The purpose of this paper is to empirically estimate a model of aggregate residential and commercial energy demand elasticities, taking into account capital stock and climate effects. We model a theoretically founded non-linear energy demand system for the most important 117 countries in the...

This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for 108 countries from 1971 to 2018, using a common data set, with VAR and panel data approach. We establish a new notion of multivariate sigma and beta-convergence. The results...

In this paper, we derive several alternative pricing schemes to allocate worldwide taxation burden to reduce carbon emissions. We compare traditional allocation schemes with an optimal Ramsey pricing by applying the outcome of modeling heterogeneous consumer behavior across countries. Using...