Showing 1 - 10 of 563
This paper provides causal evidence on how political parties consolidate power in an electoral democracy. We collect administrative data on expressway construction by the Justice and Development Party (AKP) in Turkey, and use province-by-year variation in expressway construction to show that...
Persistent link: https://www.econbiz.de/10013315186
We evaluate the impact of a place-based infrastructure development scheme directed towards India's most "backward … electricity and had a lower likelihood of facing a power cut. We also find increases in migrants, and proportion of new firms in …
Persistent link: https://www.econbiz.de/10012912259
increased river temperatures on German electricity prices from 2002 to 2009. Having controlled for demand effects, the results … indicate that the electricity price is significantly impacted by both a change in river temperatures and the relative abundance … of river water. An implication is that future climate change will affect electricity prices not only through changes in …
Persistent link: https://www.econbiz.de/10013089970
We examine heterogeneity in Norwegian households' price responses to critical peak pricing (CPP) on electricity … consumption, using a large-scale randomized controlled trial (RCT), high-frequency electricity data, and default enrollment …. Increasing the grid transmission charge by 4,067% (corresponding to an increase in the electricity price by 1,242%) leads to a 12 …
Persistent link: https://www.econbiz.de/10014030825
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large …
Persistent link: https://www.econbiz.de/10013120145
This paper develops a pseudo-panel approach to examine household electricity demand behavior through the household life … evidence that the income elasticity of French residential electricity demand is 0.22, averaged over our four cohorts of … electricity consumption follows an inverted U-shaped distribution as a function of the age of the household's head. Most notably …
Persistent link: https://www.econbiz.de/10013251547
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital … stronger in firms with lower levels of internal resources. We find that, on average, EPL reduces investment per worker, capital …
Persistent link: https://www.econbiz.de/10013159932
This paper explores the long run relationship between public and private investment in the euro area in terms of … capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …
Persistent link: https://www.econbiz.de/10013057463
Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour costs or labour-market institutions. This paper explores an additional source of differentials in competitiveness: land and building prices. European countries, especially France,...
Persistent link: https://www.econbiz.de/10013086230
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …
Persistent link: https://www.econbiz.de/10012863789