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Illegal Trade in the Iranian Economy: Evidence from a Structural Model

Farzanegan, Mohammad Reza - CESifo - 2008

index of smuggling in Iran from 1970 to 2002. The Multiple Indicators - Multiple Causes (MIMIC) econometric modelling is … incentives for illegal trade. More trade openness accompanies more illegal trade for the case of Iran. On average, the relative … size of smuggling is about 13% of the total trade in Iran. The absolute amount of smuggling per year is about $3 billion. …

Persistent link: https://www.econbiz.de/10005181341

Political Institutions and Government Spending Behavior in Iran

Dizaji, Sajjad Faraji; Farzanegan, Mohammad Reza - CESifo - 2014

development of government spending in major sections shapes the political institutions in Iran. This question has become … especially important due to recent international sanctions, aiming to change the political behavior of Iran. We use the impulse … provision spending in Iran. The results imply that a shock in positive changes of democratic quality of institutions leads to …

Persistent link: https://www.econbiz.de/10010739347

Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis

Farzanegan, Mohammad Reza; Habibpour, Mohammad - CESifo - 2014

subsequent taxation in Iran. We use rich micro survey data covering more than 36,000 Iranian households in 2009. Our micro …

Persistent link: https://www.econbiz.de/10010781552

A Ricardian Analysis of the Impact of Climate Change on European Agriculture

Passel, Steven Van; Massetti, Emanuele; Mendelsohn, Robert - CESifo - 2014

This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...

Persistent link: https://www.econbiz.de/10010877673

The Green Paradox in Open Economies

Long, Ngo Van - CESifo - 2014

This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international...

Persistent link: https://www.econbiz.de/10010877704

Investment Policy for Time-Inconsistent Discounters

Harstad, Bård - CESifo - 2013

This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...

Persistent link: https://www.econbiz.de/10010877709

Explosive Oil Prices

Gronwald, Marc - CESifo - 2013

This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...

Persistent link: https://www.econbiz.de/10010877773

Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...

Persistent link: https://www.econbiz.de/10010948833

Simultaneous Supplies of Dirty and Green Fuels with Capacity Constraint: Is there a Green Paradox?

Gronwald, Marc; Long, Ngo Van; Röpke, Luise - CESifo - 2013

This paper contributes to the green paradox literature by using a resource extraction framework with heterogeneous energy sources. A key feature of the model is a capacity constrained green backstop resource, which implies the simultaneous use of the expensive backstop resource and the cheaper...

Persistent link: https://www.econbiz.de/10010948844

Modeling Damages in Climate Policy Models: Temperature-Based or Carbon-Based?

Mason, Charles F.; Wilmot, Neil - CESifo - 2015

Economists have analyzed potential for damages from climate change from theoretical analyses and with Integrated Assessment Models (IAMs). Analytical models typically write damages as a function of the carbon stock, while IAMs typically view damages as based on temperatures. In this paper, we...

Persistent link: https://www.econbiz.de/10011212071