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We study the interactions between fuel efficiency improvements in the transport sector and the oil market, where the efficiency improvements are policy-induced in certain regions of the world. We are especially interested in feedback mechanisms of fuel efficiency such as the rebound effect,...
Persistent link: https://www.econbiz.de/10011309227
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This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage...
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Reducing energy demand and increasing energy efficiency are seen as major elements of the ongoing transformation of energy systems in multiple national and international programs like the EU 20-20-20 targets. Despite the predominately socio-economic nature of energy demand such interdisciplinary...
Persistent link: https://www.econbiz.de/10010232413
This paper analyzes the consequences of innovations in the electronic goods sector for global energy consumption and identifies a global rebound effect with respect to trade in second-hand electronic consumption goods. With the help of 2SLS-regressions, the positive influence of trade in...
Persistent link: https://www.econbiz.de/10011403098
Effective attention to information may play a prominent role in consumer choice for energy-intensive services and it may simply be a function of receiving timely information when consumption takes place. This paper investigates whether and why the timing of utility bills leads to salience bias...
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