IDEAS home Printed from https://ideas.repec.org/a/zbw/espost/203117.html
   My bibliography  Save this article

Pathways for Germany's Low-Carbon Energy Transformation Towards 2050

Author

Listed:
  • Bartholdsen, Hans-Karl
  • Eidens, Anna
  • Löffler, Konstantin
  • Seehaus, Frederik
  • Wejda, Felix
  • Burandt, Thorsten
  • Oei, Pao-Yu
  • Kemfert, Claudia
  • Hirschhausen, Christian von

Abstract

Like many other countries, Germany has defined goals to reduce its CO2-emissions following the Paris Agreement of the 21st Conference of the Parties (COP). The first successes in decarbonizing the electricity sector were already achieved under the German Energiewende. However, further steps in this direction, also concerning the heat and transport sectors, have stalled. This paper describes three possible pathways for the transformation of the German energy system until 2050. The scenarios take into account current climate politics on a global, European, and German level and also include different demand projections, technological trends and resource prices. The model includes the sectors power, heat, and transportation and works on a Federal State level. For the analysis, the linear cost-optimizing Global Energy System Model (GENeSYS-MOD) is used to calculate the cost-efficient paths and technology mixes. We find that a reduction of CO2 of more than 80% in the less ambitious scenario can be welfare enhancing compared to a scenario without any climate mitigating policies. Even higher decarbonization rates of 95% are feasible and needed to comply with international climate targets, yet related to high effort in transforming the subsector of process heat. The different pathways depicted in this paper render chances and risks of transforming the German energy system under various external influences.

Suggested Citation

  • Bartholdsen, Hans-Karl & Eidens, Anna & Löffler, Konstantin & Seehaus, Frederik & Wejda, Felix & Burandt, Thorsten & Oei, Pao-Yu & Kemfert, Claudia & Hirschhausen, Christian von, 2019. "Pathways for Germany's Low-Carbon Energy Transformation Towards 2050," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 12(15), pages 1-33.
  • Handle: RePEc:zbw:espost:203117
    DOI: 10.3390/en12152988
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/203117/1/Bartholdsen_2019_Pathways-Low-Carbon-FT.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.3390/en12152988?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Heard, B.P. & Brook, B.W. & Wigley, T.M.L. & Bradshaw, C.J.A., 2017. "Burden of proof: A comprehensive review of the feasibility of 100% renewable-electricity systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 1122-1133.
    2. Hanemann, Philipp & Behnert, Marika & Bruckner, Thomas, 2017. "Effects of electric vehicle charging strategies on the German power system," Applied Energy, Elsevier, vol. 203(C), pages 608-622.
    3. Connolly, D. & Lund, H. & Mathiesen, B.V., 2016. "Smart Energy Europe: The technical and economic impact of one potential 100% renewable energy scenario for the European Union," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1634-1653.
    4. Child, Michael & Kemfert, Claudia & Bogdanov, Dmitrii & Breyer, Christian, 2019. "Flexible electricity generation, grid exchange and storage for the transition to a 100% renewable energy system in Europe," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 139, pages 80-101.
    5. Wolsink, Maarten, 2007. "Wind power implementation: The nature of public attitudes: Equity and fairness instead of 'backyard motives'," Renewable and Sustainable Energy Reviews, Elsevier, vol. 11(6), pages 1188-1207, August.
    6. Pao-Yu Oei and Roman Mendelevitch, 2016. "European Scenarios of CO2 Infrastructure Investment until 2050," The Energy Journal, International Association for Energy Economics, vol. 0(Sustainab).
    7. Henning, Hans-Martin & Palzer, Andreas, 2014. "A comprehensive model for the German electricity and heat sector in a future energy system with a dominant contribution from renewable energy technologies—Part I: Methodology," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 1003-1018.
    8. Bloess, Andreas, 2019. "Impacts of heat sector transformation on Germany’s power system through increased use of power-to-heat," Applied Energy, Elsevier, vol. 239(C), pages 560-580.
    9. Wolf-Peter Schill & Alexander Zerrahn & Claudia Kemfert & Christian von Hirschhausen, 2018. "Die Energiewende wird nicht an Stromspeichern scheitern," DIW aktuell 11, DIW Berlin, German Institute for Economic Research.
    10. Wolsink, Maarten, 2007. "Planning of renewables schemes: Deliberative and fair decision-making on landscape issues instead of reproachful accusations of non-cooperation," Energy Policy, Elsevier, vol. 35(5), pages 2692-2704, May.
    11. Loisel, Rodica & Pasaoglu, Guzay & Thiel, Christian, 2014. "Large-scale deployment of electric vehicles in Germany by 2030: An analysis of grid-to-vehicle and vehicle-to-grid concepts," Energy Policy, Elsevier, vol. 65(C), pages 432-443.
    12. Pao-Yu Oei & Hanna Brauers & Claudia Kemfert & Martin Kittel & Leonard Göke & Christian von Hirschhausen & Paula Walk, 2018. "Kohleausstieg in NRW im deutschen und europäischen Kontext - Energiewirtschaft, Klimaziele und wirtschaftliche Entwicklung," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 127, number pbk129, January.
    13. Gerbaulet, C. & von Hirschhausen, C. & Kemfert, C. & Lorenz, C. & Oei, P.-Y., 2019. "European electricity sector decarbonization under different levels of foresight," Renewable Energy, Elsevier, vol. 141(C), pages 973-987.
    14. Sinn, Hans-Werner, 2017. "Buffering volatility: A study on the limits of Germany's energy revolution," European Economic Review, Elsevier, vol. 99(C), pages 130-150.
    15. Karlo Hainsch & Thorsten Burandt & Claudia Kemfert & Konstantin Löffler & Pao-Yu Oei & Christian von Hirschhausen, 2018. "Emission Pathways Towards a Low-Carbon Energy System for Europe: A Model-Based Analysis of Decarbonization Scenarios," Discussion Papers of DIW Berlin 1745, DIW Berlin, German Institute for Economic Research.
    16. Palzer, Andreas & Henning, Hans-Martin, 2014. "A comprehensive model for the German electricity and heat sector in a future energy system with a dominant contribution from renewable energy technologies – Part II: Results," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 1019-1034.
    17. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801.
    18. Wolsink, Maarten, 2012. "Undesired reinforcement of harmful ‘self-evident truths’ concerning the implementation of wind power," Energy Policy, Elsevier, vol. 48(C), pages 83-87.
    19. Müller, C. & Hoffrichter, A. & Wyrwoll, L. & Schmitt, C. & Trageser, M. & Kulms, T. & Beulertz, D. & Metzger, M. & Duckheim, M. & Huber, M. & Küppers, M. & Most, D. & Paulus, S. & Heger, H.J. & Schnet, 2019. "Modeling framework for planning and operation of multi-modal energy systems in the case of Germany," Applied Energy, Elsevier, vol. 250(C), pages 1132-1146.
    20. Hansen, Kenneth & Mathiesen, Brian Vad & Skov, Iva Ridjan, 2019. "Full energy system transition towards 100% renewable energy in Germany in 2050," Renewable and Sustainable Energy Reviews, Elsevier, vol. 102(C), pages 1-13.
    21. Welsch, Manuel & Deane, Paul & Howells, Mark & Ó Gallachóir, Brian & Rogan, Fionn & Bazilian, Morgan & Rogner, Hans-Holger, 2014. "Incorporating flexibility requirements into long-term energy system models – A case study on high levels of renewable electricity penetration in Ireland," Applied Energy, Elsevier, vol. 135(C), pages 600-615.
    22. Howells, Mark & Rogner, Holger & Strachan, Neil & Heaps, Charles & Huntington, Hillard & Kypreos, Socrates & Hughes, Alison & Silveira, Semida & DeCarolis, Joe & Bazillian, Morgan & Roehrl, Alexander, 2011. "OSeMOSYS: The Open Source Energy Modeling System: An introduction to its ethos, structure and development," Energy Policy, Elsevier, vol. 39(10), pages 5850-5870, October.
    23. Dawud Ansari & Franziska Holz & Hasan Basri Tosun, 2019. "Global Futures of Energy, Climate, and Policy: Qualitative and Quantitative Foresight towards 2055," Discussion Papers of DIW Berlin 1782, DIW Berlin, German Institute for Economic Research.
    24. Schill, Wolf-Peter & Gerbaulet, Clemens, 2015. "Power System Impacts of Electric Vehicles in Germany: Charging with Coal or Renewables," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 156, pages 185-196.
    25. Christian von Hirschhausen & Johannes Herold & Pao-Yu Oei & Clemens Haftendorn, 2012. "CCTS-Technologie ein Fehlschlag: Umdenken in der Energiewende notwendig," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 79(6), pages 3-9.
    26. Reusswig, Fritz & Braun, Florian & Heger, Ines & Ludewig, Thomas & Eichenauer, Eva & Lass, Wiebke, 2016. "Against the wind: Local opposition to the German Energiewende," Utilities Policy, Elsevier, vol. 41(C), pages 214-227.
    27. Pregger, Thomas & Nitsch, Joachim & Naegler, Tobias, 2013. "Long-term scenarios and strategies for the deployment of renewable energies in Germany," Energy Policy, Elsevier, vol. 59(C), pages 350-360.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michael Metzger & Mathias Duckheim & Marco Franken & Hans Joerg Heger & Matthias Huber & Markus Knittel & Till Kolster & Martin Kueppers & Carola Meier & Dieter Most & Simon Paulus & Lothar Wyrwoll & , 2021. "Pathways toward a Decarbonized Future—Impact on Security of Supply and System Stability in a Sustainable German Energy System," Energies, MDPI, vol. 14(3), pages 1-28, January.
    2. Jafari, Yaghoob & Engemann, Helena & Heckelei, Thomas & Hainsch, Karlo, 2023. "National and Regional Economic Impacts of changes in Germany's electricity mix: A dynamic analysis through 2050," Utilities Policy, Elsevier, vol. 82(C).
    3. Christoph Bader & Jörn Stumpenhausen & Heinz Bernhardt, 2024. "Prediction of the Spatial and Temporal Adoption of an Energy Management System in Automated Dairy Cattle Barns in Bavaria—“CowEnergySystem”," Energies, MDPI, vol. 17(2), pages 1-13, January.
    4. Gutiérrez-Meave, Raúl & Rosellón, Juan & Sarmiento, Luis, 2021. "The Effect of Changing Marginal-Cost to Physical-Order Dispatch in the Power Sector," RFF Working Paper Series 21-19, Resources for the Future.
    5. Hanto, Jonathan & Krawielicki, Lukas & Krumm, Alexandra & Moskalenko, Nikita & Löffler, Konstantin & Hauenstein, Christian & Oei, Pao-Yu, 2021. "Effects of decarbonization on the energy system and related employment effects in South Africa," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 124, pages 73-84.
    6. Victor I. Espinosa & José Antonio Peña-Ramos & Fátima Recuero-López, 2021. "The Political Economy of Rent-Seeking: Evidence from Spain’s Support Policies for Renewable Energy," Energies, MDPI, vol. 14(14), pages 1-16, July.
    7. Burandt, Thorsten, 2021. "Analyzing the necessity of hydrogen imports for net-zero emission scenarios in Japan," Applied Energy, Elsevier, vol. 298(C).
    8. Borasio, M. & Moret, S., 2022. "Deep decarbonisation of regional energy systems: A novel modelling approach and its application to the Italian energy transition," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    9. Sylwia Mrozowska & Jan A. Wendt & Krzysztof Tomaszewski, 2021. "The Challenges of Poland’s Energy Transition," Energies, MDPI, vol. 14(23), pages 1-22, December.
    10. Abuzayed, Anas & Hartmann, Niklas, 2022. "MyPyPSA-Ger: Introducing CO2 taxes on a multi-regional myopic roadmap of the German electricity system towards achieving the 1.5 °C target by 2050," Applied Energy, Elsevier, vol. 310(C).
    11. Thimet, P.J. & Mavromatidis, G., 2022. "Review of model-based electricity system transition scenarios: An analysis for Switzerland, Germany, France, and Italy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 159(C).
    12. Mantas Svazas & Yuriy Bilan & Valentinas Navickas, 2024. "Research Directions of the Energy Transformation Impact on the Economy in the Aspect of Asset Analysis," Sustainability, MDPI, vol. 16(6), pages 1-21, March.
    13. Löffler, Konstantin & Burandt, Thorsten & Hainsch, Karlo & Oei, Pao-Yu & Seehaus, Frederik & Wejda, Felix, 2022. "Chances and barriers for Germany's low carbon transition - Quantifying uncertainties in key influential factors," Energy, Elsevier, vol. 239(PA).
    14. Wang, Ni & Verzijlbergh, Remco A. & Heijnen, Petra W. & Herder, Paulien M., 2023. "Incorporating indirect costs into energy system optimization models: Application to the Dutch national program Regional Energy Strategies," Energy, Elsevier, vol. 276(C).
    15. Morgenthaler, Simon & Kuckshinrichs, Wilhelm & Witthaut, Dirk, 2020. "Optimal system layout and locations for fully renewable high temperature co-electrolysis," Applied Energy, Elsevier, vol. 260(C).
    16. Janusch, C. & Lewin, E.F. & Battaglia, M.L. & Rezaei-Chiyaneh, E. & Von Cossel, M., 2021. "Flower-power in the bioenergy sector – A review on second generation biofuel from perennial wild plant mixtures," Renewable and Sustainable Energy Reviews, Elsevier, vol. 147(C).
    17. Kendziorski, Mario & Göke, Leonard & von Hirschhausen, Christian & Kemfert, Claudia & Zozmann, Elmar, 2022. "Centralized and decentral approaches to succeed the 100% energiewende in Germany in the European context – A model-based analysis of generation, network, and storage investments," Energy Policy, Elsevier, vol. 167(C).
    18. Jarosław Brodny & Magdalena Tutak, 2020. "The Use of Artificial Neural Networks to Analyze Greenhouse Gas and Air Pollutant Emissions from the Mining and Quarrying Sector in the European Union," Energies, MDPI, vol. 13(8), pages 1-31, April.
    19. Morgenthaler, Simon & Dünzen, Justus & Stadler, Ingo & Witthaut, Dirk, 2021. "Three stages in the co-transformation of the energy and mobility sectors," Renewable and Sustainable Energy Reviews, Elsevier, vol. 150(C).
    20. Oei, Pao-Yu & Hermann, Hauke & Herpich, Philipp & Holtemöller, Oliver & Lünenbürger, Benjamin & Schult, Christoph, 2020. "Coal phase-out in Germany – Implications and policies for affected regions," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 196.
    21. Xiaoyang Hou & Shuai Zhong & Jian’an Zhao, 2022. "A Critical Review on Decarbonizing Heating in China: Pathway Exploration for Technology with Multi-Sector Applications," Energies, MDPI, vol. 15(3), pages 1-23, February.
    22. Hofbauer, Leonhard & McDowall, Will & Pye, Steve, 2022. "Challenges and opportunities for energy system modelling to foster multi-level governance of energy transitions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    23. Hainsch, Karlo & Löffler, Konstantin & Burandt, Thorsten & Auer, Hans & Crespo del Granado, Pedro & Pisciella, Paolo & Zwickl-Bernhard, Sebastian, 2022. "Energy transition scenarios: What policies, societal attitudes, and technology developments will realize the EU Green Deal?," Energy, Elsevier, vol. 239(PC).
    24. Yu Hu & Yuanying Chi & Wenbing Zhou & Zhengzao Wang & Yongke Yuan & Ruoyang Li, 2022. "Research on Energy Structure Optimization and Carbon Emission Reduction Path in Beijing under the Dual Carbon Target," Energies, MDPI, vol. 15(16), pages 1-17, August.
    25. Plazas-Niño, F.A. & Ortiz-Pimiento, N.R. & Montes-Páez, E.G., 2022. "National energy system optimization modelling for decarbonization pathways analysis: A systematic literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Löffler, Konstantin & Burandt, Thorsten & Hainsch, Karlo & Oei, Pao-Yu & Seehaus, Frederik & Wejda, Felix, 2022. "Chances and barriers for Germany's low carbon transition - Quantifying uncertainties in key influential factors," Energy, Elsevier, vol. 239(PA).
    2. Löffler, Konstantin & Burandt, Thorsten & Hainsch, Karlo & Oei, Pao-Yu, 2019. "Modeling the low-carbon transition of the European energy system - A quantitative assessment of the stranded assets problem," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 26, pages 1-15.
    3. Borasio, M. & Moret, S., 2022. "Deep decarbonisation of regional energy systems: A novel modelling approach and its application to the Italian energy transition," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    4. Østergaard, P.A. & Lund, H. & Thellufsen, J.Z. & Sorknæs, P. & Mathiesen, B.V., 2022. "Review and validation of EnergyPLAN," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
    5. Hansen, Kenneth & Mathiesen, Brian Vad & Skov, Iva Ridjan, 2019. "Full energy system transition towards 100% renewable energy in Germany in 2050," Renewable and Sustainable Energy Reviews, Elsevier, vol. 102(C), pages 1-13.
    6. Schill, Wolf-Peter & Zerrahn, Alexander, 2020. "Flexible electricity use for heating in markets with renewable energy," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 266.
    7. Simon Hilpert, 2020. "Effects of Decentral Heat Pump Operation on Electricity Storage Requirements in Germany," Energies, MDPI, vol. 13(11), pages 1-19, June.
    8. Prina, Matteo Giacomo & Manzolini, Giampaolo & Moser, David & Nastasi, Benedetto & Sparber, Wolfram, 2020. "Classification and challenges of bottom-up energy system models - A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 129(C).
    9. Hansen, Kenneth & Breyer, Christian & Lund, Henrik, 2019. "Status and perspectives on 100% renewable energy systems," Energy, Elsevier, vol. 175(C), pages 471-480.
    10. Mauleón, Ignacio, 2019. "Assessing PV and wind roadmaps: Learning rates, risk, and social discounting," Renewable and Sustainable Energy Reviews, Elsevier, vol. 100(C), pages 71-89.
    11. Lopion, Peter & Markewitz, Peter & Robinius, Martin & Stolten, Detlef, 2018. "A review of current challenges and trends in energy systems modeling," Renewable and Sustainable Energy Reviews, Elsevier, vol. 96(C), pages 156-166.
    12. Tom Brown & Mirko Schäfer & Martin Greiner, 2019. "Sectoral Interactions as Carbon Dioxide Emissions Approach Zero in a Highly-Renewable European Energy System," Energies, MDPI, vol. 12(6), pages 1-16, March.
    13. Brown, T. & Schlachtberger, D. & Kies, A. & Schramm, S. & Greiner, M., 2018. "Synergies of sector coupling and transmission reinforcement in a cost-optimised, highly renewable European energy system," Energy, Elsevier, vol. 160(C), pages 720-739.
    14. Thure Traber & Franziska Simone Hegner & Hans-Josef Fell, 2021. "An Economically Viable 100% Renewable Energy System for All Energy Sectors of Germany in 2030," Energies, MDPI, vol. 14(17), pages 1-17, August.
    15. Diesendorf, Mark & Elliston, Ben, 2018. "The feasibility of 100% renewable electricity systems: A response to critics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 318-330.
    16. Sarmiento, Luis & Burandt, Thorsten & Löffler, Konstantin & Oei, Pao-Yu, 2019. "Analyzing Scenarios for the Integration of Renewable Energy Sources in the Mexican Energy System," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 12(2019), pages 1-1.
    17. Pavičević, Matija & Mangipinto, Andrea & Nijs, Wouter & Lombardi, Francesco & Kavvadias, Konstantinos & Jiménez Navarro, Juan Pablo & Colombo, Emanuela & Quoilin, Sylvain, 2020. "The potential of sector coupling in future European energy systems: Soft linking between the Dispa-SET and JRC-EU-TIMES models," Applied Energy, Elsevier, vol. 267(C).
    18. Prina, Matteo Giacomo & Casalicchio, Valeria & Kaldemeyer, Cord & Manzolini, Giampaolo & Moser, David & Wanitschke, Alexander & Sparber, Wolfram, 2020. "Multi-objective investment optimization for energy system models in high temporal and spatial resolution," Applied Energy, Elsevier, vol. 264(C).
    19. Gerbaulet, Clemens & von Hirschhausen, Christian & Kemfert, Claudia & Lorenz, Casimir & Oei, Pao-Yu, 2019. "European electricity sector decarbonization under different levels of foresight," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 141, pages 973-987.
    20. Maruf, Md. Nasimul Islam, 2021. "Open model-based analysis of a 100% renewable and sector-coupled energy system–The case of Germany in 2050," Applied Energy, Elsevier, vol. 288(C).

    More about this item

    Keywords

    Decarbonization; Energy system modeling; GENeSYS-MOD; Renewables; Energy policy; Energy transformation; Energiewende;
    All these keywords.

    JEL classification:

    • Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:espost:203117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.