Resource and Energy Economics最新文献_第10页

Market competition and strategic choices of electric power sources under fluctuating demand 需求波动下的市场竞争与电力资源战略选择

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-05-01 DOI: 10.1016/j.reseneeco.2021.101280

Hiroaki Ino , Norimichi Matsueda , Toshihiro Matsumura

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引用次数: 1

Raising climate ambition in emissions trading systems: The case of the EU ETS and the 2021 review 在排放交易体系中提高气候目标:欧盟排放交易体系和2021年审查的案例

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-05-01 DOI: 10.1016/j.reseneeco.2022.101300

Simon Quemin

{"title":"Raising climate ambition in emissions trading systems: The case of the EU ETS and the 2021 review","authors":"Simon Quemin","doi":"10.1016/j.reseneeco.2022.101300","DOIUrl":"10.1016/j.reseneeco.2022.101300","url":null,"abstract":"<div><p>We provide a quantitative assessment of policy options to inform the 2021 review of the EU Emissions Trading System (ETS) and raise climate ambition. We use a permit trading model in which firms utilize rolling finite planning horizons, which replicates historical price and banking developments well compared to an infinite horizon. When firms have bounded foresight, indirectly raising ambition through the Market Stability Reserve (MSR) is not equivalent to directly raising ambition through the emissions cap trajectory. Leveraging the MSR turns out to be efficiency improving as it compensates for firms’ bounded foresight by frontloading abatement efforts. We analyze the MSR interaction with the cap trajectory to exploit synergies and minimize the cost of raising ambition. We also provide a comparative assessment of a complete suite of changes in the MSR parameters. Whatever its parameters, MSR-induced resilience to demand shocks remains limited by design: the MSR acts more as an unconditional price support provider than as a responsive price stabilizer.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"68 ","pages":"Article 101300"},"PeriodicalIF":2.9,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765522000173/pdfft?md5=01279b56fc8d5091aa85dac445aba602&pid=1-s2.0-S0928765522000173-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48379793","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}

引用次数: 30

Structural behavioral models for rights-based fisheries 基于权利的渔业的结构行为模型

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-05-01 DOI: 10.1016/j.reseneeco.2022.101294

Matthew N. Reimer , Joshua K. Abbott , Alan C. Haynie

{"title":"Structural behavioral models for rights-based fisheries","authors":"Matthew N. Reimer , Joshua K. Abbott , Alan C. Haynie","doi":"10.1016/j.reseneeco.2022.101294","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2022.101294","url":null,"abstract":"<div><p>Rights-based management is prevalent in many fisheries, yet conventional spatiotemporal models of fishing behavior do not reflect such institutional settings. We adapt random utility maximization (RUM) models of spatiotemporal fishing behavior to capture the general equilibrium dynamics of catch-share fisheries by incorporating endogenously determined equilibrium quota prices. We demonstrate how a structural estimation strategy is capable of recovering policy-invariant behavioral parameters and predicting out-of-sample counterfactual policies. We illustrate the utility of our structural modeling approach by evaluating the efficacy of “ecosystem-based” policies, such as spatial closures, in a catch-share-managed fishery. Simulation results reveal that such policies have the potential to distort price signals in the quota market and prevent quota prices from coordinating fishing behavior in an efficient manner. Ecosystem-based policies may thus fall short of their intended objectives when introduced into rights-based managed fisheries. Importantly, we demonstrate that such conclusions cannot easily be drawn from behavioral models that omit or approximate the general equilibrium dynamics of rights-based fisheries.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"68 ","pages":"Article 101294"},"PeriodicalIF":2.9,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765522000112/pdfft?md5=96d7ce2e09ff5863ed501afa8714c133&pid=1-s2.0-S0928765522000112-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72290571","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}

引用次数: 0

Moving down the energy ladder: In-utero temperature and fuel choice in adulthood 能量阶梯向下移动:子宫内温度和成年后的燃料选择

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-05-01 DOI: 10.1016/j.reseneeco.2022.101297

Manuel Barron

引用次数: 0

Using consumer’s surplus to bound willingness to pay for non-market goods 用消费者剩余来约束非市场商品的支付意愿

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-02-01 DOI: 10.1016/j.reseneeco.2021.101276

Jon R. Neill

引用次数: 1

Integrated assessment of nitrogen runoff to the Gulf of Mexico 流入墨西哥湾的氮径流的综合评估

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-02-01 DOI: 10.1016/j.reseneeco.2021.101279

Yuelu Xu , Levan Elbakidze , Haw Yen , Jeffrey G. Arnold , Philip W. Gassman , Jason Hubbart , Michael P. Strager

{"title":"Integrated assessment of nitrogen runoff to the Gulf of Mexico","authors":"Yuelu Xu , Levan Elbakidze , Haw Yen , Jeffrey G. Arnold , Philip W. Gassman , Jason Hubbart , Michael P. Strager","doi":"10.1016/j.reseneeco.2021.101279","DOIUrl":"10.1016/j.reseneeco.2021.101279","url":null,"abstract":"<div><p>An integrated hydro-economic agricultural land use model was developed with endogenous and spatially explicit crop planting, nitrogen (N) fertilizer use and irrigation in the Mississippi River Basin (MRB). We used the model to quantify the effects of energy and N fertilizer prices on N runoff to the Gulf of Mexico. Results show a modest effect of energy costs and a more substantive impact of N fertilizer costs on N delivered to the Gulf of Mexico. A 30 % reduction (increase) in N fertilizer price leads to a 3.5 % and 1.5 % increase (2.9 % and 1.5 % decrease) in N use and runoff, respectively. The model was also used to estimate the opportunity cost of N runoff abatement. The opportunity cost of reducing N runoff from crop production to the Gulf by 45 % is estimated to be $6 billion annually, which corresponds to an average cost of $29.3 per kg of N runoff reduction. The results show heterogeneities in the optimal N runoff reduction efforts across counties within the MRB, demonstrating the significance of a targeted abatement strategy.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"67 ","pages":"Article 101279"},"PeriodicalIF":2.9,"publicationDate":"2022-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765521000646/pdfft?md5=be844588b8b7a65a2793611957ca5c34&pid=1-s2.0-S0928765521000646-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49303611","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}

引用次数: 8

Revisiting the location bias and additionality of REDD+ projects: the role of project proponents status and certification 重新审视REDD+项目的位置偏差和附加性:项目支持者的地位和认证的作用

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-02-01 DOI: 10.1016/j.reseneeco.2021.101277

Philippe Delacote , Gwenolé Le Velly , Gabriela Simonet

引用次数: 7

Sell green and buy green: A signaling theory of green products 绿色买卖:绿色产品的信号理论

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-02-01 DOI: 10.1016/j.reseneeco.2021.101266

Hyoshin Ki, Jeong-Yoo Kim

{"title":"Sell green and buy green: A signaling theory of green products","authors":"Hyoshin Ki, Jeong-Yoo Kim","doi":"10.1016/j.reseneeco.2021.101266","DOIUrl":"10.1016/j.reseneeco.2021.101266","url":null,"abstract":"<div><p>In this paper, we reconsider the information problem of consumers who are concerned about the environment that was first identified by <span>Mahenc, 2007</span>, <span>Mahenc, 2008</span>. We obtain the result that Intuitive Criterion selects the unique equilibrium in which a seller producing eco-friendly products separates itself from the seller producing eco-unfriendly products by distorting its price from its first-best price upwards to the least costly degree. That is, a high price signals environmental friendliness. This is contrasted with the result of <span>Mahenc (2007)</span> who obtains the pooling equilibrium as the unique outcome (if the product is very likely to be eco-friendly) by using the concept of the undefeated equilibrium. We also examine the effect of the subsidy policy to promote consumptions of environmentally-friendly products by using Intuitive Criterion. Interestingly, a selective subsidy scheme can separate the high type from the low type but cannot provide the seller a strong enough incentive to invest in the environmental-friendly technology. We also show that if the motive of the monopolist, whether it is solely profit-maximizing or involves concerns for the environment, is its private information, a high price can signal the monopolist's environmental concerns and its voluntary choice of the eco-friendly technology.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"67 ","pages":"Article 101266"},"PeriodicalIF":2.9,"publicationDate":"2022-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41884406","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}

引用次数: 6

Environmental disparities in urban Mexico: Evidence from toxic water pollution 墨西哥城市环境差异:来自有毒水污染的证据

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-02-01 DOI: 10.1016/j.reseneeco.2021.101281

Lopamudra Chakraborti , Jay P. Shimshack

引用次数: 7

Environmental policy helping antitrust decisions: Socially excessive and insufficient merger approvals 环境政策有助于反垄断决策:社会过度和不充分的并购批准

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-02-01 DOI: 10.1016/j.reseneeco.2021.101267

Pak-Sing Choi , Ana Espínola-Arredondo , Félix Muñoz-García

引用次数: 3