{"title":"Non-monetary incentives for sustainable biomass harvest: An experimental approach","authors":"May Attallah , Jens Abildtrup , Anne Stenger","doi":"10.1016/j.reseneeco.2022.101317","DOIUrl":"10.1016/j.reseneeco.2022.101317","url":null,"abstract":"<div><p>In this article, we use a contextualized lab experiment to test the effect of non-monetary incentives that can guide harvest professionals into adopting new sustainable harvesting practices. First, we test the effect of signing a declaration that commits wood buyers who voluntarily sign it to act in a sustainable manner. Second, we test the effect of priming by activating a concept of sustainability on subjects’ behaviour. Our results provide evidence that presenting a declaration to sign is effective in inducing subjects to act in a sustainable manner when personal and collective interests are not aligned and there are financial incentives to make decisions that are against environmental sustainability. However, sustainability priming does not have a significant impact on subjects’ behaviour. From a public policy point of view, a declaration is an effective tool and easy to implement by institutions aiming at fostering pro-environmental behaviour.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101317"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47465911","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An economic model of vehicle-to-grid: Impacts on the electricity market and consumer cost of electric vehicles","authors":"Mads Greaker , Cathrine Hagem , Stef Proost","doi":"10.1016/j.reseneeco.2022.101310","DOIUrl":"10.1016/j.reseneeco.2022.101310","url":null,"abstract":"<div><p>Higher battery storage capacity in electric vehicles (EV) implies less need for inconvenient recharging during long trips and increases the potential gains from vehicle-to-grid (V2G) electricity supply. We present an analytical model for the intertwinement of the consumers’ choice of battery capacity and the electricity market. We show that V2G increases the consumers’ choice of battery capacity, and it may reduce the cost of owning an EV vis-à-vis a traditional car. Furthermore, V2G alleviates the capacity pressure on peak hours, and thereby reduces the need for investment in generating capacity, saving social costs. Moreover, V2G may make the difference in electricity prices between peak and off-peak hours smaller, potentially increasing social surplus further. Based on a future scenario for the Belgian electricity market, we provide a numerical illustration indicating that the savings might be substantial.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101310"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46468764","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Catching up and falling behind: Cross-country evidence on the impact of the EU ETS on firm productivity","authors":"Nicolas Koch , Michael Themann","doi":"10.1016/j.reseneeco.2022.101315","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2022.101315","url":null,"abstract":"<div><p>This paper identifies the impact of the European Union Emissions Trading System<span> (EU ETS) on firm productivity. We estimate a stylized version of the neo-Schumpeterian productivity model to differentiate dynamic forces of productivity convergence from the policy effect of the EU ETS depending on the level of firms’ technological advancement. The identification is based on a difference-in-differences approach exploiting the incomplete participation requirements of the EU ETS and the rich panel structure of a representative dataset for firm-level total factor productivity (TFP) in eight EU countries from 2002 to 2012. We show that the policy effect on TFP is nonlinear in the distance to the technological frontier within the industry. The EU ETS spurs productivity among firms close to the frontier but slows down catch-up growth among laggard firms.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101315"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91733708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pedro Naso , Ozgun Haznedar , Bruno Lanz , Tim Swanson
{"title":"A macroeconomic approach to global land use policy","authors":"Pedro Naso , Ozgun Haznedar , Bruno Lanz , Tim Swanson","doi":"10.1016/j.reseneeco.2022.101302","DOIUrl":"10.1016/j.reseneeco.2022.101302","url":null,"abstract":"<div><p>It is important to dedicate substantial parts of the global land supply to public good uses in the 21st century, for purposes of climate change management and biodiversity provision. But will it also be possible to meet the food requirements of 12 billion people while doing so? Using a macroeconomic model (MAVA), we demonstrate that it may be possible to provide both for food requirements and environmental services in the long run. We first show that it may be possible to provide for food requirements with very substantial constraints on the amount of land used in agriculture with relatively minor welfare losses. We then show that global policies that re-allocate labour across sectors may have the capacity for directing the economy toward reduced reliance on land in agriculture. Focusing on land management, research and development, and fertility choices may be the best way to meet these combined goals.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101302"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42992214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The economics of climate change with endogenous preferences","authors":"Linus Mattauch , Cameron Hepburn , Fiona Spuler , Nicholas Stern","doi":"10.1016/j.reseneeco.2022.101312","DOIUrl":"10.1016/j.reseneeco.2022.101312","url":null,"abstract":"<div><p>Avoiding unmanageable climate change implies that global greenhouse gas emissions<span> must be reduced rapidly. Carbon prices and technological development are essential to deliver such reductions. Changes in preferences, however, are rarely considered, even though other major socioeconomic transitions – such as those from reducing smoking and drink-driving – have succeeded partly because preferences have changed. This article examines the impact of climate policy-induced changes in consumers’ preferences. We show that low-carbon policies could be better designed if it is recognised that preferences can be endogenous to such policies. For instance, carbon taxes must be adjusted, if they crowd-in or -out social preferences, to achieve a given target. Further, when the urban built environment changes mobility preferences, the value of low-carbon infrastructure investments can be underestimated if such effects are ignored. Third, policy-induced changes in preferences for active travel and plant-based diets could increase the net benefits of the transition to zero emissions.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101312"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43013254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Lesly Cassin , Paolo Melindi-Ghidi , Fabien Prieur
{"title":"Confronting climate change: Adaptation vs. migration in Small Island Developing States","authors":"Lesly Cassin , Paolo Melindi-Ghidi , Fabien Prieur","doi":"10.1016/j.reseneeco.2022.101301","DOIUrl":"10.1016/j.reseneeco.2022.101301","url":null,"abstract":"<div><p>This paper examines the adaptation policy of Small Island Developing States (SIDS) facing climate change. We consider a dynamic economy with the following ingredients: <em>(i)</em> natural capital is an input in local production that is degraded as a result of climate change; <em>(ii)</em> the government has two instruments to cope with climate-related damages: it can adjust the population size thanks to migration policies and/or it can undertake adaptation measures in order to slow the degradation of natural assets; <em>(iii)</em><span><span><span> expatriates send remittances back home. We identify two critical conditions on the fundamentals of the economy that helps understand the features of the </span>optimal policy. We especially show that in most situations, the migration policy is a valuable instrument. Calibrating the model for Caribbean SIDS, we find that the optimal policy of the Caribbean region displays heterogeneity, that is explained by the different </span>degradation rate, population size, and endowment in natural capital. We also highlight that the higher the climate damages, the higher the incentives to conduct an active adaptation policy, combining conventional adaptation actions and migration.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101301"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49320566","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"One or two non-fossil technologies in the decarbonized transport sector?","authors":"Gøril L. Andreassen , Knut Einar Rosendahl","doi":"10.1016/j.reseneeco.2022.101314","DOIUrl":"10.1016/j.reseneeco.2022.101314","url":null,"abstract":"<div><p>What factors determine whether policymakers should promote one or more technologies in a decarbonized road transport sector, and what policies should governments choose? We investigate these questions theoretically and numerically through a static, partial equilibrium model for the road transport market. We find that one important factor is how close substitutes the two vehicle technologies are. Further, the number of vehicles of one technology depends on the number of vehicles of the other technology, both in the market and in the first-best solution. The first-best policy involves a subsidy of the markup on charging and filling, where the markup is higher the more utility increases with the number of stations. However, as there are several possible market equilibria, additional policies may be needed to avoid an unwanted lock-in.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"69 ","pages":"Article 101314"},"PeriodicalIF":2.9,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765522000318/pdfft?md5=cb96cc30fd852dcd36f87c08c0287d07&pid=1-s2.0-S0928765522000318-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45126280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
S. Schwartz , J. Choumert-Nkolo , J.-L. Combes , P. Combes-Motel , E. Kere
{"title":"Optimal protected area implementation under spillover effects","authors":"S. Schwartz , J. Choumert-Nkolo , J.-L. Combes , P. Combes-Motel , E. Kere","doi":"10.1016/j.reseneeco.2022.101284","DOIUrl":"10.1016/j.reseneeco.2022.101284","url":null,"abstract":"<div><p>This paper determines the best political implementation level of protected areas in the presence of two spillover effects, the infrastructure and scarcity effects. We show that decentralized regulation always leads to an overall decrease in deforestation under the infrastructure effect but not under the scarcity effect. Centralized regulation always leads to a larger protected area than decentralized regulation under the scarcity effect, which is not always true under the infrastructure effect. Finally, we conduct a case study of the Brazilian Legal Amazônia and find that spillover effects matter in the size of protected area design.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"68 ","pages":"Article 101284"},"PeriodicalIF":2.9,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47150988","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
David Wolf , H. Allen Klaiber , Sathya Gopalakrishnan
{"title":"Beyond marginal: Estimating the demand for water quality","authors":"David Wolf , H. Allen Klaiber , Sathya Gopalakrishnan","doi":"10.1016/j.reseneeco.2022.101299","DOIUrl":"10.1016/j.reseneeco.2022.101299","url":null,"abstract":"<div><p>Using micro-level data across Wisconsin covering over 100 inland lakes, we recover first- and second-stage hedonic welfare estimates for non-marginal changes in water quality. We overcome longstanding endogeneity concerns with Rosen (1974)’s second stage hedonic framework and recover slope estimates for water quality demand using instruments based on sorting behavior. For near lake Wisconsin households, we find the slope of their water quality demand function is bounded by − 2087 when imperfect instruments are employed, which is significantly more price inelastic than the naïve OLS estimate of − 895. Applying these estimates to a hypothetical policy scenario where water quality reduces by 24.2% due to a 30-year continuation of current trends, we find welfare losses of at least $7554 per household. These losses are 22% ($1658) more than what is predicted from marginal willingness to pay estimates recovered from the first-stage hedonic. For policymakers, our results highlight the importance of recovering underlying demand functions when evaluating non-marginal water quality improvements.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"68 ","pages":"Article 101299"},"PeriodicalIF":2.9,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47245731","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Estimating welfare impacts of climate change using a discrete-choice model of land management: An application to western U.S. forestry","authors":"Yukiko Hashida , David J. Lewis","doi":"10.1016/j.reseneeco.2022.101295","DOIUrl":"10.1016/j.reseneeco.2022.101295","url":null,"abstract":"<div><p>This study develops a method to estimate the welfare impacts of climate change on landowners using a discrete-choice econometric model of land management. We apply the method to forest management in the Pacific states of the U.S. and estimate welfare effects on the region that holds the largest current commercial value – western Oregon and Washington. We find evidence that a warmer and drier climate will induce an approximate 39 % loss in the economic value of timberland by 2050, though there is heterogeneity across space. The discrete-choice approach allows us to determine that the welfare losses are primarily driven by estimated losses to Douglas-fir, the most commercially valuable species. An alternative approach to welfare analysis from climate change is the Ricardian method, which gives conceptually similar estimates to the discrete-choice method. While we find similar empirical findings between the discrete-choice and Ricardian approaches, the discrete-choice approach provides more heterogeneity and somewhat larger negative welfare impacts. Our analysis is notable for providing the first empirical evidence that climate change can induce welfare losses to timberland owners, even while accounting for optimal adaptation.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"68 ","pages":"Article 101295"},"PeriodicalIF":2.9,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765522000124/pdfft?md5=dbe069ee0fdc2abb3ddbb6a009930e98&pid=1-s2.0-S0928765522000124-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49297661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}