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The paper considers a neo-classical model set in the cost function approach to estimate primary energy factor demands for the Italian economy, using a translog cost function specification. Cointegration theory is employed to estimate the long-run factor share model, and the general to specific...
Persistent link: https://www.econbiz.de/10011608366
The paper considers a SUTSE model embedded in a dynamic framework to estimate an energy cost share model for the Italian economy in an evolutionary environment. This is achieved by allowing stochastic seasonal and trend components in the long-run specification and constructing an error...
Persistent link: https://www.econbiz.de/10011608370
This volume was prepared by Luise Röpke while she was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes three self-contained chapters about aspects of the integration of new...
Persistent link: https://www.econbiz.de/10011698348
MIND is a hybrid model incorporating several energy related sectors in an endogenous growth model of the world economy. This model structure allows a better understanding of the linkages between the energy sectors and the macro-economic environment. We perform a sensitivity analysis and...
Persistent link: https://www.econbiz.de/10010312307
This study explores how energy tax influences energy R&D investments, which further affect economic welfare, carbon emissions, and climate change under various emission abatement policies. Energy tax, as a market-based instrument, aims to adjust the energy R&D investments to the optimal level....
Persistent link: https://www.econbiz.de/10012610082
Die gegenwärtigen Kontroversen zu den Auswirkungen eines Energieembargos gegen Russland, ausgelöst durch Russlands Krieg gegen die Ukraine, haben den Fokus auf die Verringerung der Abhängigkeit von fossilen Energieträgern und eine Neuordnung der Energieversorgung gelegt....
Persistent link: https://www.econbiz.de/10014465833
The main objective of this paper is to identify fuel substitution potential by estimating potential price induced energy substitution and by considering available technological options. We consider the impacts of CO2 taxation on reduction of emissions until 2020, assuming CO2 neutrality of...
Persistent link: https://www.econbiz.de/10010293993
The present document analyzes the energy substitution elasticities in the short and long term in Bolivia. The inputs accounted are electricity, hydrocarbons and biomass. In order to measure and identify the direction of the elasticities we use a Transcendental Logarithmic Production Function,...
Persistent link: https://www.econbiz.de/10010294075
This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
Persistent link: https://www.econbiz.de/10010297442
Angesichts einer drohenden Veränderung des Weltklimas wurde die Notwendigkeit erkannt, den Ausstoß klimarelevanter Spurengase, insbesondere CO2, zu reduzieren. Ein Weg dazu könnte in der Substitution von Energieträgern bestehen, wobei sich der Elektrizitätserzeugungssektor als größter...
Persistent link: https://www.econbiz.de/10011598601