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Does a Renewable Fuel Standard for Biofuels Reduce Climate Costs?

Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - CESifo - 2012

Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard. Opposed to most previous studies we...

Persistent link: https://www.econbiz.de/10010598913

Optimal Taxation of Externalities Interacting through Markets: A Theoretical General Equilibrium Analysis

Ren, Xiaolin; Fullerton, Don; Braden, John B. - CESifo - 2010

This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...

Persistent link: https://www.econbiz.de/10008799724

Technological Regimes in the Brazilian Manufacturing Industry: An Empirical Investigation

Vieira, Vinicius; Resende, Marcelo - CESifo - 2013

The paper aims at assessing technological regimes in the context of the Brazilian manufacturing industry along the 2000-2005 period. The industries were classified in terms of SM-I and SM-II technological regimes by means of multivariate statistical methods based on variable approximating...

Persistent link: https://www.econbiz.de/10010608712

The Deepening China Brazil Economic Relationship

Whalley, John; Medianu, Dana - CESifo - 2010

We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil …’s largest export market while Brazil’s export share to the US has halved. The number of bilateral cooperation agreements between …

Persistent link: https://www.econbiz.de/10008833874

The Extensive Margin of Exporting Products: A Firm-level Analysis

Arkolakis, Costas; Muendler, Marc-Andreas - CESifo - 2010

We use a panel of Brazilian exporters, their products, and destination markets to document a set of regularities for multi-product exporters: (i) few top-selling products account for the bulk of a firm’s exports in a market, (ii) the distribution of exporter scope (the number of products per...

Persistent link: https://www.econbiz.de/10008833907

The Structure of Worker Compensation in Brazil, with a Comparison to France and the United States

Filho, Naércio Aquino Menezes; Muendler, Marc-Andreas; … - CESifo - 2006

We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare … selectivity of Brazilian workers into formal employment. The links between firm performance and wage components in Brazil resemble …

Persistent link: https://www.econbiz.de/10005766015

Temporary Employment, Job Flows and Productivity: A Tale of two Reforms

Cappellari, Lorenzo; Dell'Aringa, Carlo; Leonardi, Marco - CESifo - 2011

productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favour of permanent ones and reduced capital intensity, generating productivity losses. We …

Persistent link: https://www.econbiz.de/10009221556

Does China Still Have a Labor Cost Advantage?

Ceglowski, Janet; Golub, Stephen - CESifo - 2011

In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs...

Persistent link: https://www.econbiz.de/10009323303

Credit Constraints, Quality, and Export Prices: Theory and Evidence from China

Fan, Haichao; Lai, Edwin L.-C.; Li, Yao Amber - CESifo - 2013

This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakis’s (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...

Persistent link: https://www.econbiz.de/10010690383

Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study

Ristuccia, Cristiano Andrea; Solomou, Solomos - CESifo - 2014

Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …

Persistent link: https://www.econbiz.de/10010748306