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Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its … environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change …
Persistent link: https://www.econbiz.de/10013157842
We examine an open economy's strategy to reduce its carbon emissions by replacing its consumption of coal - very carbon intensive - with gas - less so. Unlike the standard analysis of carbon leakage, unilateral carbon-reduction policies with more than one carbon energy source may turn...
Persistent link: https://www.econbiz.de/10012943061
That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are substitutes. This brings climate policies naturally in the realm...
Persistent link: https://www.econbiz.de/10013315810
This paper is the first to estimate the effect of two international agreements (Rotterdam Convention, RC, and the Stockholm Convention, SC) in reducing trade in hazardous substances. We estimate the effects of ratification of these agreements on imports of the affected products putting emphasis...
Persistent link: https://www.econbiz.de/10011774922
Persistent link: https://www.econbiz.de/10012663911
Persistent link: https://www.econbiz.de/10014432574
The ways of decision making within the EU have significantly changed in the last decades: the rule of unanimity has … compensating transfers by using the right of withdrawal: It might threaten to leave the EU if the compensation is denied. Are … as high as in the case of unanimity. In practise, the EU will offer compensating transfers depending on how credible a …
Persistent link: https://www.econbiz.de/10003776195
the paper analyzes different possible developments of selected common policies in the EU if enhanced cooperation is … practised by a sub-group of EU-members. Based on cluster analysis similarities and distinctions among the EU members with …
Persistent link: https://www.econbiz.de/10003314997
Die direkte Demokratie fungiert heute auf den ersten Blick als eine Art Gretchenfrage des deutschen Staatsrechts, aber auch der Parteienlandschaft. In der Ägide eines hyperpragmatischen Politikverständnisses scheint die Einstellung zu Elementen direkt-demokratischer Willensbildung zuweilen der...
Persistent link: https://www.econbiz.de/10003850740
The aim of this paper is to investigate the market efficiency on the foreign exchange market since the introduction of the Euro by applying the cointegration analysis to exchange rates. The introduction of the Euro has changed the structure of the global foreign exchange market to the extent...
Persistent link: https://www.econbiz.de/10003582754