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exploit a natural experiment in which wind farm developers could choose an investment or output subsidy to estimate the impact … claiming the investment subsidy produced 10 to 11 percent less power than wind farms claiming the output subsidy, and that this … effect reflects subsidy incentives rather than selection. The introduction of investment subsidies caused the Federal …
Persistent link: https://www.econbiz.de/10012852740
sales and prices of subsidized models and their non-subsidized substitutes. It explores a number of subsidy programs … of subsidized products to take advantage of the subsidy, these effects are limited and, in most cases, programs are found …
Persistent link: https://www.econbiz.de/10012859410
optimal uniform subsidy is lower than the "Pigouvian" level. Conversely, under a non-linear policy the first-best "Pigouvian …" rule for the (marginal) subsidy on informal care is reestablished. While the share of high career mothers continues to be …
Persistent link: https://www.econbiz.de/10012859767
domestic and foreign production of other goods. The optimal tax-subsidy scheme is based on an intuitive principle: Impose a …. Producers of renewables-based electricity should receive a subsidy to internalize their contribution to the reduction of global …
Persistent link: https://www.econbiz.de/10012859989
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10013048485
We derive optimal subsidization of renewable energies in electricity markets. The analysis takes into account that capacity investment must be chosen under uncertainty about demand conditions and capacity availability, and that capacity as well as electricity generation may be sources of...
Persistent link: https://www.econbiz.de/10013050393
This paper deals with impacts of fossil fuel subsidy reform on economic growth, focusing mostly on the countries of the … subsidies are generally high, such as those in the MENA Region. We here predict that for a given level of subsidy, a 20 cents …
Persistent link: https://www.econbiz.de/10013018923
consequences of energy subsidy reforms. The framework is applied to the case of Indonesia to study the consequences in this country … of a gradual phase out of all energy consumption subsidies between 2012 and 2020. The energy subsidy estimates used as …
Persistent link: https://www.econbiz.de/10013019082
This paper shows that high energy subsidies and low public social spending can emerge as an equilibrium outcome of a political game between the elite and the middle-class when the provision of public goods is subject to bottlenecks, reflecting weak domestic institutions. We test this and other...
Persistent link: https://www.econbiz.de/10013021781
“Lifting or keeping the subsidy” has been a controversial issue, precisely in Egypt it has always been too “hot to … reforming the subsidy on the entire energy sector to wean it gradually and return to full cost as of 2014, only one phase of … this plan has been executed on removing 20% of the electricity subsidy, but the remaining phases where put on hold since …
Persistent link: https://www.econbiz.de/10013024095