Showing 1 - 10 of 21
and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial …
Persistent link: https://www.econbiz.de/10012946920
On May 30, 2017, the Supreme Court held that the initial authorized sale of a patented item within or outside the U.S. “exhausts” all rights of the patentee to that item under the Patent Act. This decision goes against the Government's position that a foreign sale authorized by the U.S....
Persistent link: https://www.econbiz.de/10012947350
It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
Persistent link: https://www.econbiz.de/10013024360
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10012985451
We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and supervision of domestic banks. The regulator faces a trade-off: high capital requirements cause a drop in the banks' profitability, while strict supervision reduces the scope of...
Persistent link: https://www.econbiz.de/10013090254
Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...
Persistent link: https://www.econbiz.de/10013055363
Using annual data on individual US airlines over the 1995-2015 period, this paper presents regression results relating an airline's total fuel usage to seven variables: the available ton miles of capacity (passengers plus freight and mail) provided by the airline; the average seat capacity of its...
Persistent link: https://www.econbiz.de/10012982466
. Technology deployment is also affected by the timing of developing countries' mitigation measures. Delayed NA1-country …
Persistent link: https://www.econbiz.de/10012750000
regional model of the world economy, in which energy technical change is endogenous. The focus is on disembodied energy Ramp … different regions of the world? Does the speed of innovation increase? Or do free-riding incentives prevail and international … mix in which climate policy is combined with a technology policy designed to enhance absorption capacity in developing …
Persistent link: https://www.econbiz.de/10012751854
This paper presents a global model linking individual country vector error-correcting models in which the domestic variables are related to the country-specific variables as an approximate solution to a global common factor model. This global VAR is estimated for 26 countries, the euro area...
Persistent link: https://www.econbiz.de/10012783809