Resource and Energy Economics最新文献_第7页

Willingness-to-pay for urban ecosystem services provision under objective and subjective uncertainty 在客观和主观不确定性下为城市生态系统服务提供付费的意愿

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-02-01 DOI: 10.1016/j.reseneeco.2022.101344

Helen J. Davies , Hangjian Wu , Marije Schaafsma

{"title":"Willingness-to-pay for urban ecosystem services provision under objective and subjective uncertainty","authors":"Helen J. Davies , Hangjian Wu , Marije Schaafsma","doi":"10.1016/j.reseneeco.2022.101344","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2022.101344","url":null,"abstract":"<div><p>There is growing concern that failure to acknowledge the risk and uncertainty surrounding ecosystem services (ES) delivery could have adverse effects on support for ES policy intervention in the long run. However, acknowledging risk may reduce support for policy interventions in the short term. In this paper, we sought to determine whether willingness-to-pay (WTP) for urban forest ES in Southampton, UK is affected by objective and subjective uncertainty surrounding ES delivery. We conducted a discrete choice experiment with a split sample design: one with a scenario specifying risky ES outcomes and one where zero risk was implied. Respondents’ subjective certainty surrounding the provision of ES was determined before and after the choice questions. Despite respondents’ risk aversion, introducing an objective likelihood attribute did not reduce WTP compared to the scenario with implied certain ES outcomes. Furthermore, whilst WTP for the overall scheme was found to be adversely affected by the presence of risk around ES outcomes, subjective uncertainty seemed to reduce WTP more than objective probabilities. Our results therefore support the idea that both objective probabilities and subjective uncertainty should be explicitly incorporated in the design of stated preference studies for ES valuation.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"71 ","pages":"Article 101344"},"PeriodicalIF":2.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50187499","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: 2

Home country bias in international emissions trading: Evidence from the EU ETS 国际排放交易中的母国偏见:来自欧盟排放交易体系的证据

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-02-01 DOI: 10.1016/j.reseneeco.2022.101336

Beat Hintermann , Markus Ludwig

引用次数: 4

Willingness-to-pay for urban ecosystem services provision under objective and subjective uncertainty 主客观不确定性下城市生态系统服务提供的支付意愿

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-12-01 DOI: 10.1016/j.reseneeco.2022.101344

Helen J. Davies, Hangjian Wu, M. Schaafsma

引用次数: 1

Financing renewables in the age of falling technology costs 在技术成本下降的时代为可再生能源融资

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101330

Karsten Neuhoff , Nils May , Jörn C. Richstein

{"title":"Financing renewables in the age of falling technology costs","authors":"Karsten Neuhoff , Nils May , Jörn C. Richstein","doi":"10.1016/j.reseneeco.2022.101330","DOIUrl":"10.1016/j.reseneeco.2022.101330","url":null,"abstract":"<div><p>Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting – from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment projects is developed to assess this effect und used to compare different policy design choices: contracts for differences, sliding premia, fixed premia and a setting without dedicated remuneration mechanism. The expected benefit for electricity consumers from reduced risk and financing costs is approximated at the example of a 2030 scenario for Germany. Policies like sliding premia, previously evaluated as providing low-risk investment environments, provide for less risks hedging, when technology costs approach wholesale power prices. Contracts for differences provide in all scenarios the most effective hedge for investors against power prices uncertainty, enabling low-cost financing and reducing costs for consumers, while also hedging electricity consumers against high power prices.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"70 ","pages":"Article 101330"},"PeriodicalIF":2.9,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0928765522000471/pdfft?md5=b3985d6d5352ee1e0f5f66a55222f96e&pid=1-s2.0-S0928765522000471-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44545225","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: 9

Understanding the resistance to carbon taxes: Drivers and barriers among the general public and fuel-tax protesters 理解对碳税的抵制:普通公众和燃油税抗议者之间的驱动因素和障碍

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101331

Jens Ewald , Thomas Sterner , Erik Sterner

引用次数: 16

Smoothing the curve: An estimation of the cost of demand variation and the impact of solar and wind 平滑曲线:估算需求变化的成本以及太阳能和风能的影响

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101328

Alexander Hill

引用次数: 1

Environmental taxation in the Bertrand differentiated duopoly: New insights Bertrand差异化双寡头垄断中的环境税收:新见解

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101329

Ghina Abdul Baki , Walid Marrouch

{"title":"Environmental taxation in the Bertrand differentiated duopoly: New insights","authors":"Ghina Abdul Baki , Walid Marrouch","doi":"10.1016/j.reseneeco.2022.101329","DOIUrl":"10.1016/j.reseneeco.2022.101329","url":null,"abstract":"<div><p><span>We derive an optimal emission tax under </span>imperfect competition<span> among polluters, while taking into account the significance of the spatial dimension for non-uniformly mixed pollutants. This setup reflects a large number of pollution scenarios across developed and developing countries. We build a partial equilibrium model that is based on Hotelling’s location model, and that is further generalized to include the polluters’ abatement levels. First, the firms’ locations are considered to be exogenous, but later we relax this assumption. Our results shed light on a trade-off between the environmental externality and the distortions resulting from the Bertrand competition. This trade-off is modulated by the locations of the two producers as well as preferences for a clean environment. Our results also indicate that, in the presence of more than one market failure, the principle of maximal differentiation is not always guaranteed. We further stress that designing a spatial emission tax is not too demanding in terms of regulator information. Lastly, we reveal that when environmental awareness is well-promoted, the green preference would be a cheaper anti-pollution instrument than emission taxes.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"70 ","pages":"Article 101329"},"PeriodicalIF":2.9,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42321714","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: 1

Exposure to wind turbines, regional identity and the willingness to pay for regionally produced electricity 接触风力涡轮机，地区认同和愿意为地区生产的电力付费

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101332

Elke D. Groh

{"title":"Exposure to wind turbines, regional identity and the willingness to pay for regionally produced electricity","authors":"Elke D. Groh","doi":"10.1016/j.reseneeco.2022.101332","DOIUrl":"10.1016/j.reseneeco.2022.101332","url":null,"abstract":"<div><p><span><span>To reduce greenhouse gas emissions the expansion of renewable energies is vital. However, negative externalities in the regions where </span>wind turbines are installed raise local opposition. A promising way to promote the installation of regional energy plants is the use of regional electricity labels. This paper examines if there is a willingness to pay for regionally produced electricity and whether the willingness to pay is related to exposure to wind turbines or causally affected by regional identity. To that end, this study is based on a large-scale survey among more than 1800 individuals in </span>Germany<span> including a combined priming and stated choice experiment on electricity contracts in combination with official data on wind turbines. The results of the econometric analysis reveal a highly significant willingness to pay a price premium for regional electricity contract attributes. In addition, we find no empirical evidence for a relationship between the exposure to wind turbines and the willingness to pay for regionally produced electricity. Furthermore, the estimation results provide evidence that regional identity reduces the willingness to pay for regionally produced electricity. The results have implications for public policy as well as commercial enterprises.</span></p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"70 ","pages":"Article 101332"},"PeriodicalIF":2.9,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46229129","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: 2

Rural access to electricity and welfare outcomes in Rwanda: Addressing issues of transitional heterogeneities and between and within gender disparities 卢旺达农村电力供应和福利成果:解决过渡性异质性以及性别差异之间和内部的问题

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101333

Philip Kofi Adom , Aimable Nsabimana

{"title":"Rural access to electricity and welfare outcomes in Rwanda: Addressing issues of transitional heterogeneities and between and within gender disparities","authors":"Philip Kofi Adom , Aimable Nsabimana","doi":"10.1016/j.reseneeco.2022.101333","DOIUrl":"10.1016/j.reseneeco.2022.101333","url":null,"abstract":"<div><p>The literature on the impact of electricity access are generally inconclusive. Potential causes include geographical differences, limited external validity (due to the focus on small-scale projects) and self-selection bias (due to not accounting for observed and unobserved heterogeneities) of some studies. Moreover, a large part of the literature on energy-gender nexus addresses between-gender instead of within-gender disparity, which is considered relevant because socio-economic characteristics do differ within a particular gender group. We address some of these concerns in the literature, using the endogenous switching regression (as identifying strategy) and the Rwanda national fifth Integrated Household Living Conditions Survey data of 2016/2017 to examine electricity adoption decision and impact of electrification on welfare outcomes in rural Rwanda. We find that having access to electricity impacts positively on equivalised consumption and labour force participation by 3.097 percent and 22 more days, respectively. We find significant positive transitional heterogeneity effects, suggesting that unobserved factors do inflate the estimated impacts. Further, the result reveals significant male – female gap (both in terms of vertical and horizontal changes) in the impact of electrification on labour force participation and equivalised consumption expenditure. We discuss the policy implications.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"70 ","pages":"Article 101333"},"PeriodicalIF":2.9,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44652769","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: 1

Entry, location, and optimal environmental policies 进入、位置和最优环境政策

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2022-11-01 DOI: 10.1016/j.reseneeco.2022.101326

Manuel Estay , John K. Stranlund

{"title":"Entry, location, and optimal environmental policies","authors":"Manuel Estay , John K. Stranlund","doi":"10.1016/j.reseneeco.2022.101326","DOIUrl":"10.1016/j.reseneeco.2022.101326","url":null,"abstract":"<div><p>We investigate the problem of choosing environmental regulations to control a multilateral, spatially heterogeneous pollution externality. There are three sources of inefficiency in this problem; the number of firms, their locations and their production/emissions levels. A first-best policy requires three instruments to address each of the sources of inefficiency, but such policies are not practical in most settings. Therefore, we examine the relative performance of second-best policies that optimally control one or two of the sources of inefficiency while leaving the other one or two sources uncontrolled. Because of the complexity of our theoretical model, we conduct numerical simulations to compare the alternative policies. We find that a policy of optimally-chosen individual quotas by themselves perform very poorly, because they encourage excessive entry. Combining individual quotas with an optimal entry restriction performs significantly better. Spatially differentiated taxes alone perform very well, because they partially address both the entry and location sources of inefficiency in addition to limiting pollution. We also argue that the welfare losses associated with even simpler policies like zoning restrictions or homogeneous taxes may not be high enough to justify the additional implementation difficulties associated with theoretically more efficient policies.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"70 ","pages":"Article 101326"},"PeriodicalIF":2.9,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43978289","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: 2