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Browsing Working Papers by Title

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  • Berndt, Ernst R.; Epstein, Roy J.; Doane, Michael J. (MIT Center for Energy and Environmental Policy Research, 1995)
    Using multiple regression methods, we have undertaken a statistical "benchmark" study comparing system average electricity rates charged by three California utilities with 96 other US utilities over the 1984-93 time period. ...
  • Loury, Glenn C. (MIT Center for Energy and Environmental Policy Research, 1990)
    This paper studies a dynamic, quantity setting duopoly game characterized as follows: Each firm produces an indivisible output over a potentially infinite horizon, facing the constraint that its cumulative production cannot ...
  • Rao, Nirupama S. (MIT Center for Energy and Environmental Research Policy, 2010-04)
    Rapid increases in oil prices in 2008 led some to call for special taxes on the oil industry. Because oil is an exhaustible resource, however, the effects of excise taxes on production or on reported producer profits may ...
  • Manzano, Osmel (MIT Center for Energy and Environmental Policy Research, 2000)
    Important reforms have been made to the oil sector tax code in Venezuela. Given its diversity of oil resources, there was a concern that some resources were not being exploited because of the structure of the tax code. ...
  • Poterba, James M. (MIT Center for Energy and Environmental Policy Research, 1991)
    This paper develops several points concerning the design and implementation of a carbon tax. First, if implemented without any offsetting changes in transfer programs, the carbon tax would be regressive. This regressivity ...
  • McGuinness, Meghan; Trotingnon, Raphael (MIT Center for Energy and Environmental Policy Research, 2007)
    This memorandum provides an overview of three deficiencies within the current presentation of the Community Independent Transaction Log (CITL) data that have implications for researchers' ability to accurately analyze the ...
  • Lacombe, Romain H.; Parsons, John E. (MIT Center for Energy and Environmental Policy Research, 2007)
    This paper provides an overview of the current status of development of the Canadian oil sands industry, and considers possible paths of further development. We outline the key technology alternatives, critical resource ...
  • Ellerman, A. Denny; Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2002)
    This paper provides an empirical evaluation of the temporal efficiency of the U.S. Acid Rain Program, which implemented a nationwide market for trading and banking sulfur dioxide (SO2) emission allowances. We first develop ...
  • Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 1991)
    This testimony discusses the changing structure of the electricity industry and some of the public policy issues that are associated with these changes. Professor Joskow also discusses his perspective on a selected set of ...
  • Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2002)
    A tradeable permits market is said to be efficient when all affected firms trade permits until their marginal costs equal the market price. Detailed firm-level data are generally required to perform such an efficiency test, ...
  • Martin, Katherine C.; Joskow, Paul L.; Ellerman, A. Denny (MIT Center for Energy and Environmental Policy Research, 2007)
    Due to variations in weather and atmospheric chemistry, the timing and location of nitrogen oxide (NOX) reductions determine their effectiveness in reducing ground-level ozone, which adversely impacts human health. Electric ...
  • Feilhauer, Stephan M. (Stephan Marvin); Ellerman, A. Denny (2008)
    This paper uses top-down trend analysis and a bottom-up power sector model to define upper and lower boundaries on abatement in Germany in the first phase of the EU Emissions Trading Scheme (2005-2007). Long-term trend ...
  • Reilly, John M.; Thomas, Christopher Kent (MIT Center for Energy and Environmental Policy Research, 1993)
    Efforts to access climate change have generally been unsuccessful in describing the economic damages (or benefits) associated with climate change or the functional relationship of damage (or benefits) to climate. Existing ...
  • Duflo, Esther; Greenstone, Michael; Pande, Rohini; Ryan, Nicholas (MIT Center for Energy and Environmental Policy Research, 2010-08)
    Emissions trading schemes have great potential to lower pollution while minimizing compliance costs for firms in many areas now subject to traditional command-and-control regulation. This paper connects experience with ...
  • Bernard, Andrew B.; Chang, Pamela H. (MIT Center for Energy and Environmental Policy Research, 1994)
    In this paper, we examine the determinants of the international trade in waste between developed countries. Data from the 1980s suggest that while the trade in waste between developed and less developed countries has ...
  • Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2002)
    I study the design of environmental policies for a regulator that has incomplete information on firms' emissions and costs of production and abatement (e.g., air pollution in cities with numerous small polluting sources). ...
  • Monroe, Burt L. (MIT Center for Energy and Environmental Policy Research, 1990)
    Environmental issues have become increasingly important in the political arena, particularly with growing concern over the "greenhouse effect," a potential global climatic warming caused by increases in anthropogenic ...
  • Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2004)
    This paper provides an overview of the development of electric power transmission access, pricing and investment policies in the U.S. over the last 15 years and evaluates the current state of those policies. Pre-liberalization ...
  • Ilic, Marija D.; Hsieh, Eric; Ramanan, Prasad (MIT Center for Energy and Environmental Policy Research, 2002)
    In this paper we provide a simulations-based demonstration of a hybrid electricity market that combines the distributed competitive advantages of decentralized markets with the system security guarantees of centralized ...
  • Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2000)
    We analyze whether and how the allocation of transmission rights associated with the use of electric power networks affects the behavior of electricity generators and electricity consumers with market power. We consider ...
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