Showing 1 - 10 of 19
This paper presents evidence that the accumulating cost of Germany's ambitious plan to transform its system of energy provision – the so-called Energiewende – is butting up against consumers' willingness-to-pay (WTP) for it. Following a descriptive presentation that traces the German...
Persistent link: https://www.econbiz.de/10012961567
The production of electricity on the basis of renewable energy technologies is a classic example of an impure public good. It is often discriminatively financed by industrial and household consumers, such as in Germany, where the energy-intensive sector benefits from far-reaching exemptions,...
Persistent link: https://www.econbiz.de/10014114882
Drawing on household data collected in Germany between 1997 and 2012, this article investigates the heterogeneity in the direct rebound effect of individual mobility using discrete-continuous models, a common technique for addressing selectivity biases in data sets with endogenously partitioned...
Persistent link: https://www.econbiz.de/10014124139
Rebound effects measure the behaviorally induced offset in the reduction of energy consumption following efficiency improvements. Using panel estimation methods and household travel diary data collected in Germany between 1997 and 2009, this study identifies the rebound effect in private...
Persistent link: https://www.econbiz.de/10013118545
This article investigates a bracketing property that purports to yield upper- and lower bounds on the treatment effects obtained from a fixed effects- and lagged dependent variable model. With reference to both analytical results and a Monte Carlo simulation, we explore the conditions under...
Persistent link: https://www.econbiz.de/10014346130
Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the residential sector in greenhouse gas emissions. Drawing on data originating from the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual...
Persistent link: https://www.econbiz.de/10013014054
This article investigates the pass-through of global Brent oil notations to fuel prices across the oligopoly of retail majors in Germany. We assemble a high-frequency panel data set that encompasses millions of price observations and allows us to distinguish effects by brand. Upon establishing a...
Persistent link: https://www.econbiz.de/10013009930
The seminal studies by Allcott and Mullainathan (2010), Allcott (2011), and Allcott and Rogers (2014) show that social comparison-based home energy reports (HER) are a cost-effective climate policy intervention in the US. Our paper demonstrates the context-dependency of this result. In most...
Persistent link: https://www.econbiz.de/10014112019
Data envelopment analysis (DEA) and stochastic frontier analysis (SFA), as well as combinations thereof, are widely applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and benchmarking. Using a Monte Carlo simulation experiment,...
Persistent link: https://www.econbiz.de/10014033300
Exemptions from costly policy measures are frequently applied to alleviate financial burdens to specific market participants. Using a stated-choice experiment with around 6,000 German household heads, we test how exemptions for low-income households and energy-intensive companies influence the...
Persistent link: https://www.econbiz.de/10013307276