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On the Estimation and Forecasting of International Migration: How Relevant Is Heterogeneity Across Countries?
Brücker, Herbert; Siliverstovs, Boriss - Institute for the Study of Labor (IZA) - 2005
This paper performs a comparative analysis of estimation as well as of out-of-sample forecasting results of more than … estimates of the migration function. Out-of-sample forecasting results indicate the following: (i) the standard fixed effects … variables estimators, (iv) forecasting performance of heterogenous estimators is mediocre in our data set. …
Persistent link: https://www.econbiz.de/10005703752
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Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures
Habermacher, Florian; Kirchgässner, Gebhard - CESifo - 2011
The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future technological or political measures against global warming may be implemented. In assessments of a current climate policy the possibility of medium-term future developments like...
Persistent link: https://www.econbiz.de/10008914276
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The Supply Side of CO2 with Country Heterogeneity
Hoel, Michael - CESifo - 2011
Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However,...
Persistent link: https://www.econbiz.de/10008914283
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Unintended Detrimental Effects of Environmental Policy: The Green Paradox and Beyond
Werf, Edwin van der; Maria, Corrado Di - CESifo - 2011
Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing under what conditions this so-called ‘Green Paradox’ may occur. We review this literature and identify the key mechanisms behind...
Persistent link: https://www.econbiz.de/10009024839
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Is there a Green Paradox?
Hoel, Michael - CESifo - 2010
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10008671724
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UK Natural Gas: Gas-Specific or Oil Driven Pricing?
Asche, Frank; Oglend, Atle; Osmundsen, Petter - CESifo - 2013
In this paper we investigate the time-varying relationship between oil and natural gas in the UK. We develop a model where relative prices can move between pricing-regimes; markets switch between being decoupled and integrated. Our model endogenously accounts for periods where oil and natural...
Persistent link: https://www.econbiz.de/10010721610
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Unconventional Gas and the European Union: Prospects and Challenges for Competitiveness
Vollebergh, Herman R. J.; Drissen, Eric - CESifo - 2014
This article studies the likely impact of unconventional gas developments in the U.S. on EU competitiveness. We find, first of all, little evidence for a prosperous unconventional gas development in Europe. Second, the U.S. boom has already a strong impact on both world and European energy...
Persistent link: https://www.econbiz.de/10010948880
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International Trade and its Effects on Economic Growth in China
Sun, Peng; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2010
the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …
Persistent link: https://www.econbiz.de/10008611315
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Firm-level Productivity Spillovers in China's Chemical Industry: A Spatial Hausman-Taylor Approach
Baltagi, Badi H.; Egger, Peter; Kesina, Michaela - CESifo - 2014
This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the chemical industry. We use a rich panel data-set of 12,552 firms observed over the period 2004-2006 and model output by the firm as a function of skilled and unskilled labor,...
Persistent link: https://www.econbiz.de/10011097946
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Sources of Productivity Spillovers: Panel Data Evidence from China
Baltagi, Badi H.; Egger, Peter; Kesina, Michaela - CESifo - 2014
This paper assesses sources of productivity spillovers in China’s electric and electronic manufacturing industry using …
Persistent link: https://www.econbiz.de/10010877809