Details about Richard Newell
Access statistics for papers by Richard Newell.
Last updated 2019-08-21. Update your information in the RePEc Author Service.
Short-id: pne29
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Working Papers
2017
- Informing SPR Policy Through Oil Futures and Inventory Dynamics
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
- The Unconventional Oil Supply Boom: Aggregate Price Response from Microdata
NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
2016
- Global Energy Outlook 2015
NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
- Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas
NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
- Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas Abstract: We analyze the relative price elasticity of unconventional versus conventional natural gas extraction. We separately analyze three key stages of gas production: drilling wells, completing wells, and producing natural gas from the completed wells. We find that the important margin is drilling investment, and neither production from existing wells nor completion times respond strongly to prices. We estimate a long-run drilling elasticity of 0.7 for both conventional and unconventional sources. Nonetheless, because unconventional wells produce on average 2.7 times more gas per well than conventional ones, the longrun price responsiveness of supply is almost 3 times larger for unconventional compared to conventional gas
Discussion Papers, Resources For the Future
- Who Did the Ethanol Tax Credit Benefit? An Event Analysis of Subsidy Incidence
NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
See also Journal Article in Journal of Public Economics (2018)
2015
- Addressing the Energy-Efficiency Gap
Working Paper Series, Harvard University, John F. Kennedy School of Government
- An Assessment of the Energy-Efficiency Gap and Its Implications for Climate Change Policy
Climate Change and Sustainable Development, Fondazione Eni Enrico Mattei (FEEM) View citations (7)
Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2015) View citations (6) Working Papers, Fondazione Eni Enrico Mattei (2015) View citations (6) NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (6)
- Assessing the Energy-Efficiency Gap
NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
Also in Working Papers, Fondazione Eni Enrico Mattei (2015) View citations (13) Climate Change and Sustainable Development, Fondazione Eni Enrico Mattei (FEEM) (2015) View citations (14)
See also Journal Article in Journal of Economic Literature (2017)
- Individual Time Preferences and Energy Efficiency
NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
See also Journal Article in American Economic Review (2015)
- Oil and Gas Revenue Allocation to Local Governments in Eight States
NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
- Shale Public Finance: Local Government Revenues and Costs Associated with Oil and Gas Development
NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
2014
- Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes
CESifo Working Paper Series, CESifo View citations (3)
Also in Climate Change and Sustainable Development, Fondazione Eni Enrico Mattei (FEEM) (2014) View citations (3) Discussion Papers, Resources For the Future (2013) View citations (10) Working Papers, Fondazione Eni Enrico Mattei (2014) View citations (3)
2013
- Determining Benefits and Costs for Future Generations
Scholarly Articles, Harvard University Department of Economics View citations (80)
- How Should Benefits and Costs Be Discounted in an Intergenerational Context?
Working Paper Series, Department of Economics, University of Sussex Business School View citations (6)
- Nudging Energy Efficiency Behavior: The Role of Information Labels
Discussion Papers, Resources For the Future View citations (17)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (33)
See also Journal Article in Journal of the Association of Environmental and Resource Economists (2014)
- The Global Energy Outlook
NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
2012
- Carbon Markets: Past, Present, and Future
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
Also in Discussion Papers, Resources For the Future (2012) View citations (3)
See also Journal Article in Annual Review of Resource Economics (2014)
- How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel
Discussion Papers, Resources For the Future View citations (14)
2011
- Cost-Effectiveness of Electricity Energy Efficiency Programs
Discussion Papers, Resources For the Future View citations (15)
Also in Discussion Papers, Resources For the Future (2009) View citations (5) NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (13)
See also Journal Article in The Energy Journal (2012)
2010
- Accelerating Energy Innovation: Insights from Multiple Sectors
NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
See also Book (2011)
2009
- Designing Climate Mitigation Policy
NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
Also in Discussion Papers, Resources For the Future (2009) View citations (7)
See also Journal Article in Journal of Economic Literature (2010)
- Energy Efficiency Economics and Policy
Discussion Papers, Resources For the Future View citations (234)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (237)
See also Journal Article in Annual Review of Resource Economics (2009)
- Energy, the Environment, and Technological Change
NBER Working Papers, National Bureau of Economic Research, Inc View citations (64)
See also Chapter (2010)
- Literature Review of Recent Trends and Future Prospects for Innovation in Climate Change Mitigation
OECD Environment Working Papers, OECD Publishing View citations (3)
- Where Does Energy R&D Come From? Examining Crowding Out from Environmentally-Friendly R&D
NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
2008
- Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade
Discussion Papers, Resources For the Future View citations (6)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (22)
See also Journal Article in Review of Environmental Economics and Policy (2009)
- Indexed Regulation
NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
Also in Discussion Papers, Resources For the Future (2006) View citations (10)
See also Journal Article in Journal of Environmental Economics and Management (2008)
2007
- Modeling Endogenous Technological Change for Climate Policy Analysis
Discussion Papers, Resources For the Future View citations (5)
See also Journal Article in Energy Economics (2008)
2005
- Asset Pricing in Created Markets for Fishing Quotas
Discussion Papers, Resources For the Future View citations (1)
Also in Discussion Papers, Resources for the Future (2005) View citations (1)
- Carbon Mitigation Costs for the Commercial Sector: Discrete-Continuous Choice Analysis of Multifuel Energy Demand
Discussion Papers, Resources for the Future View citations (1)
Also in Discussion Papers, Resources For the Future (2005) View citations (1)
- Environmental and Technology Policies for Climate Change and Renewable Energy
Discussion Papers, Resources for the Future View citations (1)
- Modeling Economywide versus Sectoral Climate Policies Using Combined Aggregate-Sectoral Models
Discussion Papers, Resources For the Future View citations (6)
Also in Discussion Papers, Resources for the Future (2005)
- Technology Prizes for Climate Change Mitigation
Discussion Papers, Resources For the Future View citations (10)
Also in Discussion Papers, Resources for the Future (2005) View citations (7)
2004
- A Tale of Two Market Failures: Technology and Environmental Policy
Discussion Papers, Resources For the Future View citations (7)
Also in Discussion Papers, Resources for the Future (2004) View citations (5)
See also Journal Article in Ecological Economics (2005)
- Environmental and Technology Policies for Climate Mitigation
Discussion Papers, Resources For the Future View citations (16)
See also Journal Article in Journal of Environmental Economics and Management (2008)
- Retrospective Examination of Demand-Side Energy Efficiency Policies
Discussion Papers, Resources for the Future View citations (18)
Also in Discussion Papers, Resources For the Future (2004) View citations (25)
2003
- Evaluating the New Zealand Individual Transferable Quota Market for Fisheries Management
Others, University Library of Munich, Germany View citations (5)
Also in Working Papers, Motu Economic and Public Policy Research (2003)
- Managing Permit Markets to Stabilize Prices
Discussion Papers, Resources for the Future View citations (6)
Also in Discussion Papers, Resources For the Future (2003) View citations (12)
See also Journal Article in Environmental & Resource Economics (2005)
- Prospects for Carbon Capture and Storage Technologies
Discussion Papers, Resources for the Future View citations (11)
Also in Discussion Papers, Resources For the Future (2003) View citations (26)
- Simplified Marginal Effects in Discrete Choice Models
Discussion Papers, Resources for the Future View citations (17)
Also in Discussion Papers, Resources For the Future (2003) View citations (16)
See also Journal Article in Economics Letters (2003)
- The Market-based Lead Phasedown
Discussion Papers, Resources for the Future View citations (2)
Also in Discussion Papers, Resources For the Future (2003)
2002
- Fishing Quota Markets
Discussion Papers, Resources For the Future 
Also in Discussion Papers, Resources for the Future (2002) View citations (1)
See also Journal Article in Journal of Environmental Economics and Management (2005)
- Information Programs for Technology Adoption: The Case of Energy-Efficiency Audits
Discussion Papers, Resources For the Future View citations (9)
Also in Discussion Papers, Resources for the Future (2002) View citations (5)
See also Journal Article in Resource and Energy Economics (2004)
2001
- Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuations?
Discussion Papers, Resources for the Future 
Also in Discussion Papers, Resources For the Future (2000) View citations (9)
See also Journal Article in Journal of Environmental Economics and Management (2003)
- Policy-Induced Technology Adoption: Evidence from the U.S. Lead Phasedown
Discussion Papers, Resources For the Future View citations (24)
Also in Discussion Papers, Resources for the Future (2001) View citations (1)
See also Journal Article in Journal of Industrial Economics (2003)
- Technological Change and the Environment
Discussion Papers, Resources for the Future View citations (7)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (50) Discussion Papers, Resources For the Future (2000) View citations (43) Working Paper Series, Harvard University, John F. Kennedy School of Government (2000) View citations (52)
2000
- Abatement-Cost Heterogeneity and Anticipated Savings from Market-Based Environmental Policies
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (4)
- Cost Heterogeneity and the Potential Savings from Market-Based Policies
Discussion Papers, Resources for the Future 
Also in Discussion Papers, Resources For the Future (2000) View citations (23)
See also Journal Article in Journal of Regulatory Economics (2003)
- Regulating Stock Externalities Under Uncertainty
Discussion Papers, Resources for the Future View citations (3)
Also in Discussion Papers, Resources For the Future (1998) View citations (22)
See also Journal Article in Journal of Environmental Economics and Management (2003)
1999
- Climate Change and Forest Sinks: Factors Affecting the Costs of Carbon Sequestration
Discussion Papers, Resources for the Future 
Also in Discussion Papers, Resources For the Future (1999) 
See also Journal Article in Journal of Environmental Economics and Management (2000)
1998
- The Induced Innovation Hypothesis and Energy-Saving Technological Change
Discussion Papers, Resources For the Future View citations (30)
Also in Discussion Papers, Resources for the Future (1998) View citations (7) NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (8)
See also Journal Article in The Quarterly Journal of Economics (1999)
Journal Articles
2019
- Chinese residential electricity consumption: Estimation and forecast using micro-data
Resource and Energy Economics, 2019, 56, (C), 6-27 View citations (4)
- Trophy Hunting versus Manufacturing Energy: The Price Responsiveness of Shale Gas
Journal of the Association of Environmental and Resource Economists, 2019, 6, (2), 391 - 431 View citations (5)
- U.S. federal government subsidies for clean energy: Design choices and implications
Energy Economics, 2019, 80, (C), 831-841 View citations (5)
2018
- The fiscal impacts of increased U.S. oil and gas development on local governments
Energy Policy, 2018, 117, (C), 14-24 View citations (4)
- Who did the ethanol tax credit benefit? An event analysis of subsidy incidence
Journal of Public Economics, 2018, 161, (C), 1-14 View citations (2)
See also Working Paper (2016)
2017
- Assessing the Energy-Efficiency Gap
Journal of Economic Literature, 2017, 55, (4), 1486-1525 View citations (43)
See also Working Paper (2015)
- Environmental and Technology Policy Options in the Electricity Sector: Are We Deploying Too Many?
Journal of the Association of Environmental and Resource Economists, 2017, 4, (4), 959 - 984 View citations (17)
2016
- Automatic detection of solar photovoltaic arrays in high resolution aerial imagery
Applied Energy, 2016, 183, (C), 229-240 View citations (6)
2015
- Deconstructing the Energy-Efficiency Gap: Conceptual Frameworks and Evidence
American Economic Review, 2015, 105, (5), 183-86 View citations (32)
- Individual Time Preferences and Energy Efficiency
American Economic Review, 2015, 105, (5), 196-200 View citations (41)
See also Working Paper (2015)
2014
- Carbon Markets: Past, Present, and Future
Annual Review of Resource Economics, 2014, 6, (1), 191-215 View citations (9)
See also Working Paper (2012)
- Editor's Choice Should Governments Use a Declining Discount Rate in Project Analysis?
Review of Environmental Economics and Policy, 2014, 8, (2), 145-163 View citations (49)
- Nudging Energy Efficiency Behavior: The Role of Information Labels
Journal of the Association of Environmental and Resource Economists, 2014, 1, (4), 555 - 598 View citations (73)
See also Working Paper (2013)
2013
- Carbon Markets 15 Years after Kyoto: Lessons Learned, New Challenges
Journal of Economic Perspectives, 2013, 27, (1), 123-46 View citations (69)
2012
- Cost-Effectiveness of Electricity Energy Efficiency Programs
The Energy Journal, 2012, Volume 33, (Number 2) View citations (41)
See also Working Paper (2011)
- The impact of geologic variability on capacity and cost estimates for storing CO2 in deep-saline aquifers
Energy Economics, 2012, 34, (5), 1569-1579 View citations (2)
- Where does energy R&D come from? Examining crowding out from energy R&D
Energy Economics, 2012, 34, (4), 980-991 View citations (70)
2010
- Designing Climate Mitigation Policy
Journal of Economic Literature, 2010, 48, (4), 903-34 View citations (80)
See also Working Paper (2009)
- The role of markets and policies in delivering innovation for climate change mitigation
Oxford Review of Economic Policy, 2010, 26, (2), 253-269 View citations (54)
2009
- Balancing Cost and Emissions Certainty: An Allowance Reserve for Cap-and-Trade
Review of Environmental Economics and Policy, 2009, 3, (1), 84-103 View citations (73)
See also Working Paper (2008)
- Energy Efficiency Economics and Policy
Annual Review of Resource Economics, 2009, 1, (1), 597-620 View citations (242)
See also Working Paper (2009)
2008
- Carbon mitigation costs for the commercial building sector: Discrete-continuous choice analysis of multifuel energy demand
Resource and Energy Economics, 2008, 30, (4), 527-539 View citations (13)
- Environmental and technology policies for climate mitigation
Journal of Environmental Economics and Management, 2008, 55, (2), 142-162 View citations (443)
See also Working Paper (2004)
- Indexed regulation
Journal of Environmental Economics and Management, 2008, 56, (3), 221-233 View citations (26)
See also Working Paper (2008)
- International technology-oriented agreements to address climate change
Energy Policy, 2008, 36, (1), 335-356 View citations (54)
- Modeling endogenous technological change for climate policy analysis
Energy Economics, 2008, 30, (6), 2734-2753 View citations (122)
See also Working Paper (2007)
2007
- AJAE Appendix: Asset Pricing in Created Markets
American Journal of Agricultural Economics APPENDICES, 2007, 89, (2), 4 View citations (6)
- Asset Pricing in Created Markets
American Journal of Agricultural Economics, 2007, 89, (2), 259-272 View citations (8)
2006
- Modeling Economy-wide vs Sectoral Climate Policies Using Combined Aggregate-Sectoral Models
The Energy Journal, 2006, Volume 27, (Number 3), 135-168 View citations (8)
- The effects of economic and policy incentives on carbon mitigation technologies
Energy Economics, 2006, 28, (5-6), 563-578 View citations (37)
2005
- A tale of two market failures: Technology and environmental policy
Ecological Economics, 2005, 54, (2-3), 164-174 View citations (445)
See also Working Paper (2004)
- Fishing quota markets
Journal of Environmental Economics and Management, 2005, 49, (3), 437-462 View citations (70)
See also Working Paper (2002)
- Managing Permit Markets to Stabilize Prices
Environmental & Resource Economics, 2005, 31, (2), 133-157 View citations (69)
See also Working Paper (2003)
2004
- Information programs for technology adoption: the case of energy-efficiency audits
Resource and Energy Economics, 2004, 26, (1), 27-50 View citations (160)
See also Working Paper (2002)
- Uncertain discount rates in climate policy analysis
Energy Policy, 2004, 32, (4), 519-529 View citations (28)
2003
- Cost Heterogeneity and the Potential Savings from Market-Based Policies
Journal of Regulatory Economics, 2003, 23, (1), 43-59 View citations (85)
See also Working Paper (2000)
- Discounting the distant future: how much do uncertain rates increase valuations?
Journal of Environmental Economics and Management, 2003, 46, (1), 52-71 View citations (146)
See also Working Paper (2001)
- Policy‐Induced Technology Adoption: Evidence from the U.S. Lead Phasedown
Journal of Industrial Economics, 2003, 51, (3), 317-343 View citations (104)
See also Working Paper (2001)
- Regulating stock externalities under uncertainty
Journal of Environmental Economics and Management, 2003, 45, (2, Supplement 1), 416-432 View citations (249)
See also Working Paper (2000)
- Simplified marginal effects in discrete choice models
Economics Letters, 2003, 81, (3), 321-326 View citations (16)
See also Working Paper (2003)
2002
- Environmental Policy and Technological Change
Environmental & Resource Economics, 2002, 22, (1), 41-70 View citations (137)
2000
- Climate Change and Forest Sinks: Factors Affecting the Costs of Carbon Sequestration
Journal of Environmental Economics and Management, 2000, 40, (3), 211-235 View citations (63)
See also Working Paper (1999)
1999
- The Induced Innovation Hypothesis and Energy-Saving Technological Change
The Quarterly Journal of Economics, 1999, 114, (3), 941-975 View citations (389)
See also Working Paper (1998)
Books
2011
- Accelerating Energy Innovation: Insights from Multiple Sectors
NBER Books, National Bureau of Economic Research, Inc View citations (8)
See also Working Paper (2010)
Edited books
2011
- Accelerating Energy Innovation
National Bureau of Economic Research Books, University of Chicago Press
Chapters
2011
- Introduction and Summary to "Accelerating Energy Innovation: Insights from Multiple Sectors"
A chapter in Accelerating Energy Innovation: Insights from Multiple Sectors, 2011, pp 1-23 View citations (9)
- The Energy Innovation System: A Historical Perspective
A chapter in Accelerating Energy Innovation: Insights from Multiple Sectors, 2011, pp 25-47 View citations (6)
2010
- Energy, the Environment, and Technological Change
Elsevier View citations (75)
See also Working Paper (2009)
2004
- Technology Policy for Energy and the Environment
A chapter in Innovation Policy and the Economy, Volume 4, 2004, pp 35-68 View citations (7)
2003
- Chapter 11 Technological change and the environment
Chapter 11 in Handbook of Environmental Economics, 2003, vol. 1, pp 461-516 View citations (165)
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