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  1. Energy, Groundwater, and Crop Choice
    Erschienen: 2021
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This... mehr

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This paper provides the first large-scale empirical estimates of how farmers respond to changes in groundwater costs in one of the world's most valuable agricultural areas: California. Using rich administrative data and exogenous variation in the price of electricity, a key input into groundwater extraction, we find that farmers are very price responsive: we estimate large price elasticities of demand for electricity (-1.17) and groundwater (-1.12). We demonstrate that crop switching and fallowing are the main channel through which farmers respond to increases in groundwater costs. Using a static discrete choice model, we estimate that a counterfactual $10 per-acre-foot groundwater tax--a level consistent with California's sustainability targets--would lead farmers to reallocate 3.9 percent of cropland, with increases in fallowing and high-value fruit and nut perennials, and decreases in annual crops and low-value perennials

     

    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: NBER working paper series ; no. w28706
    Schlagworte: Grundwasser; Wassermangel; Landwirtschaft; Landwirte; Wasserpreis; Strompreis; Preiselastizität; Schätzung; Umweltpolitik; Kalifornien; USA
    Umfang: 1 Online-Ressource, illustrations (black and white)
    Bemerkung(en):

    Hardcopy version available to institutional subscribers

  2. Panel data and experimental design
    Erschienen: September 2019
    Verlag:  National Bureau of Economic Research, Cambridge, MA

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (26250)
    uneingeschränkte Fernleihe, Kopie und Ausleihe
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 26250
    Schlagworte: Panel; Versuchsplanung; Software; Experimentelle Ökonomik
    Umfang: 37 Seiten, Illustrationen
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    Erscheint auch als Online-Ausgabe

  3. Intermittency or uncertainty?
    impacts of renewable energy in electricity markets
    Erschienen: August 2022
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Renewable energy resources possess unique characteristics-intermittency and uncertainty- that pose challenges to electricity grid operations. We study these characteristics and find that uncertainty, represented by wind forecast error, has larger... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Renewable energy resources possess unique characteristics-intermittency and uncertainty- that pose challenges to electricity grid operations. We study these characteristics and find that uncertainty, represented by wind forecast error, has larger grid impacts than intermittency, or hourly generation changes. Uncertainty yields roughly double the price effects and roughly double the number of conventional generator start-ups, as compared to perfectly forecast wind. While this finding is important given the persistence of wind forecast error over the study period, reducing wind forecast error to the level of demand forecast error would lower costs by a modest half a million dollars per year.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/265937
    Schriftenreihe: CESifo working paper ; no. 9902 (2022)
    Schlagworte: renewable energy; electricity prices and price dispersion; electricity grid management
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  4. Yellow vests, pessimistic beliefs, and carbon tax aversion (2022)
    a comment
    Erschienen: September 2023
    Verlag:  Institute for Replication, Essen, Germany

    Douenne and Fabre (2022) implement a representative survey following the Yellow Vests movement in France that started in opposition to the carbon tax in 2018, They find that a majority of French citizens would oppose a carbon tax and dividend program... mehr

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    Douenne and Fabre (2022) implement a representative survey following the Yellow Vests movement in France that started in opposition to the carbon tax in 2018, They find that a majority of French citizens would oppose a carbon tax and dividend program with proceeds paid equally to each adult, The authors further find that respondents have pessimistic beliefs about several aspects of the policy, They then show how informational treatments cause respondents to update these beliefs, and they finally estimate the causal effect of these beliefs on support for the policy, In this note, we focus on the second section of this paper: the causal effects of feedback on beliefs, Based on elicited household characteristics, Douenne and Fabre (2022) estimate whether each household "wins" or "loses" from the carbon tax and dividend reform, They provide this binary (win vs, lose) information to households and subsequently ask households to evaluate whether they believe they would financially benefit from the policy, By exploiting the discontinuity in win vs, lose feedback, they assess the degree to which feedback affects subjective beliefs, finding that a household that is told it will "win" as a result of the reform increases its subjective belief that it will not lose by about 25 percentage points, The subset of households that is part of the Yellow Vests movement, however, revises its subjective belief of not losing upwards by only 10 percentage points after being told that it will "win" from the carbon tax reform, Conversely, households who initially support the tax increase this belief by 41 percentage points when told they will "win." In this note we replicate this second section of the paper-the causal effects of feedback on beliefs- using the processed data provided by the authors, We successfully replicate the average treatment effect, but we find that the heterogeneous treatment effects may be biased due to model misspecification, While our results support the conclusion that these estimated effects depend on a household's attitudes toward the policy, we find that the source of heterogeneity differs, Further, we note two changes to the analysis that we believe are appropriate (which do not affect the conclusions drawn): first, some (1.8%) of observations in the dataset appear to be misclassified-wrongly coded as if a household would "lose" when in fact they would "win"-and second, the main causal analysis is based on a regression discontinuity design, but does not include standard components of such a design (e.g., a RD plot, optimal selection of bandwidth, density analysis, placebo tests), We update the design to address both of these points, We find results that generally support the main conclusions of Douenne and Fabre (2022), but we urge caution when interpreting the heterogeneous treatment effects.

     

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    Quelle: Verbundkataloge
    Beteiligt: Douenne, Thomas (VerfasserIn des Bezugswerks); Fabre, Adrien (VerfasserIn des Bezugswerks)
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/275821
    Schriftenreihe: I4R discussion paper series / Institute for Replication ; no. 58
    Umfang: 1 Online-Ressource (circa 19 Seiten), Illustrationen