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Efficiency improvement in electricity uses leads to a decrease in its demand and consequently a decline in the market price of electricity. It is expected that the induced increase in electricity demand due to this price effect offsets part of the primary reduction in consumption, a phenomenon...
Persistent link: https://www.econbiz.de/10015265033
The purpose of this study is to discuss and show how a general equilibrium analysis can be used to decompose demand elasticity. We apply this framework into the electricity market. To do so, we use a general equilibrium model, assuming Iran as a small and open economy. In this model, we separate...
Persistent link: https://www.econbiz.de/10015265036
Efficiency improvement in electricity uses leads to a decrease in its demand and consequently a decline in the market price of electricity. It is expected that the induced increase in electricity demand due to this price effect offsets part of the primary reduction in consumption, a phenomenon...
Persistent link: https://www.econbiz.de/10015265056
An increase in energy prices will decrease fossil fuel consumption; on the other hand, the cost-push will encourage technology improvement for firms and households. These changes will affect the emission level. This paper studies the changes in yearly pollutant emissions after an energy price...
Persistent link: https://www.econbiz.de/10015265037
Climate change is the most important phenomenon that directly affects the environment worldwide. The effect of this global phenomenon varies across countries. Some of the consequences of climate change worth mentioning are disappearing of glaciers, the sea level rise and the declining crop...
Persistent link: https://www.econbiz.de/10015371185