Resource and Energy Economics最新文献_第8页

Dust storms and human well-being 沙尘暴与人类福祉

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-04-01 DOI: 10.1016/j.reseneeco.2023.101362

Benjamin A. Jones

引用次数: 1

Is high-speed rail heading towards a low-carbon industry? Evidence from a quasi-natural experiment in China 高铁正在走向低碳产业吗？来自中国一个准自然实验的证据

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-04-01 DOI: 10.1016/j.reseneeco.2023.101355

Liang Nie , ZhongXiang Zhang

{"title":"Is high-speed rail heading towards a low-carbon industry? Evidence from a quasi-natural experiment in China","authors":"Liang Nie , ZhongXiang Zhang","doi":"10.1016/j.reseneeco.2023.101355","DOIUrl":"10.1016/j.reseneeco.2023.101355","url":null,"abstract":"<div><p>Existing studies have investigated the environmental dividends of substituting high-speed rail (HSR) for other energy-intensive vehicles from an engineering standpoint, but they have yet to explore the economic effects of HSR and the associated carbon emissions reduction benefits. To fill the research gap, we use panel data from 285 Chinese cities between 2004 and 2014, and employ a spatial difference-in-differences model to empirically examine the impact of HSR opening on industrial CO<sub>2</sub> emissions. After controlling for spillover effects from neighboring HSR cities, our results show that cities offering HSR services significantly reduce their own industrial CO<sub>2</sub> emissions. This finding is robust and is unaffected by outliers, control group selection, time trends, geography and expectation factors, or endogeneity. The mechanism test reveals that the structural transformation effect, technological innovation effect, and investment attractiveness effect are three intermediate influence channels. Further research finds that the emissions reduction benefit increases as the spatial and temporal intensities of HSR openings ascend the ladder, and HSR services have a spillover effect within a 300-kilometer radius. Moreover, the carbon benefit of China’s HSR far surpasses its carbon footprint, indicating that China’s HSR is green after accounting for economic emissions reductions that were often neglected in prior research. Based on these findings, we recommend that China accelerate HSR expansion in order to reduce carbon emissions in a scientific and responsible manner.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"72 ","pages":"Article 101355"},"PeriodicalIF":2.9,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44665443","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: 4

Coordination of sectoral climate policies and life cycle emissions 协调部门气候政策和生命周期排放

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-04-01 DOI: 10.1016/j.reseneeco.2023.101359

Quentin Hoarau , Guy Meunier

{"title":"Coordination of sectoral climate policies and life cycle emissions","authors":"Quentin Hoarau , Guy Meunier","doi":"10.1016/j.reseneeco.2023.101359","DOIUrl":"10.1016/j.reseneeco.2023.101359","url":null,"abstract":"<div><p>Drastically reducing greenhouse gas emissions involves numerous specific actions in each sector of the economy. The costs and abatement potential of these measures are interdependent because of sectoral linkages. For instance, the carbon footprint of electric vehicles depends on the electricity mix. This issue has received large attention in the literature on Life Cycle Assessments (LCA). This paper analyzes how life cycle considerations should be integrated into policy design. We model a partial equilibrium with two vertically connected sectors, an upstream (e.g. electricity) and a downstream (e.g. transportation) one. In each sector, a dirty and a clean technology are available. The clean downstream technology consumes the upstream good and may thus shift emissions to the upstream sector. Our main contribution is to detail how optimal subsidies on clean technologies should incorporate life cycle emissions when carbon pricing is limited. The optimal downstream subsidy should be corrected for all external costs generated in the upstream sector, not only unpriced pollution but also the fiscal externality due to the subsidy to the clean upstream technology. We also analyze the joint optimization of upstream and downstream policies. The upstream subsidy should not incorporate features of the downstream sector, whereas the downstream optimal subsidy depends upon the upstream sector characteristics. All results are illustrated using a calibrated example of the electrification of passenger cars.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"72 ","pages":"Article 101359"},"PeriodicalIF":2.9,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43919565","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: 0

Extraction rights allocation with liquidity constraints 流动性约束下的采掘权配置

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-02-01 DOI: 10.1016/j.reseneeco.2022.101345

Jorge Holzer, Kenneth McConnell

{"title":"Extraction rights allocation with liquidity constraints","authors":"Jorge Holzer, Kenneth McConnell","doi":"10.1016/j.reseneeco.2022.101345","DOIUrl":"10.1016/j.reseneeco.2022.101345","url":null,"abstract":"<div><p>We study the optimal allocation of a resource in a second-best world in which parties may be liquidity-constrained due to credit frictions and capital market imperfections. In this setting, common to various natural resource industries, agents are unable to bid more than their budget regardless of their valuation. While auction markets are widely used mechanisms for allocating natural resource extraction rights and conservation contracts, we show that in these circumstances the competitive market –which allocates items based on rank order of bids– fails to achieve the first-best allocation. The market outcome is welfare-dominated by a hybrid mechanism consisting of random assignment followed by resale in a secondary market. Via the initial lottery, the hybrid-mechanism allocates the items with positive probability to high-valuation low-wealth individuals who would not have been able to afford them in a competitive market. High-valuation high-wealth agents, on the other hand, acquire the items in the secondary market if they do not receive them in the initial lottery. Therefore, equity in the allocation of access to the resource may be justified not only by distributional concerns but also by economic efficiency. We illustrate our model using data from buybacks of harvesting rights in the seafood industry.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":"71 ","pages":"Article 101345"},"PeriodicalIF":2.9,"publicationDate":"2023-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44811194","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: 0

Optimal policy for environmental goods trade in asymmetric oligopolistic eco-industries 非对称寡占生态产业环境商品贸易的最优政策

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-02-01 DOI: 10.1016/j.reseneeco.2022.101343

Yasuyuki Sugiyama , Yungho Weng , Kenzo Abe

引用次数: 0

Corrigendum to “Exploring the shelf-life of travel cost methods of valuing recreation for benefits transfer” [Resour. Energy Econ. 63 (2021) 101123] “探索旅行成本的保质期——为利益转移评估娱乐的方法”的更正[Resour.Energy Econ.63（2021）101123]

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-02-01 DOI: 10.1016/j.reseneeco.2022.101335

Xiaoyang He , Muhammad Jawad Khan , Elizabeth M. Spink , Gregory L. Poe

引用次数: 0

Discerning trends in international metal prices in the presence of nonstationary volatility 在非平稳波动的情况下辨别国际金属价格的趋势

IF 2.9 3区经济学

Resource and Energy Economics Pub Date : 2023-02-01 DOI: 10.1016/j.reseneeco.2022.101334

Tony Addison , Atanu Ghoshray

引用次数: 0

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