Add to ORKGThis paper presents a theoretical model emphasising energy investments’ characteristics of uncertainty and irreversibility. The theoretical model suggests threshold effects. Firms are induced to substitute away from energy only if prices of energy exceed a certain threshold level and they reverse the technology only if energy prices are low enough. Estimating a simple investment relation using panel data for the Dutch economy, we find evidence for threshold effects.
Energy costs are notoriously uncertain but what is the effect of this on energysaving investments? W...
Empirical analyses of firm behaviour typically assume that there is a stable relationship between in...
A dynamic model of investment is estimated with data on non-financial firms in 15 European countries...
This paper presents a theoretical model emphasising energy investments’characteristics of uncertaint...
This paper presents a theoretical model emphasising energy investments’ characteristics of uncertain...
The effectiveness of policies to reduce the use of energy depend on the elasticity of substitution b...
The effectiveness of policies to reduce the use of energy depend on the elasticity of substitution b...
Theory predicts that the presence of fixed costs affects the relationship between energy use and ene...
The objective of this paper is to examine, for a panel of seven countries from the European Union, s...
This paper examines whether the effect of energy consumption on economic growth is dependent on the ...
This paper examines threshold dynamics of electricity consumption and green mortgage. Industrial and...
This study uses data from seven countries with high energy consumption levels in 1997⁻2016 (i....
The purpose of this paper is to identify the changes in the impact of energy shocks on economic acti...
This study investigates whether the effect of energy consumption on economic growth differs by the l...
Energy costs are notoriously uncertain but what is the effect of this on energysaving investments? W...
Empirical analyses of firm behaviour typically assume that there is a stable relationship between in...
A dynamic model of investment is estimated with data on non-financial firms in 15 European countries...
This paper presents a theoretical model emphasising energy investments’characteristics of uncertaint...
This paper presents a theoretical model emphasising energy investments’ characteristics of uncertain...
The effectiveness of policies to reduce the use of energy depend on the elasticity of substitution b...
The effectiveness of policies to reduce the use of energy depend on the elasticity of substitution b...
Theory predicts that the presence of fixed costs affects the relationship between energy use and ene...
The objective of this paper is to examine, for a panel of seven countries from the European Union, s...
This paper examines whether the effect of energy consumption on economic growth is dependent on the ...
This paper examines threshold dynamics of electricity consumption and green mortgage. Industrial and...
This study uses data from seven countries with high energy consumption levels in 1997⁻2016 (i....
The purpose of this paper is to identify the changes in the impact of energy shocks on economic acti...
This study investigates whether the effect of energy consumption on economic growth differs by the l...
Energy costs are notoriously uncertain but what is the effect of this on energysaving investments? W...
Empirical analyses of firm behaviour typically assume that there is a stable relationship between in...
A dynamic model of investment is estimated with data on non-financial firms in 15 European countries...