- Energy, Environment, and Transportation Policies
- Climate Change Policy and Economics
- Economic and Environmental Valuation
- Energy Efficiency and Management
- Energy, Environment, Economic Growth
- Electric Vehicles and Infrastructure
- Environmental Impact and Sustainability
- Energy and Environment Impacts
- Vehicle emissions and performance
- Global Energy and Sustainability Research
- Transportation Planning and Optimization
- Innovation Diffusion and Forecasting
- Environmental Education and Sustainability
- Air Quality and Health Impacts
- Housing Market and Economics
- Smart Grid Energy Management
- Building Energy and Comfort Optimization
- Social Acceptance of Renewable Energy
- Fiscal Policy and Economic Growth
- Water resources management and optimization
- ICT Impact and Policies
- Sustainable Building Design and Assessment
- Capital Investment and Risk Analysis
- Child Development and Digital Technology
- Environmental Sustainability in Business
Yale University
2016-2025
National Bureau of Economic Research
2016-2025
Agricultural & Applied Economics Association
2021
Triangle
2021
Ghent University
2021
Centre for European Economic Research
2021
Toulouse School of Economics
2017-2020
Universidad Carlos III de Madrid
2017-2020
European University Institute
2017-2020
London School of Economics and Political Science
2017-2020
Social interaction (peer) effects are recognized as a potentially important factor in the diffusion of new products. In case environmentally friendly goods or technologies, both marketers and policy makers interested presence causal peer social spillovers can be used to expedite adoption. We provide methodology for simple, straightforward identification with sufficiently rich data, avoiding biases that occur traditional fixed estimation when using past installed base consumers reference...
Energy efficiency and conservation are considered key means for reducing greenhouse gas emissions achieving other energy policy goals, but associated market behavior responses have engendered debates in the economic literature. We review concepts underlying consumer decision making examine related empirical In particular, we provide an perspective on range of barriers, failures, behavioral failures that been cited context. assess extent to which these conditions a motivation intervention...
Despite several decades of government policies to promote energy efficiency, estimates the costs and benefits such remain controversial. At heart controversy is whether there an "energy efficiency gap," whereby consumers firms fail make seemingly positive net present value saving investments. High implicit discount rates, undervaluation future fuel savings, negative cost measures have all been discussed as evidence existence a gap. We review explanations for gap including reasons why size...
What do we know about the size of rebound effect, well-known phenomenon that improving energy efficiency may save less than expected due to a use? Is there any validity claims improvements can actually lead an increase in use (known as backfire)? This article clarifies what effect is and provides guide for economists policymakers interested its existence magnitude. We discuss how some studies literature consider results from costless exogenous efficiency, whereas others examine effects...
The diffusion of new technologies is often mediated by spatial and socioeconomic factors. This article empirically examines the an important renewable energy technology: residential solar photovoltaic (PV) systems. Using detailed data on PV installations in Connecticut, we identify patterns diffusion, which indicate considerable clustering adoptions. does not simply follow distribution income or population. We find that smaller centers contribute to adoption more than larger urban areas, a...
Most countries, including the United States, have an array of greenhouse gas mitigation policies, which provide subsidies or restrictions typically aimed at specific technologies sectors. Such climate policies range from automobile fuel economy standards, to gasoline taxes, mandating that a certain amount electricity in state comes renewables, subsidizing solar and wind electrical generation, mandates requiring blending biofuels into surface transportation supply, supply-side on fossil...
We explore two split incentive issues between owners and occupants of residential dwellings: heating or cooling incentives are suboptimal when the occupant does not pay for energy use, insulation cannot perfectly observe owner’s choice. empirically quantify effect these market failures how they affect behavior in California. find that those who 16 percent more likely to change setting at night owner-occupied dwellings 20 be insulated attic ceiling. However, contrast common conception, we...
▪ Abstract We review literature on several types of energy efficiency policies: appliance standards, financial incentive programs, information and voluntary management government use. For each, we provide a brief synopsis the relevant along with available existing estimates savings, costs, cost-effectiveness at national level. The examining these points to potential issues in determining savings but recent evidence suggests that techniques for measuring both have improved. Taken together,...
Much policy attention has been given to promote fledgling energy technologies that promise reduce our reliance onfossilfuels. These policies often aim correct market failures, such as environmental externalities and learning-by-doing (LBD). We examine the implications of assumption LBD exists, quantifying failure due LBD. develop a model technological advancement based on failures economically efficient level subsidies in California’s solar photovoltaic market. Under central-case parameter...
Significance This study develops estimates of uncertainty in projections global and regional per-capita economic growth rates through 2100, comparing from expert forecasts an econometric approach designed to analyze long-run trends variability. Estimates both methods indicate substantially higher than is assumed current studies climate change impacts, damages, adaptation. Results this suggest a greater 35% probability that emissions concentrations will exceed those the most severe available...
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Target carbon's costs, policy designs, and developing countries
Economists have long noted that improving energy efficiency could lead to a rebound effect, reducing or possibly even eliminating the savings from improvement. This paper develops generalized model highlight features of theory microeconomic effect are particularly relevant empirical economists. We demonstrate when common elasticity identities used for estimation biased and how gross complement substitute relationships govern this bias. Furthermore, we formally derive welfare implications...
The economics of climate change involves a vast array uncertainties, complicating our understanding change. This study explores uncertainty in baseline trajectories using multiple integrated assessment models commonly used policy development. examines model and parametric uncertainties for population, total factor productivity, sensitivity. It estimates the probability distributions key output variables, including CO2 concentrations, temperature, damages, social cost carbon (SCC). One...
What do we know about the size of rebound effect? Should believe claims that energy efficiency improvements lead to an increase in use? This paper clarifies what effect is, and provides a guide for economists policymakers interested its magnitude. We describe how some papers literature consider from costless exogenous efficiency, while others examine effects particular policy — distinction leads very different welfare implications. present most reliable evidence available quantifying...