Research WP3

Energy Resources 

Task 3.1: Renewable energy supply.

Alberini, A., Bigano, A., Ščasný, M., Zvěřinová, I. (2015). Preferences for Energy Efficiency vs. Renewables: How Much Does a Ton of CO2 Emissions Cost? Paper presented at the 21st EAERE Conference, 24-27 June, 2015, Helsinki.

Blahova, P., Janda, K., Kristoufek, L., et al. (2014). The perspectives for genetically modified cellulosic biofuels in the Central European conditions. Agricultural Economics (Zemědělská Ekonomika), 60(6), 247–259.

Buck, S., Auffhammer, M., and Sunding, D. (2014). Land markets and the value of water: Hedonic analysis using repeat sales of farmland. American Journal of Agricultural Economics, 96(4), 953–969.

Byers, E., Hall, J., and Amezaga, J. (2014). Electricity generation and cooling water use: UK pathways to 2050. Global Environmental Change, 25(1), 16–30.

Byrd, H., Ho, A., Sharp, B., and Kumar-Nair, N. (2013). Measuring the solar potential of a city and its implications for energy policy. Energy Policy, 61(0), 944 – 952.

Janda, K., Krška, Š., and Průša, J. (2014). Czech Photovoltaic Energy: Model Estimation of The Costs of its Support. Politická ekonomie, 2014(3), 323–346.

Janda, K., Krska, S., and Prusa, J. (2014). Odhad nákladů na podporu české foto-voltaické energie (The Estimation of the Cost of Promotion of the Czech Photovoltaic Energy). MPRA Paper 54108, University Library of Munich, Germany.

Rajagopal, D. (2015). On mitigating emissions leakage under biofuel policies. GCB Bioenergy (accepted article).

Suomalainen, K., Pritchard, G., Sharp, B., Yuan, Z., and Zakeri, G. (2015). Correlation analysis on wind and hydro resources with electricity demand and prices in new zealand. Applied Energy, 137, 445–462.

Task 3.2: Energy-food-environment linkages.

Barrows, G., Sexton, S., and Zilberman, D. (2014a). Agricultural Biotechnology: The Promise and Prospects of Genetically Modified Crops. Journal of Economic Perspectives, 28(1), 99–120.

Bocquého, G., Jacquet, F., and Reynaud, A. (2014). Expected utility or prospect theory maximisers? assessing farmers’ risk behaviour from field-experiment data. European Review of Agricultural Economics, 41(1), 135–172.

Chrz, Š., Janda, K., and Krištoufek, L. (2014). Modeling Interconnections within Food, Biofuel, and Fossil Fuel Markets. Politická ekonomie, 2014(1), 117–140.

Cooper, R., Leiman, A., and Jarre, A. (2014). An analysis of the structural changes in the offshore demersal hake (merluccius capensis and m. paradoxus) trawl fishery in south africa. Marine Policy, 50(PA), 270–279.

Drabik, D., de Gorter, H., and Timilsina, G. (2014). The effect of biodiesel policies on world biodiesel and oilseed prices. Energy Economics, 44, 80–88.

Drabik, D., de Gorter, H., Just, D. R., Timilsina, G. R. (2015, forthcoming). The economics of Brazils ethanol-sugar markets, mandates, and tax exemptions. American Journal of Agricultural Economics.

de Gorter, H., Drabik, D., & Kliauga, E. (2015). The role of world biofuel policies and trade on the level and volatility of grain/oilseed prices. Trade Policy and Food Security. The World Bank, Washington, DC.

Gustafson, D., Collins, M., Fry, J., Smith, S., Matlock, M., Zilberman, D., Shryock, J., Doane, M., and Ramsey, N. (2014). Climate adaptation imperatives: Global sustainability trends and eco-efficiency metrics in four major crops - canola, cotton, maize, and soybeans. International Journal of Agricultural Sustainability, 12(2), 146–163.

Hochman, G., Trachtenberg, M. C., & Zilberman, D. (2015). Algae crops: Coproduction of algae biofuels. In Industrial Crops, pp. 369–380, Springer. 

Latruffe, L. and Nauges, C. (2014). Technical efficiency and conversion to organic farming: The case of France. European Review of Agricultural Economics, 41(2), 227–253.

Wright, B. (2014). Global biofuels: Key to the puzzle of grain market behavior. Journal of Economic Perspectives, 28(1):73–98.

Task 3.3: Non-renewable energy markets.

Baruník, J. and Křehlík, T. (2014). Coupling high-frequency data with nonlinear models in multiple-step-ahead forecasting of energy markets’ volatility. Working Papers IES 2014/30, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies.

Barunik, J., Kocenda, E., and Vacha, L. (2014). How does bad and good volatility spill over across petroleum markets? Papers 1405.2445,

Cairns, R. D. (2014b). Hotelling’s exhaustible-resource model and income accounting.

Cremer, H., Gahvari, F., & Ladoux, N. (2015). Energy taxes and oil price shocks. The BE Journal of Economic Analysis & Policy, 15(2), 475–501.

Hochman, G., Rajagopal, D., Timilsina, G., and Zilberman, D. (2014). Quantifying the causes of the global food commodity price crisis. Biomass and Bioenergy, 68, 106–114.

Kristoufek, L. (2014). Leverage effect in energy futures. Energy Economics, 45(C), 1–9.

Kristoufek, L. and Vosvrda, M. (2014). Commodity futures and market efficiency. Energy Economics, 42(C), 50–57.

Kristoufek, L., Janda, K., & Zilberman, D. (2015). Co-movements of ethanol related prices: Evidence from Brazil and the USA. GCB Bioenergy.

Kristoufek, L., Janda, K., and Zilberman, D. (2014). Price transmission between biofuels, fuels, and food commodities. Biofuels, Bioproducts and Biorefining, 8(3), 362–373.

Suslov, N. I. (2014). Rent Is Our Everything. Problems of Economic Transition, 56(10):78–89.

van der Meijden, G. C., der Ploeg, R. V., and Withagen, C. A. (2014). International Capital Markets, Oil Producers and the Green Paradox. CESifo Working Paper Series 4981, CESifo Group Munich.

Wills, S. and van der Ploeg, R. (2014). Why do so many oil exporters peg their currency? Foreign reserves as a de-facto sovereign wealth fund. New Perspectives.

Task 3.4: Modelling energy markets in partial equilibrium frameworks and investigating strategic interactions.

Adomatis, S., Jackson, T., Graff-Zivin, J., Thayer, M., Klise, G., & Wiser, R. (2015). Selling Into the Sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes. Technical report, Ernest Orlando Lawrence Berkeley National Laboratory, Berkeley, CA (US).

Attar, A., Mariotti, T., and Salanié, F. (2014). Nonexclusive competition under adverse selection. Theoretical Economics, 9(1), 1–40.

Benchekroun, H., Gaudet, G., and Lohoues, H. (2014). Some effects of asymmetries in a common pool natural resource oligopoly. Strategic Behavior and the Environment, 4(3), 213–235.

Benchekroun, H. & Gaudet, G. (2015). On the effects of mergers on equilibrium outcomes in a common property renewable asset oligopoly. Journal of Economic Dynamics and Control, 52, 209–223.

Christev, A. and Slobodyan, S. (2014). Learnability of e-stable equilibria. Macroeconomic Dynamics, 18(5), 959–984.

Croson, R. and Treich, N. (2014). Behavioral environmental economics: Promises and challenges. Environmental and Resource Economics, 58(3), 335–351.

Csereklyei, Z. and Stern, D. I. (2014). Global energy use: Decoupling or convergence? Technical report, Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University.

Grant, S. and Quiggin, J. (2014). A preference model for choice subject to surprise. Theory and Decision.

Grant, S., Kline, J., and Quiggin, J. (2014). A matter of interpretation: Ambiguous contracts and liquidated damages. Games and Economic Behavior, 85(1), 180–187.

Janda, K. and Krska, S. (2014). Benchmarking Methods in the Regulation of Electricity Distribution System Operators. MPRA Paper 59442, University Library of Munich, Germany.

Kao, T., Menezes, F., and Quiggin, J. (2014). Optimal access regulation with downstream competition. Journal of Regulatory Economics, 45(1), 75–93.

Kristoufek, L. and Lunackova, P. (2014). Rockets and feathers meet Joseph: Reinves- tigating the oil-gasoline asymmetry on the international markets. Papers 1407.5466,

Young, D., Poletti, S., and Browne, O. (2014). Can agent-based models forecast spot prices in electricity markets? Evidence from the New Zealand electricity market. Energy Economics, 45(0), 419 – 434.

Zivin, J. G. & Mullins, J. (2015). Vessel buybacks in fisheries: The role of auction and financing structures. Marine Policy, 53, 188–197.

Task 3.5: Investigating the interactions between energy and development and between economic growth and energy production and consumption.

Attari, S. Z. & Rajagopal, D. (2015). Enabling energy conservation through effective decision aids. Journal of Sustainability Education, 8.

Arezki, R., Loungani, P., van der Ploeg, R., and Venables, A. (2014). Understanding international commodity price fluctuations. Journal of International Money and Finance, 42, 1–8.

Cairns, R. and Martinet, V. (2014). An environmental-economic measure of sustainable development. European Economic Review, 69, 4–17.

Csereklyei, Z., Rubio Varas, M. d. M., and Stern, D. I. (2014). Energy and economic growth: The stylized facts. Ccep working papers, Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University.

de Gorter, H. (2014). Policy update: Do economists agree on what a biofuel policy is? Biofuels, 5(2), 107–109.

Perrings, C. (2014). Environment and development economics 20 years on. Environment and Development Economics, 19(3), 333–366.

Thondhlana, G. and Muchapondwa, E. (2014). Dependence on environmental resources and implications for household welfare: Evidence from the kalahari drylands, south africa. Ecological Economics, 108, 59–67.

Zilberman, D. (2014). The political economy of innovation and technological change. Environment and Development Economics, 19(3), 314–316.

Zilberman, D. (2014). The economics of sustainable development. American Journal of Agricultural Economics, 96(2), 385–396.