While energy intensity in China has fallen almost continuously since the onset of economic reform in the late 1970s, beginning in 1996 the data show a striking decline in China's absolute level of energy use. Most of this decline can be accounted for by falling coal consumption in the industrial sector. In order to investigate this energy puzzle, this paper… (More)
A stylized fact of technical change in developing economies is that of Harrod-neutral labor augmenting technical change arising from capital deepening. While in the aggregate this pattern of technical change is widely observed, at the firm level a variety of channels of technical change and factor biases are possible. Using a large set of firm-level panel… (More)
We review recent work in the integrated assessment modeling of global climate change. This field has grown rapidly since 1990. Integrated assessment models seek to combine knowledge from multiple disciplines in formal integrated representations; inform policy-making, structure knowledge, and prioritize key uncertainties; and advance knowledge of broad… (More)
Interim Reports on work of the International Institute for Applied Systems Analysis receive only limited review. Views or opinions expressed herein do not necessarily represent those of the Institute, its National Member Organizations, or other organizations supporting the work.
This paper demonstrates using basic economic theory that there are four possible channels via which a reduction in electricity consumption can be achieved by the adoption of a prepaid plan: nudging, price effects, information provision, and costs of being disconnected. By using customer level residential billing data from 2008-2010 of a major utility… (More)
Integrated assessment models for climate change (IAMs) couple representations of economic and natural systems to identify and evaluate strategies for managing the effects of global climate change. In this study we subject the Dynamic Integrated model of Climate and Economy (DICE), an IAM of lower-bound complexity , to a comprehensive global sensitivity… (More)
This paper offers a critical review of modeling practice in the field of integrated assessment of climate change and ways forward. Past efforts in integrated assessment have concentrated on developing baseline trajectories of emissions and mitigation scenario analyses. A key missing component in IAMs is the representation of climate impacts and adaptation… (More)