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This paper presents an empirical study of energy demand, in which demand for a series of energy goods (Gas, Oil … global coverage, and special emphasis is given to the dynamic nature of demand, as well as to interactions between income … of climate change impacts. Results are interpreted in terms of derived demand for heating and cooling. Non …
Persistent link: https://www.econbiz.de/10014050881
Demand response is crucial for balancing supply and demand in the presence of intermittent electricity generation … higher than ever before, which offers the opportunity to investigate the demand response in high-price situations. This paper …, thus, discusses the applicability of the two common functional forms of demand response under these circumstances, namely …
Persistent link: https://www.econbiz.de/10014327648
We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …
Persistent link: https://www.econbiz.de/10014358334
We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences … response to an aggregate oil price shock. Time-varying estimates do not support the view that the gasoline demand elasticity … rose to about -0.2 in 2015-16, but has remained stable since 2016. Gasoline demand is more responsive in states with lower …
Persistent link: https://www.econbiz.de/10014254946
In this paper we analyze residential natural gas demand in twelve OECD countries using time series data from 1980 to … 2008. We estimate long-run demand elasticities with regard to real disposable income and real residential price of natural … the individual countries. The effect of weather conditions on natural gas demand in a given year is accounted for by …
Persistent link: https://www.econbiz.de/10014169039
The purchase of multifuel vehicles (MFVs) has been incentivized by policies across the globe. Such vehicles are able to operate on more than one source of energy, so they introduce fuel (or energy) choice as one additional dimension consumers decide about. As fuels differ in terms of carbon...
Persistent link: https://www.econbiz.de/10014258640
The demand for motor fuel should decline when its price rises, but how exactly does that happen? Do people drive less …
Persistent link: https://www.econbiz.de/10012433458
The aim of this paper is to identify the path of the gasoline price elasticity, ethanol price elasticity, ethanol-gasoline cross-price elasticity and the gasoline-ethanol cross-price elasticity for the flex-fuel vehicle market, as well as to discuss the taxation policies impact of the Economic...
Persistent link: https://www.econbiz.de/10012305467
This article constitutes a new contribution to the analysis of overlapping instruments to cover the same emission sources. Using both an analytical and a numerical model, we show that when the risk that the CO2 price drops to zero and the political unavailability of a CO2 tax (at least in the...
Persistent link: https://www.econbiz.de/10010294269
China's global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention and scrutiny. This is partly because of China's own high-profile, active energy diplomacy, its national oil companies' acquisitions in the key exporting regions of oil and...
Persistent link: https://www.econbiz.de/10010294307