Despite the increased use of economic instruments, many landholders remain unwilling to participate in these programs.
Once the economic measures are selected, the policy maker is presented with a range of economic instruments to choose from.
This paper contests this premise by arguing that non-economic barriers to wind power development have the capacity to significantly inhibit wind power development in industrialized nations despite the implementation of economic policy instruments.
A widely accepted premise regarding wind power development policy is that implementation of economic policy instruments, which are designed to close the cost gap between wind power and entrenched fossil fuel power generation technologies, will significantly catalyze enhanced levels of wind power development activity.
Consequently, some of the effects estimated in this study might be significantly different in a real world situation, thus calling for a cautious implementation of such an economic instrument.
Process criteria describe the institutional conditions (legislative, political, cultural, etc). affecting the formation and operation of the EPI studied (particularly relevant for assessing the possible impacts of using economic instruments), the transaction costs involved in implementing and enforcing the instruments and the process of implementation.
Economic Governance Support provides information to Members on the implementation of the economic governance instruments and banking supervision in the Union, in particular in the Euro Area.
The use of additional economic instruments may improve the effectiveness of the policy.
The Economic Governance Support Unit provides information to members on the implementation of the economic governance instruments and banking supervision in the Union, in particular in the Euro Area.
