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This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated product markets with multi-plant firms, and use...
Persistent link: https://www.econbiz.de/10014282440
essential basis for achieving the aims of higher overall energy efficiency and a significantly increased proportion of … recently amended the national energy law and established specific and comprehensive regulations directed at security and …
Persistent link: https://www.econbiz.de/10014174539
Electricity system operations are often affected by energy policies, but spatial differences in policy impacts are …
Persistent link: https://www.econbiz.de/10014177040
In recent years, national and global energy security has become a key political and economic issue, and the players in … this global energy game are also diversified. Corresponding to the diversified sectors and multiple components, energy … security can be studied from a number of perspectives. We will focus on the behavior of energy companies in this study …
Persistent link: https://www.econbiz.de/10014162651
I analyze energy-efficiency policy as a prescription of a minimum-efficiency standard for energy-using household goods … invest at all. Thus, additional to and different from rebound effects, energy-efficiency policy may have unintended …, and reduces energy demand. More stringent policy is shown to be less effective or even counterproductive. For the case of …
Persistent link: https://www.econbiz.de/10014105268
In this paper, we review the state-of-the-art and common practice of energy and climate modeling vis-a-vis the rebound … literature. In particular, we study how energy system and economy wide models include and quantify rebound effects - the gap … between actual and expected saving or the behavioral adjustment in response to an energy efficiency improvement, in terms of …
Persistent link: https://www.econbiz.de/10014108950
There is a growing body of literature mentioning the slow pace of energy technological progress as compared to other … technologies like information technology (IT), but the reasons why energy sector is perplexed by slow innovation remain unexplained … the mechanism that underlies the slow progress of energy technological innovation. We show that in decentralized market …
Persistent link: https://www.econbiz.de/10012997624
Real time information feedback combined with various pricing schemes has been found to reduce residential energy … improvements in energy savings when comparing monthly and bi-monthly billing treatments. These findings suggest that increasing …
Persistent link: https://www.econbiz.de/10013003627
One of the main reasons for the drop in oil prices that began in 2014 was a rapid increase in U.S. oil production—it reached the level of the other two biggest producers, Russia and Saudi Arabia, that same year. That, in turn, decreased U.S. demand for imported petroleum and hence put downward...
Persistent link: https://www.econbiz.de/10012962823
Persistent link: https://www.econbiz.de/10013037781