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Economic Incentives and the Timing of Investments in Energy Conservation: The Case of California Agriculture

机译:经济激励与节能投资时机:以加利福尼亚农业为例

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The public sector's effectiveness in promoting energy conservation ultimatelydepends on its ability to match its messages and programs to the profit maximizationobjectives of firms. However, if firms are not aware of public programs, they cannot act tomaximize profits by participating in them. In order to explore how important awareness is inthe participation in these programs, we analyze participation in an agricultural energy peakloadreduction program implemented in California during 2001 and 2002. By dividing thefirms into different sectors, we consider the influence of program awareness on the firms’decisions, while controlling for other factors. The results suggest that program awareness isan important factor in participation.
机译:公共部门最终促进节能的成效 取决于其使消息和程序与利润最大化相匹配的能力 公司的目标。但是,如果公司不了解公共计划,他们将无法采取行动 通过参与最大化利润。为了探索意识在其中的重要性 参与这些计划,我们分析了参与农业能源峰值负荷的情况 削减计划于2001年至2002年在加利福尼亚州实施。 公司进入不同的行业,我们考虑计划意识对公司的影响 决定,同时控制其他因素。结果表明,计划意识是 参与的重要因素。

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