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efficiency and potential for emission reductions of the industrial sectors of China and Korea, and impact of carbon trading on … costs. Data from 20 industries in the manufacturing sectors of South Korea and China were analyzed during 2015-2019. The … reduced by almost 30%, while for China, the potential cost savings were 4% higher. The average marginal abatement cost in …
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Intuitively, by increasing the opportunity cost of engaging in criminal activities, positive economic shocks should reduce crime. However, the empirical evidence on the relationship between economic shocks and criminal behavior is at best ambiguous. This may be because certain types of shocks...
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This study estimates the size and value of unpaid family caretaking activities at a European level. While at a country level several studies are available, a comprehensive evaluation for Europe as a whole was missing so far, mainly due to data limitations. This paper fills this gap using a...
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There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment rather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee. Information on...
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