Showing 1 - 10 of 16
Given the coexistent EU priorities concerning the competitiveness of European industries and international emissions … regulation at the company level, this paper assesses the efficiency and competitiveness implications of linking the EU Emissions … equilibrium approach shows that the aggregate welfare impacts of linking the EU ETS are rather limited. We further find that the …
Persistent link: https://www.econbiz.de/10014049271
We examine impacts of different types of environmental innovations on firm profits. Following Porter's (1991) hypothesis that environmental regulation can improve firms' competitiveness we distinguish regulation induced and voluntary environmental innovations. We find that innovations which...
Persistent link: https://www.econbiz.de/10013123781
This paper aims to shed light on the role of technological opportunities for green innovation by studying the case of Green ICT innovation. We test two hypotheses: (1) Firms active in low-opportunity technological areas are less innovative; (2) Firms active in low-opportunity technological areas...
Persistent link: https://www.econbiz.de/10014127946
This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
Persistent link: https://www.econbiz.de/10014064087
In the last decades supply chains emerged that stretch across many countries. This has been explained with decreasing trade and communication costs. We extend the literature by analyzing if and how unilateral environmental regulation induces offshoring to unregulated jurisdictions. We first...
Persistent link: https://www.econbiz.de/10013028510
In this paper we examine the nonlinear relation between the EUA price and its fundamentals, such as energy prices, macroeconomic risk factors and weather conditions. By estimating a Markov regime-switching model, we find that the relation between the EUA price and its fundamentals varies over...
Persistent link: https://www.econbiz.de/10013088768
In the absence of an international agreement on climate policy, unilateral carbon abatement creates two problems: It tends to have a detrimental effect on domestic competitiveness, and it leads to an increase in carbon emissions abroad (leakage). This paper analyses two policies that have...
Persistent link: https://www.econbiz.de/10012723180
The Paris Agreement establishes a mechanism to allow a Party to benefit from greenhouse gases emissions reductions conducted in a host Party to fulfil its nationally determined contribution. In this context, the objective of this paper is to improve the understanding of carbon offsets price...
Persistent link: https://www.econbiz.de/10012942550
We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules. Based on 30 studies published in the last decade, we offer a consensus estimate with respect to the level of statistical significance, provide suggestive evidence for the effect size, and identify study...
Persistent link: https://www.econbiz.de/10012994845
submit that it would amount to a consistent completion of the legal framework within the EU …
Persistent link: https://www.econbiz.de/10012934717