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Registros recuperados: 118 | |
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Prescott, Ryan; van Kooten, G. Cornelis. |
In this paper, we examine the impact policy choices, including a carbon tax, on the optimal allocation of power across different generation sources and on future investments in generating facilities. The focus in on the Alberta power grid as it is heavily dependent on fossil fuels and has only limited ties to other power grids, although the model could be extended to a larger and even multiple grids. Results indicate that, as wind penetrates the extant generating mix characterizing the grid, cost savings and emission reductions do not decline linearly, but at a decreasing rate. However, if flexibility is allowed then, as the carbon tax increases to $40 per tCO2 or above, existing coal plants start to be replaced by newly constructed wind farms and natural... |
Tipo: Working or Discussion Paper |
Palavras-chave: Economics of wind power; Grid system modeling; Operations research; Carbon taxes; Coal power plants; Environmental Economics and Policy; Resource /Energy Economics and Policy; C61; H23; Q40; Q42. |
Ano: 2007 |
URL: http://purl.umn.edu/37043 |
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Bond, Philip; Pande, Rohini. |
Individuals inability to coordinate investment may significantly constrain economic development. In this paper we study a simple investment game characterized by multiple equilibria and ask whether an income-based incentive scheme can uniquely implement the high investment outcome. A general property of this game is the presence of a crossover investment point at which an individuals incomes from investment and non-investment are equal. We show that arbitrarily small errors in the governments knowledge of this crossover point can prevent unique implementation of the high investment outcome. We conclude that informational requirements are likely to severely limit a governments ability to use income-based incentive schemes as a coordination device. |
Tipo: Working or Discussion Paper |
Palavras-chave: Coordination; Public policy; Income taxation; Implementation; International Development; O21; H23. |
Ano: 2005 |
URL: http://purl.umn.edu/28436 |
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Devi, T. Sivasakthi; Balasubramanian, R.; Kumar, B. Ganesh. |
In India, Mahatma Gandhi National Rural Employment Guarantee Scheme (MGMGNREGS) is one of the major rural development programmes. It provides guaranteed employment to the rural households for 100 days in a year. This paper has attempted to find out the employment status, income and labour supply decision of the participants and non-participants of MGNREGS in Tamil Nadu. It has also studied the household nutritional security of these households. The study has revealed that the number of migrants in the family, number of livestock units owned, and number of person-days employed in agriculture, nonagriculture and MGNREGS are significantly influenced by the household income of the participants and non-participants of MGNREGS. The analysis of household... |
Tipo: Article |
Palavras-chave: MGNREGS; Employment; Income; Labour supply; Agricultural and Food Policy; J21; J22; H23; I31. |
Ano: 2011 |
URL: http://purl.umn.edu/119400 |
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Parry, Ian W.H.. |
This paper provides simple formulas for adjusting the costs of carbon taxes and tradable carbon permits to account for interactions with preexisting tax distortions in the labor market. Both policies reduce labor supply as they increase product prices and reduce real household wages; the resulting efficiency losses in the labor market can be substantial relative to partial equilibrium abatement costs. However, much of this added cost can be offset-and perhaps more than offset when additional distortions from the tax system are considered-if revenues from carbon taxes or auctioned permits are used to reduce distortionary taxes. Consequently, there can be a strong case on efficiency grounds for using carbon taxes or auctioned permits over grandfathered... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon taxes; Carbon permits; Fiscal interactions; Revenue recycling; Environmental Economics and Policy; Q28; H21; H23. |
Ano: 2003 |
URL: http://purl.umn.edu/10509 |
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Portney, Paul R.; Parry, Ian W.H.; Gruenspecht, Howard K.; Harrington, Winston. |
This paper discusses several rationales for the Corporate Average Fuel Economy (CAFE) program, including reduced oil dependence, reduced greenhouse gas emissions, and the possibility that fuel saving benefits from higher standards might exceed added vehicle costs. We then summarize what can be said about the welfare effects of tightening standards, accounting for prior fuel taxes, and perverse effects on congestion and traffic accidents through the impact of improved fuel economy on the incentive to drive. Implications of CAFE on local air pollution, and the controversy over CAFE, vehicle weight, and road safety, are also discussed. Finally, we describe ways in which the existing CAFE program could be substantially improved and identify a variety of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Fuel economy; Externalities; Oil dependency; Vehicle safety; Climate change; Resource /Energy Economics and Policy; R48; Q48; H23. |
Ano: 2003 |
URL: http://purl.umn.edu/10863 |
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Abdula, Rahimaisa D.. |
This paper explores the inter-sectoral and land-use dynamics behind the development of bio-energy as a climate change policy through a computable general equilibrium (CGE) with a land use change (LUC) model. It assesses the economic and social costs of bio-energy development both in terms of the financial investment needed for its market penetration and in terms of the trade-offs its future supply will entail upon the land-use system. It analyzes how policies directed to develop bio-energy alters the pattern of energy mix and land utilization in the economy and how these changes in turn contribute to carbon dioxide (CO2) mitigation. Policies analyzed in the study include carbon tax with revenues recycled upon bio-energy subsidy and upon direct tax... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy; D58; Q4; Q52; H23; O13. |
Ano: 2006 |
URL: http://purl.umn.edu/25536 |
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Fischer, Carolyn. |
In a second-best world of below-optimal pollution pricing, the public return to R&D may be greater than under Pigouvian pricing, due to excess benefits of increasing abatement, or it may be lower, since private actors lack the incentives to take full advantage of the new, cleaner technologies. This paper uses a simple model to demonstrate the interaction between environmental policies, R&D externalities, and the social return to innovation. The results indicate that strong public support for innovation is only justified if at least a moderate emissions policy is in place and spillover effects are significant. Furthermore, in most cases, policy constraints that limit regulatory burdens tend to further limit the scope for public support, even when... |
Tipo: Working or Discussion Paper |
Palavras-chave: Emissions price; Technological innovation; Spillovers; R&D policy; Environmental Economics and Policy; Q28; O38; H23. |
Ano: 2004 |
URL: http://purl.umn.edu/10648 |
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Registros recuperados: 118 | |
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