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Policy interventions in large open economies do not only affect the allocation of domestic resources but change international market prices. The change in international prices implies an indirect secondary burden or benefit for all trading countries. This secondary terms of trade effect may have...
Persistent link: https://www.econbiz.de/10011442985
Policy interventions in large open economies do not only affect the allocation of domestic resources but change international market prices. The change in international prices implies an indirect secondary burden or benefit for all trading countries. This secondary terms of trade effect may have...
Persistent link: https://www.econbiz.de/10013428260
Persistent link: https://www.econbiz.de/10003672349
Energy markets and energy-intensive industries in all EU member states especially in Germany are subject to a diverse set of policies related to climate change. We analyse the potential efficiency losses from simultaneous application of emission taxes and emissions trading in qualitative and...
Persistent link: https://www.econbiz.de/10003302739
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011300313
Energy security ranks high on the policy agenda of many countries. To improve on energy security, governments undertake … impacts of such measures on energy security are typically monitored by means of so-called energy security indicators. In this … paper, we show that the common use of wide-spread energy security indicators falls short of providing a meaningful metric …
Persistent link: https://www.econbiz.de/10011305322
Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...
Persistent link: https://www.econbiz.de/10011305409
Persistent link: https://www.econbiz.de/10010527158
Persistent link: https://www.econbiz.de/10009731964
Persistent link: https://www.econbiz.de/10010507764