Too Much Energy The Perverse Effect of Low Fuel Prices on Firms
This paper provides novel evidence on the impact of changes in energy prices on manufacturing performance in two large developing economies-Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants' performance, fuel price hikes result in higher productivity...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2019
|
| Schriftenreihe: | World Bank E-Library Archive
|
| Online-Zugang: | BSB01 FHI01 HTW01 EUV01 IOS01 URL des Erstveröffentlichers |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV048274510 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220609s2019 |||| o||u| ||||||eng d | ||
| 024 | 7 | |a 10.1596/1813-9450-9039 |2 doi | |
| 035 | |a (ZDB-1-WBA)NLM011154322 | ||
| 035 | |a (OCoLC)1334016500 | ||
| 035 | |a (DE-599)GBVNLM011154322 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-573 |a DE-523 |a DE-521 |a DE-Re13 | ||
| 100 | 1 | |a Cali, Massimiliano |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Too Much Energy |b The Perverse Effect of Low Fuel Prices on Firms |c Cali, Massimiliano |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2019 | |
| 300 | |a 1 Online-Ressource (50 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a World Bank E-Library Archive | |
| 520 | |a This paper provides novel evidence on the impact of changes in energy prices on manufacturing performance in two large developing economies-Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants' performance, fuel price hikes result in higher productivity and profits of manufacturing plants. The results of instrumental variable estimation imply that a 10 percent increase in fuel prices would lead to a 3.3 percent increase in total factor productivity for Indonesian and 1.2 percent for Mexican plants. The evidence suggests that effects are driven by the incentives that fuel price increases provide to plants towards replacing inefficient fuel-powered with more productive electricity-powered capital equipment. These results help to re-evaluate the policy trade-off between reducing carbon emissions and improving economic performance, particularly in countries with large fuel subsidies such as Indonesia and Mexico | ||
| 700 | 1 | |a Cali, Massimiliano |4 oth | |
| 700 | 1 | |a Cantore, Nicola |4 oth | |
| 700 | 1 | |a Iacovone, Leonardo |4 oth | |
| 700 | 1 | |a Pereira-Lopez, Mariana |4 oth | |
| 700 | 1 | |a Presidente, Giorgio |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Cali, Massimiliano |t Too Much Energy: The Perverse Effect of Low Fuel Prices on Firms |d Washington, D.C : The World Bank, 2019 |
| 856 | 4 | 0 | |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-033654705 | ||
| 966 | e | |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |l BSB01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |l FHI01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |l HTW01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |l EUV01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
| 966 | e | |u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |l IOS01 |p ZDB-1-WBA |x Verlag |3 Volltext | |
Datensatz im Suchindex
| _version_ | 1804184093690167296 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Cali, Massimiliano |
| author_facet | Cali, Massimiliano |
| author_role | aut |
| author_sort | Cali, Massimiliano |
| author_variant | m c mc |
| building | Verbundindex |
| bvnumber | BV048274510 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)NLM011154322 (OCoLC)1334016500 (DE-599)GBVNLM011154322 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02965nmm a2200445zc 4500</leader><controlfield tag="001">BV048274510</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2019 |||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/1813-9450-9039</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM011154322</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334016500</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM011154322</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-Re13</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Cali, Massimiliano</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Too Much Energy</subfield><subfield code="b">The Perverse Effect of Low Fuel Prices on Firms</subfield><subfield code="c">Cali, Massimiliano</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2019</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (50 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">World Bank E-Library Archive</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">This paper provides novel evidence on the impact of changes in energy prices on manufacturing performance in two large developing economies-Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants' performance, fuel price hikes result in higher productivity and profits of manufacturing plants. The results of instrumental variable estimation imply that a 10 percent increase in fuel prices would lead to a 3.3 percent increase in total factor productivity for Indonesian and 1.2 percent for Mexican plants. The evidence suggests that effects are driven by the incentives that fuel price increases provide to plants towards replacing inefficient fuel-powered with more productive electricity-powered capital equipment. These results help to re-evaluate the policy trade-off between reducing carbon emissions and improving economic performance, particularly in countries with large fuel subsidies such as Indonesia and Mexico</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Cali, Massimiliano</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Cantore, Nicola</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Iacovone, Leonardo</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Pereira-Lopez, Mariana</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Presidente, Giorgio</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Cali, Massimiliano</subfield><subfield code="t">Too Much Energy: The Perverse Effect of Low Fuel Prices on Firms</subfield><subfield code="d">Washington, D.C : The World Bank, 2019</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033654705</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039</subfield><subfield code="l">BSB01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039</subfield><subfield code="l">FHI01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039</subfield><subfield code="l">HTW01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039</subfield><subfield code="l">EUV01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039</subfield><subfield code="l">IOS01</subfield><subfield code="p">ZDB-1-WBA</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV048274510 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:00:11Z |
| indexdate | 2024-07-10T09:33:52Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033654705 |
| oclc_num | 1334016500 |
| open_access_boolean | |
| owner | DE-12 DE-573 DE-523 DE-521 DE-Re13 DE-BY-UBR |
| owner_facet | DE-12 DE-573 DE-523 DE-521 DE-Re13 DE-BY-UBR |
| physical | 1 Online-Ressource (50 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2019 |
| publishDateSearch | 2019 |
| publishDateSort | 2019 |
| publisher | The World Bank |
| record_format | marc |
| series2 | World Bank E-Library Archive |
| spelling | Cali, Massimiliano Verfasser aut Too Much Energy The Perverse Effect of Low Fuel Prices on Firms Cali, Massimiliano Washington, D.C The World Bank 2019 1 Online-Ressource (50 Seiten) txt rdacontent c rdamedia cr rdacarrier World Bank E-Library Archive This paper provides novel evidence on the impact of changes in energy prices on manufacturing performance in two large developing economies-Indonesia and Mexico. It finds that unlike increases in electricity prices, which harm plants' performance, fuel price hikes result in higher productivity and profits of manufacturing plants. The results of instrumental variable estimation imply that a 10 percent increase in fuel prices would lead to a 3.3 percent increase in total factor productivity for Indonesian and 1.2 percent for Mexican plants. The evidence suggests that effects are driven by the incentives that fuel price increases provide to plants towards replacing inefficient fuel-powered with more productive electricity-powered capital equipment. These results help to re-evaluate the policy trade-off between reducing carbon emissions and improving economic performance, particularly in countries with large fuel subsidies such as Indonesia and Mexico Cali, Massimiliano oth Cantore, Nicola oth Iacovone, Leonardo oth Pereira-Lopez, Mariana oth Presidente, Giorgio oth Erscheint auch als Druck-Ausgabe Cali, Massimiliano Too Much Energy: The Perverse Effect of Low Fuel Prices on Firms Washington, D.C : The World Bank, 2019 http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Cali, Massimiliano Too Much Energy The Perverse Effect of Low Fuel Prices on Firms |
| title | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms |
| title_auth | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms |
| title_exact_search | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms |
| title_exact_search_txtP | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms |
| title_full | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms Cali, Massimiliano |
| title_fullStr | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms Cali, Massimiliano |
| title_full_unstemmed | Too Much Energy The Perverse Effect of Low Fuel Prices on Firms Cali, Massimiliano |
| title_short | Too Much Energy |
| title_sort | too much energy the perverse effect of low fuel prices on firms |
| title_sub | The Perverse Effect of Low Fuel Prices on Firms |
| url | http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9039 |
| work_keys_str_mv | AT calimassimiliano toomuchenergytheperverseeffectoflowfuelpricesonfirms AT cantorenicola toomuchenergytheperverseeffectoflowfuelpricesonfirms AT iacovoneleonardo toomuchenergytheperverseeffectoflowfuelpricesonfirms AT pereiralopezmariana toomuchenergytheperverseeffectoflowfuelpricesonfirms AT presidentegiorgio toomuchenergytheperverseeffectoflowfuelpricesonfirms |