The SMU Cox Maguire Energy Institute presents the

2012 Frank Pitts Lecture featuring

4th International Workshop on Empirical Methods in Energy Economics

Program

Download a PDF of the Program

Wednesday, 13th July 2011
7:00 – 8:30 p.m. Opening Reception (hosted by the Canadian Consulate of Dallas)

 

Thursday, 14th July 2011 (Room 100, Collins Center, SMU)
08:45 - 09:00 a.m. Welcome and Introduction James Smith
Session 1. Corporate Performance & Behavior Chair: Lester Hunt
09:00 - 09:45 "Evolution of the Efficiency of National Oil Companies," Stacy Eller, Peter Hartley, and Kenneth Medlock (discussant: Clifton Jones)Paper

Slides
09:45 - 10:30 "To Disclose or Not to Disclose: What Determines Voluntary Corporate Energy and Carbon Reporting and Does it Matter?" Aoife Brophy Haney (discussant: Guido Pepermans)Paper
10:30 - 11:00 Coffee Break
Session 2. Rebound Effects Chair: Fred Joutz
11:00 - 11:45 "Rebound Effects in German Residential Heating: Do Ownership and Income Matter?" Reinhard Madlener and Maximilian Hauertmann (discussant: Anne Neumann)Paper

Slides
11:45 - 12:30 "Catching the Rebound: Determination of Rebound Effects in Energy Economics," Lester Hunt and David Ryan (discussant: Jevgenijs Steinbuks)Paper

Slides
12:30 - 13:30 Bistro Box Lunch (Collins Center Dining Room)
Session 3. Energy Security & Insecurity Chair: Peter Hartley
13:30 - 14:15 "Measuring Energy Security: Trends in the Diversification of Oil and Natural Gas Supplies, Gail Cohen, Frederick Joutz, and Prakash Loungani (discussant: Ted  Temzelides)Paper

14:15 - 15:00 "An Application of Dichotomous and Polytomous Rasch Models for Scoring Energy Insecurity, Anthony Murray and Bradford Mills (discussant: Denise Young)Paper

Slides
15:00 - 15:30 Coffee Break
Session 4. Shorter Presentations Chair: James Smith
15:30 - 15:45 "The Willingness to Pay for Domestic Smart Metering Devices in Flanders," Guido PepermansPaper

Slides
15:45 - 16:00 "International Inter-Fuel Substitution: Do Factor Endowments Matter?" Jevgenijs Steinbuks and Badri NarayananPaper
16:00 - 16:15 "Energy Efficiency Investments in the Home: What are the Preferences of Swiss Homeowners?" Anna Alberini, Silvia Banfi, and Celine RamseierPaper

Slides
16:15 - 16:30 "USA Total Energy Demand and Energy Efficiency: A Stochastic Demand Frontier Approach," Massimo Filippini and Lester HuntSlides
16:30 - 16:45 "Do Higher PV Solar and Wind Energy Penetration Levels Pose a Challenge to Electric Power Reliability? Evidence from the TenneT Transmission System in Germany," Kevin Forbes, Marco Stampini, and Ernest ZampelliPaper

Slides
16:45 - 17:00 "Value Creation in NOCs," Gurcan Gulen and Miranda WainbergPaper

Slides
17:00 - 18:15 EMEE Poster Reception and Review in the Collins Center Commons
(see list of poster presentations on last page)

18:15 - 18:30 Bus departure from Collins Center for dinner destination.
19:00 - 21:00 Workshop Dinner (hosted by the Federal Reserve Bank of Dallas)

 

Friday, 15th July 2011 (Room 100, Collins Center, SMU)
Session 5. Carbon Prices & Emission Taxes Chair: Mine Yucel
08:30 - 09:15 "Rockets and Feathers in CO2-power Markets? New Evidence from the Second Phase of the UE ETS," Chiara Lo Prete (discussant: Kevin Forbes)Paper

Slides
09:15 - 10:00 "Emissions from Electricity Generators in Response to Environmental Taxes: Evidence from Australia," Zaida Contreras, Tihomir Ancev, and Regina Betz (discussant: Andre Plourde)Paper

Slides
10:00 - 10:30 Coffee Break
Session 6. Electric Power Markets Chair: Massimo Filippini
10:30 - 11:15 "Who Responds to Electricity Prices? New Evidence on the Takeup of Time-Varying Prices and the Magnitude of Demand Response," Cesar Cancho and Steven Puller (discussant: Adonis Yatchew)

11:15 - 12:00 "Did Residential Rates Fall After Retail Competition?" Adam Swadley and Mine Yucel (discussant: Massimo Filippini)Paper
12:00 - 13:30 Texas Buffet Lunch (Collins Center Dining Room)
Session 7. Consumer Demand Behavior Chair: David Ryan
13:30 - 14:15 "How Do Consumers Respond to Gasoline Price Changes? Heterogeneity in Vehicle Choice and Driving Behavior," Kenneth Gillingham (discussant: David Ryan)Paper

Slides
14:15 - 15:00 "The Effect of Feedback on Residential Electricity Consumption," Will Gans, Anna Alberini, and Alberto Longo (discussant: Steven Puller)Paper

15:00 - 15:30 Coffee Break
Session 8. Oil Prices Chair: Andre Plourde
15:30 - 16:15 "Sources of the Volatility Puzzle in the Crude Oil Market," Christiane Baumeister and Gert Peersman (discussant: Andreas Fritz)Paper

Slides
16:15 - 17:00 "What Does and Does Not Work in Forecasting the Price of Oil?" Ron Alquist, Lutz Kilian, and Robert Vigfusson (discussant: Fred Joutz)Paper

Slides
17:00 - 17:15 Closing Remarks and Official Adjournment
17:30 Bus returns from SMU to Doubletree Hotel
18:15 Optional trip to Mesquite Championship Rodeo, including BBQ dinner
and professional rodeo competition.
Bus will depart from Doubletree Hotel and return around 10:00 pm.
Extra charge ($50 estimate) payable on site.

 

Additional Research (Poster) Presentations (Collins Center Commons, July 14-15)
"Long Run Evolution of Fossil Fuel Prices: Evidence from Persistence Break Testing," Aleksandar Zaklan, Jan Abrell, and Anne Neumann.Poster
"Climate, Agriculture, Energy, Forestry and the Optimal Allocation of Global Land Use in the Presence of Uncertainty and Irreversibility," Thomas Hertel and Jevginijs Steinbuks.
"Mandatory vs. Voluntary Payment for Green Electricity," Elcin Akcura.Paper

"European Electricity and Related Futures Markets: A Cointegrated Vector Auto-regression Analysis," Andreas Fritz.Poster
"Modelling and Forecasting Residential Energy Consumption in the U.S. Mountain Region," Jason Jorgenson and Fred Joutz.Paper

Poster
"Innovation, Renewable Energy, and Macroeconomic Growth," Peter Hartley, Kenneth Medlock, Ted Temzelides, and Xinya Zhang.Paper

Poster
"OPEC’s Gains from Cartelization—Revisited," Okullo Samuel Jovan.Paper
"Wind Energy, the Price of Carbon, and Carbon Emissions: The Case of Ireland," Kevin Forbes, Marco Stampini, and Ernest Zampelli.Paper
  

 

The workshop organizers gratefully acknowledge financial support provided by: