Energie- und Rohstoffe
Welfare implications of power rationing: an application to Germany
07.09.2015 | Beiträge in referierten Zeitschriften | von Lars Wenzel, André Wolf
This study analyzes the economic consequences of power rationing at the level of German counties. Based on a common production function approach, it estimates the costs of power outages for firms and households in all counties and uses these estimates to derive hypothetical rationing plans for the scenario of a country-wide shortage of power supply. ...