Showing 1 - 10 of 21
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
The ability of companies to turn an environmental constraint into a source of strategic opportunities is a controversial topic in published research. The article, which is based on a comparative study of the CO2 emission reduction strategies implemented by the cement and chemical industries,...
Persistent link: https://www.econbiz.de/10013057268
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
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and it is not time consistent. By adding a market for the right to...
Persistent link: https://www.econbiz.de/10013094942
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
. 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
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
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
While it is well understood that industrialized countries use aid to grant political favors, little research covers alternative channels such as trade policy towards developing countries. We analyze eligibility investigations and revoking of U.S. Generalized System of Preferences (GSP) benefits...
Persistent link: https://www.econbiz.de/10012929478