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Title:
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Electricity regulation and economic growth [WP]
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Author:
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Costa, M. Teresa (Maria Teresa), 1951-; Garcia-Quevedo, Jose; Trujillo-Baute, Elisa
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Notes:
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The main objective of this paper is to analyse the effect of electricity regulation on economic growth. Although the relationship between electricity consumption and economic growth has been extensively analysed in the empirical literature, this framework has not been used to estimate the effect of electricity regulation on economic growth. Understanding this effect is essential for the assessment of regulatory policy. Specifically, we assess the effects of two major regulations, renewable energy promotion costs and network cost, on electricity consumption and growth. A dataset for the period 2007-2013 and 22 European countries was compiled based on CEER reports and EUROSTAT databases. The results of the empirical analysis show that the two regulation instruments have a negative effect on electricity consumption and economic growth and provide estimates of their effects on growth in quantitative terms. |
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Subject(s):
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-Política energètica
-Producció d'energia elèctrica
-Creixement econòmic
-Energy policy
-Electric power production
-Economic growth |
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Rights:
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cc-by-nc-nd, (c) Costa et al., 2017
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
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Document type:
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Working Paper |
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Published by:
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Institut d’Economia de Barcelona
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