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The Global Infrastructure Gap: Potential, Perils, and a Framework for Distinction
Journal of Economic Literature, 2023In 2015, the World Bank claimed that rich-country private capital could: (i) close the infrastructure services gap in poor countries, (ii) achieve the sustainable development goals, and (iii) make money by moving from “billions to trillions” of ...
Camille Gardner, Peter Blair Henry
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The Effects of Rural Electrification on Employment: New Evidence from South Africa
, 2011This paper estimates the impact of electrification on employment growth by analyzing South Africa's mass roll-out of electricity to rural households. Using several new data sources and two different identification strategies (an instrumental variables ...
Taryn Dinkelman
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The Price of Power: Costs of Political Corruption in Indian Electricity
The American Economic ReviewPoliticians may target public goods to benefit their constituents, at the expense of others. I study corruption in the context of Indian electricity and estimate the welfare consequences.
M. Mahadevan
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Smart Thermostats, Automation, and Time-Varying Prices
American Economic Journal: Applied EconomicsCan automation complement economic incentives? We explore this question by randomly encouraging households to activate a feature on their existing smart thermostat that automates responsiveness to time-of-use electricity pricing.
Joshua A. Blonz+3 more
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Efficiency and Equity Effects of Electricity Metering: Evidence from Colombia
Social Science Research NetworkI show that provision of electricity meters leads to a large reduction in electricity consumption over the first four months following meter installation.
Shaun D. McRae
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Do Consumers Distinguish Fixed Cost from Variable Cost? “Schmeduling” in Two-Part Tariffs in Energy
American Economic Journal: Economic PolicyA central assumption in economics is that consumers properly distinguish fixed cost from variable cost. This assumption is fundamental to various economic theories, including optimal taxation, redistribution, and price discrimination.
Koichiro Ito, Shuang Zhang
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Do Two Electricity Pricing Wrongs Make a Right? Cost Recovery, Externalities, and Efficiency
American Economic Journal: Economic Policy, 2018Economists favor pricing pollution in part so that consumers face the full social marginal cost (SMC) of goods and services. But even absent externalities, retail electricity prices typically exceed private marginal cost, due to a utility’s need to cover
S. Borenstein, J. Bushnell
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The Role of People versus Places in Individual Carbon Emissions
The American Economic ReviewThere is substantial spatial heterogeneity in household carbon emissions. I leverage movers in two decades of administrative Decennial Census and American Community Survey data to estimate place effects—the amount by which carbon emissions change for the
Eva Lyubich
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Valuing the Wind: Renewable Energy Policies and Air Pollution Avoided †
, 2015Exploiting variation in the hourly production from wind turbines, this paper quantifies the heterogeneity in the marginal impact of renewable electricity on pollution.
Kevin Novan
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Energy Journal
In numerous countries, electricity Distribution System Operators (DSOs) function as local monopolies. To counter potential abuse of monopoly power, regulators, especially in Europe, often employ mechanisms like DSO-specific revenue caps to encourage cost
Kjartan E. Rasmussen
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In numerous countries, electricity Distribution System Operators (DSOs) function as local monopolies. To counter potential abuse of monopoly power, regulators, especially in Europe, often employ mechanisms like DSO-specific revenue caps to encourage cost
Kjartan E. Rasmussen
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