Showing 1 - 10 of 2,516
capacity is only available at elevated costs, Chinese power generators could turn to the global trade markets and increase … marginal costs of steam coal supply in Europe. Increasing Chinese demand for steam coal will lead to a growing need for … long run marginal costs of supply for Europe and the US but significant effects for China. -- Steam coal ; MCP ; non …
Persistent link: https://www.econbiz.de/10008661918
This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We investigate the conditions under which the economy...
Persistent link: https://www.econbiz.de/10009230860
Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to a carbon free economy. We develop a model that, instead of modeling these processes themselves, models the implications of these characteristics and in the process allows us to...
Persistent link: https://www.econbiz.de/10012404201
paradox'), whereas CCS cost reductions make fossil resources more attractive for future use and lead to postponement of … extraction. -- climate change ; exhaustible resources ; carbon capture and storage ; renewable energy ; green paradox …
Persistent link: https://www.econbiz.de/10008758772
"green paradox"), whereas CCS cost reductions make fossil resources more attractive for future use and lead to postponement … of extraction. -- climate change ; exhaustible resources ; carbon capture and storage ; renewable energy ; green paradox …
Persistent link: https://www.econbiz.de/10008806063
We will present a theoretical model for an integrated planning of Eucharistic masses and Liturgies of the Word assuming different priests, assistant priests and lay persons. This all-integer vector optimization problem can be seen as an economic, spacial and inter-temporal resource allocation...
Persistent link: https://www.econbiz.de/10010366295
distribution influences the estimation of structural parameters, such as migration costs. For US interstate migration, we obtain a … costs estimated by previous studies. We attribute this difference to the treatment of the dynamic self-selection problem …
Persistent link: https://www.econbiz.de/10003656910
of structural parameters, such as migration costs. For US interstate migration, we obtain a cost estimate of somewhat … less than one-half of an average annual household income. This is substantially less than the migration costs estimated by …
Persistent link: https://www.econbiz.de/10003892047
An important question in development studies is how abundance of natural resources affects long-term economic growth … studies: 1) including an interaction between natural resources and institutional quality, 2) controlling for the level of … investment activity, and 3) distinguishing between different types of natural resources. …
Persistent link: https://www.econbiz.de/10011432122
The paper compares the effects of market-based and command-and-control climate policies on the direction of technical change and the prevention of environmental disasters. Drawing on the model proposed in Acemoglu et al. (2012, American Economic Review), we show that market-based policies...
Persistent link: https://www.econbiz.de/10011410362