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- _Economic Policy Commentaries relevant for Cyprus (in Greek) (8)
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Articles 1 - 30 of 32
Full-Text Articles in Natural Resource Economics
C.V. - Wojciech Budzianowski, Wojciech M. Budzianowski
Renewable Energy And Sustainable Development (Resd) Group, Wojciech M. Budzianowski
Renewable Energy And Sustainable Development (Resd) Group, Wojciech M. Budzianowski
Wojciech Budzianowski
No abstract provided.
Long-Term Environmental Problems And Strategic Intergenerational Transfers, Timo Goeschl, Daniel Heyen, Juan B. Moreno-Cruz
Long-Term Environmental Problems And Strategic Intergenerational Transfers, Timo Goeschl, Daniel Heyen, Juan B. Moreno-Cruz
Juan B. Moreno-Cruz
The impacts of long-lived stock pollutants and the measures supposed to address them link current and future generations. Altruism towards successor generations is a prerequisite for resolving the resulting inter-generational equity issues. Preference asymmetry and imperfect altruism introduce strategic conflicts between generations. Here, a current generation decides on a combination of abatement and whether to provide an imperfect backstop. The future generation decides whether to use the backstop or not. We identify three outcomes: (1) Technology denial, in which the current generation deliberately rejects the imperfect backstop to avoid misuse by the future generation. (2) Under-abatement, in which the current …
A Spatial Approach To Energy Economics, Juan B. Moreno-Cruz, M Scott Taylor
A Spatial Approach To Energy Economics, Juan B. Moreno-Cruz, M Scott Taylor
Juan B. Moreno-Cruz
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense, provide eight times the supply; and all new non-renewable resource plays must first boom and then bust. For both renewable and non-renewable energy sources we link the size of exploitation zones and energy supplies to energy density, and provide empirical measures of key model attributes using data on solar, wind, biomass, and fossil fuel energy sources. …
Back To The Future Of Green Powered Economies, Juan B. Moreno-Cruz, M. Scott Taylor
Back To The Future Of Green Powered Economies, Juan B. Moreno-Cruz, M. Scott Taylor
Juan B. Moreno-Cruz
The purpose of this paper is to introduce the concept of power density [Watts/m2] into economics. By introducing an explicit spatial structure into a simple general equilibrium model we are able to show how the power density of available energy resources determines the extent of energy exploitation, the density of urban agglomerations, and the peak level of income per capita. Using a simple Malthusian model to sort population across geographic space we demonstrate how the density of available energy supplies creates density in energy demands by agglomerating economic activity. We label this result the density-creates-density hypothesis and evaluate it using …
Climate Change In Cyprus: Impacts And Adaptation Measures, Theodoros Zachariadis
Climate Change In Cyprus: Impacts And Adaptation Measures, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.
Climate Change In Cyprus – Impacts And Adaptation Policies, Elpida Shoukri, Theodoros Zachariadis
Climate Change In Cyprus – Impacts And Adaptation Policies, Elpida Shoukri, Theodoros Zachariadis
Theodoros Zachariadis
This report provides a literature review of climate change facts and projections globally, for Europe, Mediterranean and Cyprus until the end of the 21st century. It focuses on climate change effects in Cyprus by sector and presents specific recommendations on the implementation of a proper adaptation strategy. The report is based on a review of the most important recent studies on climate change, including reports from international organizations as well as European and Mediterranean authorities and research institutions. The report has also benefited from information gathered through personal communication of the authors with public authorities, non-governmental organizations and researchers.
Beyond Business-As-Usual: Achieving A Paradigm Shift Towards Low-Carbon Transport, Theodoros Zachariadis
Beyond Business-As-Usual: Achieving A Paradigm Shift Towards Low-Carbon Transport, Theodoros Zachariadis
Theodoros Zachariadis
Transportation is responsible for a continuously rising share of global carbon emissions. Carefully designed regulations, supported by land use strategies, fiscal policies and local incentives, and enabled through targeted international development assistance, can reverse these unsustainable trends.
Climate Change In Cyprus: Impacts And Adaptation Policies, Theodoros Zachariadis
Climate Change In Cyprus: Impacts And Adaptation Policies, Theodoros Zachariadis
Theodoros Zachariadis
This paper provides an overview of facts and projections related to climate change in Cyprus until the end of the 21st century. It highlights the main climate change impacts foreseen and presents recommendations for the preparation of a national adaptation strategy. Coping with climate change is possible, provided that proactive actions are taken by both the public and the private sector. Public authorities need to set clear priorities and implement well designed policies. Most importantly, adequate monitoring mechanisms should be set up in order to provide much needed data which can send early warnings to policy makers and the public …
A Simple Model To Account For Regional Inequalities In The Effectiveness Of Solar Radiation Management, Juan B. Moreno-Cruz, Katharine L. Ricke, David W. Keith
A Simple Model To Account For Regional Inequalities In The Effectiveness Of Solar Radiation Management, Juan B. Moreno-Cruz, Katharine L. Ricke, David W. Keith
Juan B. Moreno-Cruz
We develop a simple measure of the potential effectiveness of solar radiation management (SRM) in compensating for anthropogenic climate change and test this measure using data from an ensemble of modeling experiments conducted with a general circulation model (GCM). Assuming a linear relationship between the amounts of SRM implemented globally and the regional temperature and precipitation responses to that change, we calculate the amount of SRM that minimizes impacts using three different social objectives: egalitarian, utilitarian and ecocentric. While inequalities in the effectiveness of SRM between regions are important, they may not be as severe as is often assumed. When …
Climate Policy Under Uncertainty: A Case For Solar Geoengineering, Juan B. Moreno-Cruz, David W. Keith
Climate Policy Under Uncertainty: A Case For Solar Geoengineering, Juan B. Moreno-Cruz, David W. Keith
Juan B. Moreno-Cruz
It appears to be technically feasible to engineer an increase in albedo, a planetary brightening, as a means to offset the warming caused by carbon dioxide (CO2) and other greenhouse gases through Solar Radiation Management (SRM). This option has two characteristics that make it attractive for managing climate risk: it is quick and cheap. However, SRM cannot exactly compensate for the CO2-driven climate change. Moreover, SRM introduces risks in the climate system that are unique to this type of intervention.We introduce SRM in a model of climate change economics and analyze the optimal policy under uncertainty. We find that the …
Designing Carbon Taxation Schemes For Automobiles: A Simulation Exercise For Germany, Adamos Adamou, Sofronis Clerides, Theodoros Zachariadis
Designing Carbon Taxation Schemes For Automobiles: A Simulation Exercise For Germany, Adamos Adamou, Sofronis Clerides, Theodoros Zachariadis
Theodoros Zachariadis
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon vehicles and give a rebate to purchasers of low-carbon automobiles. We estimate a discrete choice model of demand for automobiles in Germany and simulate the impact of alternative feebate schemes on emissions, consumer welfare, public revenues and firm profits. The analysis shows that a well-designed scheme can lead to emission reductions without reducing overall welfare.
The Explosion In Mari, Cyprus, The Cost Of Power Shortages, And Policy Recommendations, Theodoros Zachariadis, Panos Pashardes, Nicoletta Pashourtidou
The Explosion In Mari, Cyprus, The Cost Of Power Shortages, And Policy Recommendations, Theodoros Zachariadis, Panos Pashardes, Nicoletta Pashourtidou
Theodoros Zachariadis
No abstract provided.
Inequality, Communication And The Avoidance Of Disastrous Climate Change In A Public Goods Game, Alessandro Tavoni, Astrid Dannenberg, Giorgos Kallis, Andreas Loeschel
Inequality, Communication And The Avoidance Of Disastrous Climate Change In A Public Goods Game, Alessandro Tavoni, Astrid Dannenberg, Giorgos Kallis, Andreas Loeschel
Alessandro Tavoni
International efforts to provide global public goods often face the challenges of coordinating national contributions and distributing costs equitably in the face of uncertainty, inequality, and free-riding incentives. In an experimental setting, we distribute endowments unequally among a group of people who can reach a fixed target sum through successive money contributions, knowing that if they fail they will lose all their remaining money with 50% probability. In some treatments we give players the option to communicate intended contributions. We find that inequality reduces the prospects of reaching the target, but that communication increases success dramatically. Successful groups tend to …
Effect Of Climate Variability And Climate Change On Crop Production And Water Resources In Cyprus, Adriana Bruggeman, Christos Zoumides, Stelios Pashiardis, Panos Hadjinicolaou, Manfred Lange, Theodoros Zachariadis
Effect Of Climate Variability And Climate Change On Crop Production And Water Resources In Cyprus, Adriana Bruggeman, Christos Zoumides, Stelios Pashiardis, Panos Hadjinicolaou, Manfred Lange, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.
The Survival Of The Conformist: Social Pressure And Renewable Resource Management, Alessandro Tavoni
The Survival Of The Conformist: Social Pressure And Renewable Resource Management, Alessandro Tavoni
Alessandro Tavoni
This paper examines the role of other-regarding behavior as a mechanism for the establishment and maintenance of cooperation in resource use under variable social and environmental conditions. By coupling resource stock dynamics with social dynamics concerning compliance to a social norm prescribing non-excessive resource extraction in a common 10 pool resource, we show that when reputational considerations matter and a sufficient level of social stigma affects the violators of a norm, sustainable outcomes are achieved. We find large parameter regions where norm-observing and norm-violating types coexist, and analyze to what extent such coexistence depends on the environment.
The Costs Of Residential Water Scarcity In Cyprus: Impact Of Climate Change And Policy Options, Theodoros Zachariadis
The Costs Of Residential Water Scarcity In Cyprus: Impact Of Climate Change And Policy Options, Theodoros Zachariadis
Theodoros Zachariadis
This paper presents an assessment of the costs of water scarcity in Cyprus, today and in the next twenty years, accounting also for the effect of projected climate change in the region. We focus on the residential sector, accounting also for tourism and industry. Using a simple demand function we first compute total scarcity costs in Cyprus for the entire period 2010¡V2030 for three scenarios of future water demand. Our central estimate shows that the present value of total costs due to water shortages in this period will amount to 72 million Euros (at 2009 prices), and if future water …
Conference Proceedings 3rd International Scientific Conference On “Energy Systems With It” At Alvsjö Fair In Association With Energitinget March 16-17 2010, Dr. Erik Dahlquist, Dr. Jenny Palm
Conference Proceedings 3rd International Scientific Conference On “Energy Systems With It” At Alvsjö Fair In Association With Energitinget March 16-17 2010, Dr. Erik Dahlquist, Dr. Jenny Palm
Dr. Erik Dahlquist
2010 “The Energiting” is performed for the 12th time. The International Scientific conference is arranged for the 3rd time. The organisers are Swedish Energy Agency, Mälardalen University and the Research School for Energy Systems with LiU, KTH, UU and CTH. The first topic will be “Energy systems” covering use of renewable energy sources, energy conversion and process efficiency improvement with new technologies, as well as societal aspects of the introduction of new technologies. The second topic is “Energy and IT”. This covers energy and load management, interaction between production, distribution and “consumption”, usage of data for decision support and control, …
Mitigation And The Geoengineering Threat, Juan B. Moreno-Cruz
Mitigation And The Geoengineering Threat, Juan B. Moreno-Cruz
Juan B. Moreno-Cruz
Recent scientific advances have introduced the possibility of engineering the climate system to lower ambient temperatures without lowering greenhouse gas concentrations. This possibility has created an intense debate given the ethical, moral and scientific questions it raises. In this paper I examine the economic issues introduced when geoengineering becomes available in a standard two-period two-country model where strategic interaction leads to suboptimal mitigation. Geoengineering introduces the possibility of technical substitution away from mitigation, but it also affects the strategic interaction across countries: mitigation decisions made in the first period directly affect the geoengineering decisions made in the second period. With …
Revisiting The Economics Of Climate Change: The Role Of Geoengineering, Juan B. Moreno-Cruz, Sjak Smulders
Revisiting The Economics Of Climate Change: The Role Of Geoengineering, Juan B. Moreno-Cruz, Sjak Smulders
Juan B. Moreno-Cruz
Technically simple and reversible measures to directly reduce mean global temper- atures could be available anytime soon. We introduce the concept of \geoengineering" into an analytical model of climate change. We model the technical and economic characteristics of geoengineering in line with the recent literature from physical and environmental management sciences. We investigate (i) under which circumstances geoengineering can substitute, partly or completely, for traditional abatement strate- gies, (ii) under which conditions and at what level geoengineering is optimally em- ployed, and (iii) whether geoengineering can mitigate free-riding problems.
Incorporating Fairness Motives Into The Impulse Balance Equilibrium And Quantal Response Equilibrium Concepts: An Application To 2x2 Games, Alessandro Tavoni
Incorporating Fairness Motives Into The Impulse Balance Equilibrium And Quantal Response Equilibrium Concepts: An Application To 2x2 Games, Alessandro Tavoni
Alessandro Tavoni
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts which perform better empirically; one such example is the impulse balance equilibrium (Selten, Chmura, 2008), which introduces a psychological reference point to which players compare the available payoff allocations. This paper is concerned with advancing two new, empirically sound, concepts: equity-driven impulse balance equilibrium (EIBE) and equity-driven quantal response equilibrium (EQRE): both introduce a distributive reference point to …
Proceedings Of The Scientific Conference On Energy And It At Alvsjo Fair, Stockholm March 11-12, 2009 In Connection With The “Energitinget 2009, Dr. Erik Dahlquist, Dr. Jenny Palm
Proceedings Of The Scientific Conference On Energy And It At Alvsjo Fair, Stockholm March 11-12, 2009 In Connection With The “Energitinget 2009, Dr. Erik Dahlquist, Dr. Jenny Palm
Dr. Erik Dahlquist
This book contains the proceedings from the Energy and IT conference at Alvsjo Energy conference "Energitinget" arranged by Swedish Energy Agency, with approximately 2500 visitors. The papers contain both technical and social science papers, relating to both energy efficiency in buildings and in industry.
Social Costs From The Use Of Cars In Cypriot Cities, Theodoros Zachariadis
Social Costs From The Use Of Cars In Cypriot Cities, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.
European Climate Policy And The Position Of Cyprus, Theodoros Zachariadis
European Climate Policy And The Position Of Cyprus, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.
Fuel Taxation And Social Policy, Theodoros Zachariadis
Fuel Taxation And Social Policy, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.
Proceedings From Scientific Conference On Green Energy And It, Dr. Erik Dahlquist
Proceedings From Scientific Conference On Green Energy And It, Dr. Erik Dahlquist
Dr. Erik Dahlquist
This conference is part of the annual Energitinget, a national arena for energy in Sweden, with some 2500 participants. The focus with this session is to give a forum for researchers to present scientific results, and also to discuss these with other researchers. It contains papers in the area of Energy and IT as well as Green energy generally
When Fairness Bends Rationality: Ernst Fehr Meets John Nash, Alessandro Tavoni
When Fairness Bends Rationality: Ernst Fehr Meets John Nash, Alessandro Tavoni
Alessandro Tavoni
No abstract provided.
Use Of Modeling And Simulation In Pulp And, Dr. Erik Dahlquist
Use Of Modeling And Simulation In Pulp And, Dr. Erik Dahlquist
Dr. Erik Dahlquist
The book is a handbook for operators and process engineers in primarily pulp and paper industry, but also other process industries about how to utilise simulation as a tool for enhanced process operations. The book has been written as part of a EU COST action on Process Simulation, with 14 countries and 50 researchers and process industry representatives involved.
Subsidies For Energy Efficiency Improvements: Theory And Practice, Theodoros Zachariadis
Subsidies For Energy Efficiency Improvements: Theory And Practice, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.
Towards A New Taxation System For Motor Vehicles, Theodoros Zachariadis
Towards A New Taxation System For Motor Vehicles, Theodoros Zachariadis
Theodoros Zachariadis
No abstract provided.