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Registros recuperados: 34 | |
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van der Werf, Edwin. |
Quantitative models for climate policy modeling differ in the production structure used and in the sizes of the elasticities of substitution. The empirical foundation for both is generally lacking. This paper estimates the parameters of two-level CES production functions with capital, labour and energy as inputs, and is the first to systematically compare all nesting structures. Using industry-level data from 12 OECD countries, we find that the nesting structure where capital and labour are combined first, fits the data best, but for most countries and industries we cannot reject that all three inputs can be put into one single nest. These two nesting structures are used by most climate models. However, while several climate policy models use a... |
Tipo: Working or Discussion Paper |
Palavras-chave: Climate Policy; Input Substitution; Technological Change; Environmental Economics and Policy; O13; Q32; Q43; Q55. |
Ano: 2007 |
URL: http://purl.umn.edu/9549 |
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Bastianin, Andrea; Manera, Matteo; Markandya, Anil; Scarpa, Elisa. |
The empirical literature is very far from any consensus about the appropriate model for oil price forecasting that should be implemented. Relative to the previous literature, this paper is novel in several respects. First of all, we test and systematically evaluate the ability of several alternative econometric specifications proposed in the literature to capture the dynamics of oil prices. Second, we analyse the effects of different data frequencies on the coefficient estimates and forecasts obtained using each selected econometric specification. Third, we compare different models at different data frequencies on a common sample and common data. Fourth, we evaluate the forecasting performance of each selected model using static forecasts, as well as... |
Tipo: Working Paper |
Palavras-chave: Oil Price; WTI Spot and Futures Prices; Forecasting; Econometric Models; Research and Development/Tech Change/Emerging Technologies; C52; C53; Q32; Q43. |
Ano: 2011 |
URL: http://purl.umn.edu/120042 |
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Massetti, Emanuele. |
The aim of the paper is to present evidence that China and India are, and will remain, two very different actors in international negotiations to control global warming. We base our conclusions on historical data and on scenarios until 2050. The Business-as-Usual scenario (BaU) is compared to four Emissions Tax scenarios to draw insights on major transformations in energy use and in energy supply and to assess the possible contribution of China and India to a future international climate architecture. We study whether or not the Copenhagen intensity targets require more action than the BaU scenario and we assess whether the emissions reductions induced by the four tax scenarios are compatible with the G8 and MEF pledge to reduce global emissions by 50% in... |
Tipo: Working or Discussion Paper |
Palavras-chave: Climate Change; China; India; Energy Efficiency; Energy and Development; Environmental Economics and Policy; Q32; Q43; Q54; Q43; O53; P52. |
Ano: 2011 |
URL: http://purl.umn.edu/101378 |
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Lanzi, Elisa; Verdolini, Elena; Hascic, Ivan. |
This paper studies innovation dynamics in efficiency improving electricity generation technologies as an important means of mitigating climate change impacts. Relevant patents are identified and used as an indicator of innovation. We find that patenting in efficiency improving technologies has mostly been stable over time, with a recent decreasing trend. We also find that majority of patents are first filed in OECD countries and only then in non-OECD or BRIC countries. Conversely, non-OECD and BRIC countries apply for patents that are mostly marketed domestically. This result shows that there is significant technology transfer in the field of efficiency improving technologies for electricity production. This flow of know-how is likely to contribute to... |
Tipo: Working or Discussion Paper |
Palavras-chave: Climate Change; Technological Innovation; Energy; Patents; Fossil Fuels; Resource /Energy Economics and Policy; Q32; Q4; Q55. |
Ano: 2011 |
URL: http://purl.umn.edu/99688 |
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Pendergast, Shannon M.; Clarke, Judith A.; van Kooten, G. Cornelis. |
In 1995, Jeffrey Sachs and Andrew Warner found a negative relationship between natural resources and economic growth, and claimed that natural resources are a curse. Their work has been widely cited, with many economists now accepting the curse of natural resources as a welldocumented explanation of poor economic growth in some economies (e.g., Papyrakis and Gerlagh, 2004; Kronenberg, 2004). In this paper, we provide an alternative econometric framework for evaluating this claim, although we begin with a discussion of possible explanations for the curse and a critical assessment of the extant theory underlying the curse. Our approach is to identify natural resources that have the greatest rents and potential for exploitation through rent-seeking agents.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Natural resource curse; Petroleum resources; Unbalanced panels and GMM estimation; Resource /Energy Economics and Policy; O12; Q32; Q34; O43; O47. |
Ano: 2008 |
URL: http://purl.umn.edu/37913 |
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Registros recuperados: 34 | |
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