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  1. Who (else) benefits from electricity deregulation?
    coal prices, natural gas and price discrimination
    Erschienen: [2018]
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    The movement to deregulate major industries over the past 40 years has produced large efficiency gains. However, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information... mehr

    Staats- und Universitätsbibliothek Bremen
    keine Fernleihe
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63 (7374)
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    The movement to deregulate major industries over the past 40 years has produced large efficiency gains. However, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information available to market participants through the formation of wholesale markets. We test whether upstream suppliers, specifically railroads that transport coal from mines to power plants, use this information to capture economic rents that would otherwise accrue to electricity generators. Using natural gas prices as a proxy for generators’ surplus, we find railroads charge higher markups when rents are larger. This effect is larger for deregulated plants, high-lighting an important distributional impact of deregulation. This also means policies that change fuel prices can have substantially different effects on downstream consumers in regulated and deregulated markets.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/191399
    Schriftenreihe: Array ; no. 7374 (November 2018)
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  2. Food vs. fuel?
    impacts of petroleum shipments on agricultural prices
    Erschienen: October 2017
    Verlag:  National Bureau of Economic Research, Cambridge, MA

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (23924)
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    Sprache: Englisch
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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 23924
    Schlagworte: Schienengüterverkehr; Erdöl; Getreide; Wirkungsanalyse; Getreidepreis; North Dakota; USA
    Umfang: 51 Seiten, Illustrationen
    Bemerkung(en):

    Erscheint auch als Online-Ausgabe

  3. Evidence of a shift in the short-run price elasticity of gasoline demand
    Erschienen: 2006
    Verlag:  National Bureau of Economic Research, Cambridge, Mass.

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Sprache: Englisch
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    Schriftenreihe: NBER working paper series ; 12530
    Schlagworte: Benzin; Preiselastizität; Einkommenselastizität der Nachfrage; Konsumentenverhalten; Politischer Wandel; USA
    Umfang: [32] S.
    Bemerkung(en):

    Internetausg.: papers.nber.org/papers/w12530.pdf - lizenzpflichtig

  4. Greenhouse gas reductions under low carbon fuel standards?
    Erschienen: 2007
    Verlag:  National Bureau of Economic Research, Cambridge, Mass.

    A low carbon fuel standard (LCFS) seeks to reduce greenhouse gas emissions by limiting a fuel producer's carbon emissions per unit of output. California has launched an LCFS for transportation fuels; others have called for a national LCFS. We show... mehr

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    ifo Institut für Wirtschaftsforschung an der Universität München, Bibliothek
    82/766 B-13266
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    A low carbon fuel standard (LCFS) seeks to reduce greenhouse gas emissions by limiting a fuel producer's carbon emissions per unit of output. California has launched an LCFS for transportation fuels; others have called for a national LCFS. We show that this policy decreases production of high-carbon fuels but increases production of low-carbon fuels. The net effect of this may be an increase in carbon emissions. The LCFS cannot be first best, and the best LCFS may reduce social welfare. We simulate the outcomes of a national LCFS, focusing on gasoline and ethanol as the high- and low-carbon fuels. For a broad range of parameters, we find that the LCFS is unlikely to increase CO2 emissions. However, the surplus losses from the LCFS are likely to be quite large ($80 to $760 billion annually for a national LCFS reducing carbon intensities by 10 percent), energy prices are likely to increase, and the average carbon cost ($307 to $2,272 per ton of CO2 for the same LCFS) can be much larger than damage estimates. We describe an efficient policy that achieves the same emissions reduction at a much lower surplus cost ($16 to $290 billion) and much lower average carbon cost ($60 to $868 per ton of CO2).

     

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    Sprache: Englisch
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    Schriftenreihe: NBER working paper series ; 13266
    Schlagworte: Umweltbelastung; Kraftstoff; Treibhausgas-Emissionen; Umweltpolitik; Kosten-Wirksamkeits-Analyse; USA
    Umfang: 57 S., graph. Darst.
    Bemerkung(en):

    Literaturverz. S. 35 - 36

    Internetausg.: papers.nber.org/papers/w13266.pdf - lizenzpflichtig

  5. Getting Green with solar subsidies
    evidence from the California solar initiative
    Erschienen: 2013
    Verlag:  Center for Economic Analysis, Dep. of Economics, Univ. of Colorado at Boulder, Boulder, Colo.

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Discussion papers in economics / Center for Economic Analysis Department of Economics, University of Colorado at Boulder ; 13-06
    Umfang: Online-Ressource (46 S.), graph. Darst. Kt.