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  • 1
    Language: English
    Pages: 1 Online-Ressource (26 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Hochman, Gal Fuel Efficiency Versus Fuel Substitution in the Transport Sector: An Econometric Analysis
    Abstract: The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service demand reduction, this study estimates own- and cross-price elasticities of various fuels used for transportation. The analysis shows, like many previous studies, that an increase in fuel prices would not have a large effect on transport sector carbon dioxide emissions, due to limited substitution possibilities among fuels for transportation. The study also finds that price-induced changes that lead to an increase in the rate of adoption of fuel-efficient vehicles would be more effective than a policy to cause fuel substitution
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Language: English
    Pages: Online-Ressource (61 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Hochman, Gal The Role of Inventory Adjustments in Quantifying Factors Causing Food Price Inflation
    Abstract: The food commodity price increases beginning in 2001 and culminating in the food crisis of 2007/08 reflected a combination of several factors, including economic growth, biofuel expansion, exchange rate fluctuations, and energy price inflation. To quantify these influences, the authors developed an empirical model that also included crop inventory adjustments. The study shows that, if inventory effects are not taken into account, the impacts of the various factors on food commodity price inflation would be overestimated. If the analysis ignores crop inventory adjustments, it indicates that prices of corn, soybean, rapeseed, rice, and wheat would have been, respectively, 42, 38, 52, and 45 percent lower than the corresponding observed prices in 2007. If inventories are properly taken into account, the contributions of the above mentioned factors to those commodity prices are 36, 26, 26, and 35 percent, respectively. Those four factors, taken together, explain 70 percent of the price increase for corn, 55 percent for soybean, 54 percent for wheat, and 47 percent for rice during the 2001-2007 period. Other factors, such as speculation, trade policy, and weather shocks, which are not included in the analysis, might be responsible for the remaining contribution to the food commodity price increases
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Language: English
    Pages: Online-Ressource (37 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Hochman, Gal Why Has Energy Efficiency Not Scaled-up in the Industrial and Commercial Sectors in Ukraine?
    Abstract: Improvement of energy efficiency is one of the main options to reduce energy demand and to reduce greenhouse gas emissions in Ukraine. However, large-scale deployment of energy efficient technologies has been constrained by several financial, technical, information, behavioral, and institutional barriers. This study assesses these barriers through a survey of 500 industrial and commercial firms throughout Ukraine. The results from the survey were used in a cumulative multi-logit model to understand the importance of the barriers. The analysis shows that financial barriers caused by high upfront costs of energy efficient technologies, higher costs of finance, and higher opportunity costs of energy efficiency investment are key barriers to the adoption of energy efficiency measures in Ukraine. Institutional barriers particularly lack government policies, which also contributes to the slow adoption of energy efficient technologies in the country. The results suggest targeted policy and credit enhancements could help trigger adoption of energy efficient measures. The empirical analysis shows strong inter-linkages among the barriers and finds heterogeneity between industrial and commercial sectors on the realization of the barriers
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    Language: English
    Pages: 1 Online-Ressource (39 pages)
    Parallel Title: Erscheint auch als Song, Ze Natural Disaster, Infrastructure, and Income Distribution: Empirical Evidence from Global Data
    Keywords: Counterfactual Estimation Technique ; Empirical Studies ; Environment ; Environmental Disasters and Degradation ; Income Inequality ; Inequality ; Infrastructure Development ; Infrastructure Economics ; Infrastructure Economics and Finance ; Natural Disasters ; Poverty Reduction
    Abstract: Natural disasters--such as flooding, hurricanes, and earthquakes--have, on average, affected 130 million people and caused more than 40,000 deaths annually worldwide over the past three decades. The average annual value of property damage is estimated at more than 90 billion dollars globally. Corresponding relief and reconstruction packages measuring in billions of dollars over the past three decades have brought large new investments and the formation of new capital assets. The literature has debated the distributional impacts of natural disasters across households by income group. Most studies focus on a specific country or region, and the findings do not converge. Some find that natural disasters reduce income inequality, while others report the opposite. This study adds new empirical evidence on the impacts of natural disasters on income inequality by pooling data from 130 countries for 1990-2017. The study employs the generalized synthetic control method, which involves identifying the causal effects by comparing the actual post-disaster Gini index for treated countries with a counterfactual. The data are from the EM-DAT database maintained by the Centre for Research on the Epidemiology of Disasters and covers 70 percent of natural disasters globally. The key finding of the study is that catastrophic natural disasters have negative relationships with inequality, as measured by the Gini index, in both the short and long run. The study also discusses potential mechanisms, such as physical infrastructure, disruptive creation, institutions, political revolution, and financial aid, to further explain findings from the empirical analysis
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other papers
    Series Statement: World Bank E-Library Archive
    Abstract: In this paper, the authors discuss the ways in which national governments, firms, and individuals respond to policy related to food safety, environmental protection, and trade. These responses must be considered in the development of policy to ensure the best possible outcomes. It accounts for uncertainty about policy impacts and scientific knowledge and incorporates stochastic environmental factors. The authors argue use of such a model in the development of health and environmental policy can overcome capture by domestic forces opposed to trade liberalization. The effectiveness of policy, of course, is dependent upon firm and consumer response to policy. Section one describes the impacts of international transfer of species and genetic material, paying particular attention to the introduction of alien invasive species. Section two discusses issues surrounding trade in environmental amenities. Food safety and environmental regulations are reviewed in section three, along with mechanisms by which such policy can serve as a proxy for protectionists. Section four develops a risk assessment model that can be used in policy design. Section five considers the role of institutional, firm and individual behavior in the development and effectiveness of policy. Section six summarizes our analysis in offering an agenda for trade talks
    URL: Volltext  (Deutschlandweit zugänglich)
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