EconStor >
Universität Siegen >
Fakultät III: Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht, Universität Siegen >
Volkswirtschaftliche Diskussionsbeiträge, Universität Siegen >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/41091
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorEichner, Thomasen_US
dc.contributor.authorPethig, Rüdigeren_US
dc.date.accessioned2009-09-23en_US
dc.date.accessioned2010-10-19T12:00:52Z-
dc.date.available2010-10-19T12:00:52Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/41091-
dc.description.abstractA small open economy produces a consumer good along with green and black energy and imports fossil fuel for black-energy production at an uncertain world market price. Efficient risk management requires curbing fuel consumption, and hence carbon emissions, when consumers are prudent. Moreover, if consumer preferences display constant absolute risk aversion (implying prudence), an efficient response to increasing risk is promoting green energy and reducing total energy production. Unregulated competitive markets are inefficient when consumers are risk averse. With the plausible assumption of prudent consumers and risk neutral producers, taxing both fossil fuel and green energy restores efficiency.en_US
dc.language.isoengen_US
dc.publisherUniv., Fachbereich Wirtschaftswiss., Wirtschaftsinformatik und Wirtschaftsrecht Siegenen_US
dc.relation.ispartofseriesVolkswirtschaftliche Diskussionsbeiträge // Universität Siegen, Fachbereich Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht 138en_US
dc.subject.jelF18en_US
dc.subject.jelQ42en_US
dc.subject.jelQ48en_US
dc.subject.ddc330en_US
dc.subject.keywordprice uncertaintyen_US
dc.subject.keywordblack energyen_US
dc.subject.keywordgreen energyen_US
dc.subject.keywordfossil fuelen_US
dc.subject.stwEnergiesteueren_US
dc.subject.stwRegenerative Energieen_US
dc.subject.stwFossiler Energieträgeren_US
dc.subject.stwRohstoffpreisen_US
dc.subject.stwAußenhandelspreisen_US
dc.subject.stwRisikoaversionen_US
dc.subject.stwKleines-offenes-Landen_US
dc.subject.stwUmweltökonomiken_US
dc.subject.stwTheorieen_US
dc.titleEfficient management of insecure fossil fuel imports through taxing (!) domestic green energy?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn609334409en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Volkswirtschaftliche Diskussionsbeiträge, Universität Siegen

Files in This Item:
File Description SizeFormat
609334409.pdf288.99 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.