| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24378 |
| 来源ID | Working Paper 24378 |
| Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy | |
| Joseph E. Aldy; Todd D. Gerarden; Richard L. Sweeney | |
| 发表日期 | 2018-03-05 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | This paper examines the choice between subsidizing investment or output to promote socially desirable production. We exploit a natural experiment in which wind farm developers could choose an investment or an output subsidy to estimate the impact of these policy instruments on productivity. Using instrumental variables and matching estimators, we find that wind farms claiming the investment subsidy produced 10 to 12 percent less power than wind farms claiming the output subsidy, and that this effect reflects subsidy incentives rather than selection. Introducing investment subsidies caused the Federal government to spend 14 percent more per unit of output from wind farms. |
| 主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Energy |
| URL | https://www.nber.org/papers/w24378 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582051 |
| 推荐引用方式 GB/T 7714 | Joseph E. Aldy,Todd D. Gerarden,Richard L. Sweeney. Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24378.pdf（704KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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