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The dynamics of demand for energy goods such as gasoline are complicated by investment decisions and behavioral habits. Both types of complication can be captured by a habits model, in which past consumption enters into an agent's current utility function. If the agent is forward-looking, or...
Persistent link: https://www.econbiz.de/10010593866
In this paper, we estimate the demand for road diesel in Canada using aggregate annual data for the period 1986–2008. Using a partial adjustment model (PAM), we find short and long run price elasticities of −0.43 and −0.8 respectively. However, using cointegration techniques, we obtain...
Persistent link: https://www.econbiz.de/10011100096
This paper reviews empirical research on migration and land use impacts associated with climate change. Household migration arises due to changes in economic opportunities and climate amenities resulting from climate change. Throughout the paper, efforts are made to highlight key empirical...
Persistent link: https://www.econbiz.de/10011115926
The paper evaluates the impacts on investments and public finance of a transition to a green, low carbon, economy induced by carbon taxation. Four global tax scenarios are examined using the integrated assessment model WITCH. Taxes are levied on all greenhouse gases (GHGs) and lead to global GHG...
Persistent link: https://www.econbiz.de/10011039577
We explore the implications of potentially counteractive greenhouse gas mitigation responses to carbon prices and the complications that could ensue for limiting radiative forcing in the near-term. Specifically we consider the problem of reproducing the radiative forcing pathway for...
Persistent link: https://www.econbiz.de/10011039640
We use the MESSAGE model to examine multiple dimensions of sustainable development for three Asian regions in a set of scenarios developed for the Asian Modelling Exercise. Using climate change mitigation as a starting point for the analysis, we focus on the interaction of climate and energy...
Persistent link: https://www.econbiz.de/10010602897
The process of urbanization has been shown to be important for economic development, environmental impacts and human wellbeing, particularly in developing countries. In this paper we compare structure, data sources and scenario results of four integrated assessment models that are capable of...
Persistent link: https://www.econbiz.de/10010602905
This paper quantitatively evaluates consumers' willingness to pay for hybrid vehicles by estimating the demand of hybrid vehicles in the U.S. market. Using micro-level data on consumer purchases of hybrid and non-hybrid vehicles from National Household Travel Survey 2009, this paper formulates a...
Persistent link: https://www.econbiz.de/10011100080
Transport sector accounts for about 8% of total energy consumption in China and this share will likely increase in the visible future. Improving energy efficiency has been considered as a major way for reducing transport energy use, whereas its effectiveness might be affected by the rebound...
Persistent link: https://www.econbiz.de/10010868765
In 2010, the U.S. Environmental Protection Agency announced a waiver allowing an increase in the fuel–ethanol blend limit (the “blend wall”) from 10% (E10) to 15% (E15). Justifications for the waiver are reduced vehicle-fuel prices and less consumption of petroleum gasoline, leading to...
Persistent link: https://www.econbiz.de/10011100119