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We analyze the efficient subsidy for durable good technologies. We theoretically demonstrate that a policymaker faces a … tension between intertemporally price discriminating by designing a subsidy that increases over time and taking advantage of … future technological progress by designing a subsidy that decreases over time. Using dynamic estimates of household …
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We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...
Persistent link: https://www.econbiz.de/10014284675
We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...
Persistent link: https://www.econbiz.de/10014348184
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