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estimation in particular has favorable properties in this setting compared to the two-step GMM procedure, which is demonstrated … in a Monte Carlo experiment. The proposed method is applied to the estimation of a cigarette demand function …
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We focus on two utility programs intended to reduce energy usage and the associated CO2 emissions-a home energy audit and rebates on the purchase of high-efficiency air-source heat pumps. We use a unique panel dataset from participating and non-participating households to estimate the average...
Persistent link: https://www.econbiz.de/10010486977
The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such Spain and some of the Scandinavian countries have recently given to the consumers the possibility to face the spot prices instead of having a fixed tariffs determined by...
Persistent link: https://www.econbiz.de/10011914070
Massive digitalization advances have made demand response (DR) programs feasible in the residential sector; however, most households in Latin America and the Caribbean (LAC) region do not know about these types of programs. In this report, the authors explore experiments about the willingness of...
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In this paper, we estimate the effects of custom-related delays on firms' exports. In so doing, we use a unique dataset that consists of the universe of Uruguay's export transactions over the period 2002-2011 and includes precise information on the actual time it took for each of these...
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