Publications of the Research Unit Environmental and Climate Economics

  1. ZEW Discussion Paper No. 20-015 // 2020

    The Ratchet Effect in Social Dilemmas

    In this paper, we investigate whether dynamic incentive schemes lead to a ratchet effect in a social dilemma. We test whether subjects strategically restrict their contribution levels at the beginning of a…

  2. ZEW Discussion Paper No. 20-011 // 2020

    Climate Policies Under Dynamic International Economic Cycles: A Heterogeneous Countries DSGE Model

    In light of increased economic integration and global warming, addressing critical issues such as the role of multilateral climate policies and the strategic interaction of countries in climate negotiations…

  3. ZEW Discussion Paper No. 20-008 // 2020

    Energy Use Patterns in German Manufacturing Since 2003

    The manufacturing sector accounts for a substantial share of German GDP, employment and carbon emissions. Therefore, the manufacturing sector's energy use and carbon emissions are of crucial importance for…

  4. Refereed Journal // 2020

    Low-Powered vs High-Powered Incentives: Evidence From German Electricity Networks

    We propose a difference-in-differences approach to estimating the impact of incentives on cost reduction in the context of German electricity networks. When subject to a lower-powered regulation mechanism,…

  5. Contributions to Edited Volumes and Conference Proceedings // 2020

    Economic Assessment of Co-benefits of Adaptation to Climate Change

    Notwithstanding any mitigation efforts, adaptation to climate change is necessary to combat climate damage. The decision to implement adaptation measures should not solely be based on their mere adaptation…

  6. Refereed Journal // 2020

    Measuring Market Integration and Estimating Policy Impacts on the Swiss Electricity Market

    We investigate market integration in Central Western European electricity markets with a focus on Switzerland. We propose a structural microeconometric approach to measuring the degree of market integration…

  7. Refereed Journal // 2020

    Natural Disasters and Governmental Aid: Is there a Charity Hazard?

    In the aftermath of natural disasters, governments frequently provide financial aid for affected households. This policy can have adverse effects if individuals anticipate it and forgo private precaution…