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Öffentlichkeit und Politik müssen häufig den Eindruck gewinnen, dass Wirtschaftswissenschaftler bei zentralen wirtschaftspolitischen Fragen keine Einigkeit erzielen können. Dies gilt nicht zuletzt für die Umsetzung der Energiewende. Dieser Beitrag nutzt die öff entlich zugänglichen...
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Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous studies analyzing the relative capital-skill...
Persistent link: https://www.econbiz.de/10011402402
Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...
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Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous studies analyzing the relative capital-skill...
Persistent link: https://www.econbiz.de/10011446167
Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...
Persistent link: https://www.econbiz.de/10011446934
This paper compares technologies across space and time on the basis of factual and counterfactual substitution elasticities and argues that differences in estimated substitution elasticities should be decomposed into two counterfactual components. While the first component is designed to...
Persistent link: https://www.econbiz.de/10011447707