggregation, IAMs cannot explicitly represent all...

Persistent link: https://www.econbiz.de/10011599310

What does monetary policy reveal about central bank's preferences?

Castelnuovo, Efrem; Surico, Paolo - 2002

The design of monetary policy depends upon the targeting strategy adopted by the central bank. This strategy describes a set of policy preferences, which are actually the structural parameters to analyse monetary policy making. Accordingly, we develop a novel calibration method to identify...

Persistent link: https://www.econbiz.de/10011594051

Redistribution effects of energy and climate policy : the electricity market

Hirth, Lion; Ueckerdt, Falko - 2012

Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, these policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics,...

Persistent link: https://www.econbiz.de/10009660458

Impact evaluation of innovation and linkage development programs in Costa Rica : the cases of PROPYME and CR Provee

Monge González, Ricardo; Rodriguez-Alvarez, Juan Antonio - 2013

This paper estimates the impact of two productive development programs (PDPs) in Costa Rica: PROPYME and CR Provee. The first seeks to increase the capacity of small and medium-sized firms (SMEs) to innovate, and the second aims to increase backward linkages between Costa Rican SMEs and...

Persistent link: https://www.econbiz.de/10010245491

Investing in biogas : timing, technological choice and the value of flexibility from inputs mix

Di Corato, Luca; Moretto, Michele - 2009

In a continuous-time framework we study the technology and investment choice problem of a continuous co-digestion biogas plant dealing with randomly fluctuating relative convenience of input factor costs. Input factors enter into the productive process together mixed according to a given initial...

Persistent link: https://www.econbiz.de/10008823907

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