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Harstad, Bård - National Bureau of Economic Research - 2024

cause Brazil's agricultural area to expand by 27%, but this expansion can be avoided if the EU and the US offer a CTA …

Persistent link: https://www.econbiz.de/10014544671

An Evaluation of Protected Area Policies in the European Union

Grupp, Tristan Earle; Mishra, Prakash; Reynaert, Mathias; … - National Bureau of Economic Research - 2023

The European Union designates 26% of its landmass as a protected area, limiting economic development to favor biodiversity. This paper uses the staggered introduction of protected-area policies between 1985 and 2020 to study the selection of land for protection and the causal effect of...

Persistent link: https://www.econbiz.de/10014447255

Williamson and Coase : Transaction Costs or Rent-Seeking in the Formation of Institutions

Libecap, Gary D. - National Bureau of Economic Research - 2024

The governance and transaction cost insights of Oliver Williamson (1975, 1985, 1996, 2010) and Ronald Coase (1937, 1992) have framed antitrust polices and firm management strategies. Transaction cost economics explain efficient governance adaptation. With a focus on private efficiency gains...

Persistent link: https://www.econbiz.de/10014576632

Environmentally-Inclined Politicians and Local Environmental Performance : Evidence from Publicly Listed Firms in China

Fang, Hanming; Ren, Honglin; Song, Danwen; Xu, Nianhang - National Bureau of Economic Research - 2023

inferior economic performance and their promotion likelihood is negatively related to local emission levels. The findings …

Persistent link: https://www.econbiz.de/10014247992

Biodiversity Risk

Giglio, Stefano; Kuchler, Theresa; Stroebel, Johannes; … - National Bureau of Economic Research - 2023

We explore the effects of physical and regulatory risks related to biodiversity loss on economic activity and asset values. We first develop a news-based measure of aggregate biodiversity risk and analyze how it varies over time. We also construct and publicly release several firm-level measures...

Persistent link: https://www.econbiz.de/10014250155

Informationally Efficient Climate Policy : Designing Markets to Measure and Price Externalities

Lemoine, Derek - National Bureau of Economic Research - 2022

information, and iii) efficiently aggregate dispersed information about the social cost of emissions. Conventional emission taxes …

Persistent link: https://www.econbiz.de/10013435097

Carbon Emissions Trading and Environmental Protection : International Evidence

Bai, Jennie; Ru, Hong - National Bureau of Economic Research - 2022

We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...

Persistent link: https://www.econbiz.de/10013435149

Environmental Economics, Regulation, and Innovation

Greaker, Mads; Popp, David - National Bureau of Economic Research - 2022

This paper provides a primer on the economics of environmental innovation. Our intention is not to write a pure review paper, but to also provide an up-to-date textbook treatment on the issue. Thus, we start by defining the marginal costs of both emissions and of emissions abatement. We then...

Persistent link: https://www.econbiz.de/10013388770

Climate Risks and FDI

Gu, Grace Weishi; Hale, Galina - National Bureau of Economic Research - 2022

emission productivity of the firm. In an extensive empirical analysis we find some support for model predictions, but overall … countries are smaller for industries with higher emission productivity. Our theory and empirical results point to the importance … of accounting for heterogeneity in emission productivity when analyzing effects of climate risks …

Persistent link: https://www.econbiz.de/10013388808

Combating Cross-Border Externalities

Shiyi, Chen; Zivin, Joshua S. Graff; Wang, Huanhuan; … - National Bureau of Economic Research - 2022

This paper investigates the impact of a pioneering pollution reduction program, the Ecological Compensation Initiative (ECI) in China, which establishes side payments between upstream and downstream provinces along the same river. The program includes both Coasian and pay-for-performance...

Persistent link: https://www.econbiz.de/10013334450