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Agglomeration with Human and Physical Capital: an Analytically Solvable Case
Forslid, Rikard - C.E.P.R. Discussion Papers - 1999
industry as regions integrate economically. Two cases of human capital mobility and physical or knowledge capital moblity are … treated separately. In the human capital case the model behaves qualitatively just as the core-periphery model, where … manufacturing tends to agglomerate for low trade costs. In the physical capital case, on the contrary, agglomeration will not occur …
Persistent link: https://www.econbiz.de/10005067355
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No trade, one-way or two-way trade?
Okubo, Toshihiro; Picard, Pierre M; Thisse, … - C.E.P.R. Discussion Papers - 2010
likely when the economy gets more competitive. Finally once capital is mobile across countries, the market delivers an … outcome in which capital is too much concentrated in the large country. …
Persistent link: https://www.econbiz.de/10008784707
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The Environment and Directed Technical Change
Acemoglu, Daron; Aghion, Philippe; Bursztyn, Leonardo; … - C.E.P.R. Discussion Papers - 2011
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10009365645
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When Does Labor Scarcity Encourage Innovation?
Acemoglu, Daron - C.E.P.R. Discussion Papers - 2009
This paper studies the conditions under which the scarcity of a factor (in particular, labor) encourages technological progress and technology adoption. In standard endogenous growth models, which feature a strong scale effect, an increase in the supply of labor encourages technological...
Persistent link: https://www.econbiz.de/10005791910
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Why Europe has become environmentally cleaner: Decomposing the roles of fiscal, trade and environmental policies
López, Ramón; Palacios, Amparo - C.E.P.R. Discussion Papers - 2011
reducing nitrogen dioxide pollution but it has no effect on ozone and sulfur dioxide. …
Persistent link: https://www.econbiz.de/10009278172
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Economics and Climate Change: Integrated Assessment in a Multi-Region World
Hassler, John; Krusell, Per - C.E.P.R. Discussion Papers - 2012
This paper develops a model that integrates the climate and the global economy---an integrated assessment model---with which different policy scenarios can be analyzed and compared. The model is a dynamic stochastic general-equilibrium setup with a continuum of regions. Thus, it is a full...
Persistent link: https://www.econbiz.de/10011084727
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The Race for Polluting Permits
Brechet, Thierry; Peralta, Susana - C.E.P.R. Discussion Papers - 2007
International markets for tradable emission permits (TEP) co-exist with national energy taxation. A firm trading emission permits in the international market also pays energy taxes in its host country, thus creating an interaction between the international TEP-market and national energy taxes....
Persistent link: https://www.econbiz.de/10005666994
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Super-Additionality: A Neglected Force in Markets for Carbon Offsets
Bento, Antonio; Kanbur, Ravi; Leard, Benjamin - C.E.P.R. Discussion Papers - 2012
Climate change mitigation programs classify two types of carbon offsets: Additional and non-additional. Additional offsets are offsets that correspond to actual reductions in emissions. In contrast, non-additional offsets are offsets that do not correspond to emissions reductions. These offsets...
Persistent link: https://www.econbiz.de/10011083359
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Designing Carbon Taxation Schemes for Automobiles: A Simulation Exercise for Germany
Adamou, Adamos; Clerides, Sofronis; Zachariadis, Theodoros - C.E.P.R. Discussion Papers - 2012
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide in order to shift consumer purchases to low-carbon cars, yet little is known about the effectiveness and overall economic impact of these schemes. We focus on feebate schemes, which impose a fee on high-carbon...
Persistent link: https://www.econbiz.de/10011084619
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Agglomeration Economies, Taxable Rents, And Government Capture: Evidence From A Place-Based Policy
Brülhart, Marius; Simpson, Helen - C.E.P.R. Discussion Papers - 2015
We study how industry-level agglomeration economies affect government policy. Using administrative data on firm subsidies in economically lagging regions of Great Britain, we test two alternative hypotheses. Economic geography models imply that firms at an industry’s core can sustain higher...
Persistent link: https://www.econbiz.de/10011272712