Household electricity consumption inefficiency and poverty - evidence from Ghana
EfD Authors:
Abstract
Demand-side management of energy consumption using energy efficiency improvements has the potential to reduce poverty in addition to reducing greenhouse emissions. However, very little is known about the impact of electrical energy consumption inefficiency on poverty.
Using data from a household survey and the Ordinary Least Square estimation technique, we first assess the impact of household electricity consumption efficiency on multidimensional poverty using a stochastic energy demand frontier model.
The social cost of methane
EfD Authors:
AbstractA rapid and sustained reduction of methane emissions has been proposed recently as a key strategy to meet the climate targets of the Paris Agreement. The social cost of methane (SCM), which expresses the climate damage cost associated with an additional metric ton of methane emitted, is a metric that can be used to design policies to reduce the emissions of this gas.
Behavioral Economics – Policy Impact and Future Directions
Behavioral economics - a field based in collaborations among economists and psychologists - focuses on integrating a nuanced understanding of behavior into models of decision-making. Since the mid-20th century, this growing field has produced research in numerous domains and has influenced policymaking, research, and marketing. However, little has been done to assess these contributions and review evidence of their use in the policy arena.