Energy Economics
Energy Economics

Author: Subhes C. Bhattacharyya

Publisher: Springer Nature

Published: 2019-11-02

Total Pages: 854

ISBN-13: 1447174682

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This book provides an updated and expanded overview of basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues in the light of recent developments, such as the Paris Agreement, the UN Sustainable Development Goals and new technological developments in the production and use of energy. The new edition is divided into four parts covering concepts, issues, markets, and governance. Although the content has been thoroughly revised and rationalised to reflect the current state of knowledge, it retains the main features of the first edition, namely accessibility, research-informed presentation, and extensive use of charts, tables and worked examples. This easily accessible reference book allows readers to gain the skills required to understand and analyse complex energy issues from an economic perspective. It is a valuable resource for students and researchers in the field of energy economics, as well as interested readers with an interdisciplinary background.

Vulnerable Households in the Energy Transition
Vulnerable Households in the Energy Transition

Author: Rossella Bardazzi

Publisher: Springer Nature

Published: 2023-09-17

Total Pages: 269

ISBN-13: 3031356845

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This open access book explores the energy transition / energy poverty nexus in the European Union, including the implications of the transition and related policies for the household sector. Written by experts on energy economics, energy studies and related fields, it examines the impacts and costs of the energy transition (including those caused by carbon pricing) for the economy and for families in particular. Providing case studies on Germany, France, Italy, Spain and Greece, the contributing authors highlight current overlapping vulnerabilities for households, show the effects of decarbonization policies on relative prices, and discuss strategies for reducing energy poverty while also decarbonizing. Moreover, they address household and consumer vulnerabilities in connection with societal transformations such as demographic changes and the aging populations of Europe and particularly Italy. Given its scope, the book will appeal to scholars and students of energy studies, energy economics and related fields, and to anyone interested in the benefits and costs of the ongoing energy transition.

Institutional Economics and the Theory of Social Value: Essays in Honor of Marc R. Tool
Institutional Economics and the Theory of Social Value: Essays in Honor of Marc R. Tool

Author: Charles M.A. Clark

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 283

ISBN-13: 940110655X

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Marc R. Tool, both through his writings and his editorship of the Journal of Economic Issues, has had a profound influence on institutional economics. Tool's efforts, in his own words, "has been to keep values on the agenda of economic inquiry," which is another way of saying "keep economic inquiry relevant. " Tool's work on the theory of social value and instrumental valuation has helped to keep institutional economics focused on the core economic and social issues facing society, providing both a perspective from which to analyze the economy and a criteria for evaluating outcomes. This collection of essays is a testament to this legacy. Although these 15 chapters cover a wide and diverse range of topics, it is the common themes which are most striking: the inescapable necessity of values in economic discourse; the central role of valuation in economic activity; and most importantly, the requirement of democratic participation to achieve "efficient" solutions to the economic problem. These essays are offered to honor a body of work, a set of ideas, but mostly a man who, by directing economic inquiry to these core issues, has promoted "the continuity of human life and the noninvidious recreation of community through the instrumental use of knowledge.

The Distributional Implications of the Impact of Fuel Price Increases on Inflation
The Distributional Implications of the Impact of Fuel Price Increases on Inflation

Author: Mr. Kangni R Kpodar

Publisher: International Monetary Fund

Published: 2021-11-12

Total Pages: 34

ISBN-13: 1616356154

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This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

Energy Economics
Energy Economics

Author: Peter Zweifel

Publisher: Springer

Published: 2017-03-27

Total Pages: 333

ISBN-13: 3662530228

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This book provides an introduction to energy economics. It shows how to apply general economic theory as well as empirical and advanced econometric methods to explain the drivers of energy markets and their development. Readers learn about the specific properties of energy markets as well as the physical, technological, environmental, and geopolitical particularities of energy sources and products. The book covers all types of energy markets, ranging from liquid fuels, gaseous fuels, and solid fuels to electricity. It also addresses emission allowances, energy efficiency, and nuclear risks. The authors discuss the engineering properties of energy technologies including renewables, the economics of natural resources and environmental protection, market liberalization, and energy trade as well as the experience of the German energy transformation. This book will serve students as a textbook and practitioners as a reference for their understanding of energy markets and their development.

Energy Poverty
Energy Poverty

Author: Stefan Bouzarovski

Publisher: Springer

Published: 2017-12-22

Total Pages: 125

ISBN-13: 3319692992

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This open access book aims to consolidate and advance debates on European and global energy poverty by exploring the political and infrastructural drivers and implications of the condition across a variety of spatial scales. It highlights the need for a geographical conceptualization of the different ways in which household-level energy deprivation both influences and is contingent upon disparities occurring at a wider range of spatial scales. There is a strong focus on the relationships among energy transformation, institutional change and place-based factors in determining the nature and location of energy-related injustices. The book also explores how patterns and structures of energy poverty have changed over time, as evidenced by some of the common measures used to describe the condition. In part, this means investigating the makeup of energy poor demographics across various social and spatial cleavages. More broadly, it also argues that energy sector reconfigurations are both reflected in and shaped by various domains of social and political organization, especially in terms of creating poverty-relevant outcomes.