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  1. Distributional and welfare impacts of renewable subsidies in Italy
    Erschienen: 2016
    Verlag:  Fondazione Eni Enrico Mattei, Milano

    We empirically assess the distributional impacts and welfare effects of policies to incentivize renewable electricity production for the case of Italy. We use data from the Household Budget Survey between 2000 and 2010 to estimate a demand system in... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 125 (36)
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    We empirically assess the distributional impacts and welfare effects of policies to incentivize renewable electricity production for the case of Italy. We use data from the Household Budget Survey between 2000 and 2010 to estimate a demand system in which energy goods' shares of expenditure are modelled using different empirical approaches. We show that the general Exact Affine Stone Index (EASI) demand system provides more robust estimates of price elasticities of each composite good than the commonly used Almost Ideal Demand System (AIDS). The estimated coefficients are used to perform a welfare analysis of the Italian renewable electricity production incentive policy. We show that different empirical approaches give rise to significantly different estimates of price elasticities and that methodological choices are the reasons for the very high elasticities of substitutions estimated using similar data by previous contributions. We find no evidence of regressivity of the incidence of the Italian renewable incentive scheme in the period under consideration. The renewable subsidies act as a middle-class tax, with the higher welfare losses experienced by households in the second to fourth quintiles of the expenditure distribution.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/142310
    Schriftenreihe: Array ; 2016, 36
    Umfang: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  2. The economics of greenhouse gas mitigation in developing Asia
    Erschienen: December 2016
    Verlag:  Asian Development Bank, Metro Manila, Philippines

    Developing Asia has the world's fastest greenhouse gas emissions growth. This study uses an economy-energy-climate model to assess the effects of Paris Agreement pledges on Asia, in comparison with business as usual (BAU) and more ambitious... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 496 (504)
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    Developing Asia has the world's fastest greenhouse gas emissions growth. This study uses an economy-energy-climate model to assess the effects of Paris Agreement pledges on Asia, in comparison with business as usual (BAU) and more ambitious scenarios. Results confirm that pledges must be strongly increased in ambition to achieve the Paris Agreement's goal of less than 2 degrees Celsius (2°C) warming. The policy costs of Asia's pledges are found to be less than 1% of gross domestic product (GDP) through 2050, while 2°C scenarios may cost less than 2% of GDP. However, costs are sensitive to assumptions about international carbon markets and mitigation timing, with costs for 2°C scenarios doubling in the absence of carbon trade, and increasing the later that mitigation is initiated. Under the 2°C scenarios, annual average energy supply investments are about $300 billion above the BAU levels through 2050. Mitigation policy may substantially reduce air pollution mortality, with up to 600,000 fewer deaths in Asia annually by 2050. When costs, benefits of avoided climate change, and cobenefits are considered together, investment in mitigation policy is found to have substantial economic returns for the region - if action is taken rapidly and international carbon market mechanisms are implemented.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/169335
    Schriftenreihe: ADB economics working paper series ; no. 504 (December 2016)
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  3. The cost of climate stabilization in Southeast Asia, a joint assessment with dynamic optimization and CGE models
    Erschienen: 2016
    Verlag:  Fondazione Eni Enrico Mattei, Milano

    Southeast Asia is at a time one of the most vulnerable region to the impacts of a changing climate, with millions of its inhabitants still trapped in extreme poverty without access to energy and employed in climate-sensitive sectors, and,... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 125 (76)
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    Southeast Asia is at a time one of the most vulnerable region to the impacts of a changing climate, with millions of its inhabitants still trapped in extreme poverty without access to energy and employed in climate-sensitive sectors, and, potentially, one of the world’s biggest contributors to global warming in the future. Fortunately, major Southeast Asian countries are also implementing policies to improve their energy and carbon efficiency and are discussing if and how to extend these further. The present study aims to assess the implications for energy consumption, energy intensity and carbon intensity in the Southeast Asia region of a set of short-term and long-term de-carbonization policies characterized by different degrees of ambition and international cooperation. The analysis applies two energy-climate-economic models. The first, the fully dynamic Integrated Assessment model WITCH, is more aggregated in the sectoral and country representation, but provides a detailed technological description of the energy sector. The second, the ICES Computable General Equilibrium model, offers a richer sectoral breakdown of the economy and of international trade patterns, but is less refined in the representation of technology. The joint application of these two complementary models allows the capture of distinct and key aspects of low- carbon development paths in Southeast Asia.

     

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    Sprache: Englisch
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    hdl: 10419/150002
    Schriftenreihe: Array ; 2016, 76
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  4. Access to modern energy
    a review of barriers, drivers and impacts
    Erschienen: 5 July 2016
    Verlag:  Fondazione Eni Enrico Mattei, Milano

    Universal access to modern energy services, in terms of access to electricity and to modern cooking facilities, has been recognized as a fundamental challenge for development. Despite strong praise for action and the deployment of large-scale... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 125 (68)
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    Universal access to modern energy services, in terms of access to electricity and to modern cooking facilities, has been recognized as a fundamental challenge for development. Despite strong praise for action and the deployment of large-scale electrification programs and improved cookstove (ICS) distribution campaigns, few studies have shed light on the barriers to, the enablers of and the impacts of access to energy on development outcomes, using rigorous methodologies. This paper reviews this recent strand of research, trying to fill these gaps. We focus on the demand-side and household perspective. Our main outcomes of interest are electricity connection and ICS adoption for the analysis of barriers, time allocation, labour market outcomes and welfare for the impact analysis. We provide evidence of significant wellbeing impacts of electrification, and mixed evidence for cookstoves.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/149541
    Auflage/Ausgabe: This version: 5 July 2016
    Schriftenreihe: Array ; 2016, 68
    Umfang: 1 Online-Ressource (circa 45 Seiten)
  5. The WITCH 2016 model
    documentation and implementation of the shared socioeconomic pathways

    This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the implementation of the SSP/RCP scenario implementation. The WITCH model is a regionally disaggregated hard-linked model based on a... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 125 (42)
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    This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the implementation of the SSP/RCP scenario implementation. The WITCH model is a regionally disaggregated hard-linked model based on a Ramsey type optimal growth model and a detailed bottom-up energy sector model. A particular focus of the model is the modeling or technical change and RnD investments and the analysis of cooperative and non-cooperative climate policies. Moreover, the WITCH 2016 version now includes land-use change modeling based on the GLOBIOM model, and air pollutants, as well as detailed modeling of the transport sector and the possibility for stochastic modeling. This version has been also used to implement the Shared Socioeconomic Pathways (SSPs) set of scenarios and RCP based climate policies to provide a new set of climate scenarios. In this paper, we describe in detail the mathematical formulation of the WITCH model, the solution method and calibration, as well as the implementation of the five SSP scenarios. This report therefore provides detailed information for interested users of the model, and for understanding the implementation of the different "worlds" of the SSP.

     

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    Sprache: Englisch
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    Format: Online
    Weitere Identifier:
    hdl: 10419/142316
    Schriftenreihe: Array ; 2016, 42
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen