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Carbon Leakage and Capacity-Based Allocations. Is the EU right?
Meunier, Guy; Ponssard, Jean-Pierre; Quirion, Philippe - CESifo - 2012
Two main approaches have been implemented in regional CO2 markets to address competitiveness and carbon leakage: output based allocation (Australia, California, New Zealand) and capacity based allocation (EU). This paper characterizes the best policy, given that auctioning with border adjustment...
Persistent link: https://www.econbiz.de/10010877645
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Inequality and Relative Reliance on Tariffs: Theory and Evidence
Katsimi, Margarita; Moutos, Thomas - CESifo - 2005
In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in addition to income taxes) have distributional consequences...
Persistent link: https://www.econbiz.de/10005196297
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Universal Intellectual Property Rights: Too Much of a Good Thing?
Auriol, Emmanuelle; Biancini, Sara; Paillacar, Rodrigo - CESifo - 2013
This paper studies the incentives that developing countries have to protect intellectual properties rights (IPR). On the one hand, free-riding on rich countries technology reduces their investment cost in R&D. On the other hand, firm that violates IPR cannot legally export in a country that...
Persistent link: https://www.econbiz.de/10010670798
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Strategic Supply Function Competition with Private Information
Vives, Xavier - CESifo - 2009
A finite number of sellers (n) compete in schedules to supply an elastic demand. The costs of the sellers have uncertain common and private value components and there is no exogenous noise in the system. A Bayesian supply function equilibrium is characterized; the equilibrium is privately...
Persistent link: https://www.econbiz.de/10008534061
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Taxes versus Cap-and-Trade in Climate Policy when only some Fuel Importers Abate
Strand, Jon - CESifo - 2010
I study climate policy choices for a “policy bloc” of fuel-importers, when a “fringe” of other fuel importers have no climate policy, fuel exporters consume no fossil fuels, and importers produce no such fuels. The policy bloc and exporter blocs act strategically in fossil fuel markets....
Persistent link: https://www.econbiz.de/10008727280
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China's Pure Exporter Subsidies
Defever, Fabrice; Riaño, Alejandro - CESifo - 2012
heterogeneous-firm model in which firms exporting all their output receive an ad-valorem sales subsidy. Using microdata on … of our model. Embedding a pure-exporter subsidy in a two-country general equilibrium environment, we show that this … instrument is worse from a welfare standpoint than a standard export subsidy, partly because it increases protection of the …
Persistent link: https://www.econbiz.de/10010877954
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Gone for Good? Subsidies with Export Share Requirements in China: 2002-2013
Defever, Fabrice; Riaño, Alejandro - CESifo - 2014
6.9% reduction in the ad-valorem subsidy rate available to firms that export all their output is consistent with the …
Persistent link: https://www.econbiz.de/10010877965
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Antidumping as Strategic Trade Policy Under Asymmetric Information
Matschke, Xenia; Schöttner, Anja - CESifo - 2009
This paper investigates the domestic government’s antidumping duty choice in an asymmetric information framework where the foreign firm’s cost is observed by the domestic firm, but not by the government. To induce truthful revelation, the government can design a tariff schedule, contingent...
Persistent link: https://www.econbiz.de/10005181414
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Investment Policy for Time-Inconsistent Discounters
Harstad, Bård - CESifo - 2013
-hyperbolic discounting, the optimal subsidy is unrelated to this level. With discount rates that are strictly decreasing in relative time …
Persistent link: https://www.econbiz.de/10010877709
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The Cost of Environmental Policy under Induced Technical Change
Smulders, Sjak; Maria, Corrado Di - CESifo - 2012
Conventional wisdom argues that environmental policy is less costly if environmental policy induces the development of cleaner technologies. In contrast to this argument, we show that the cost of environmental policy (a reduction in emissions) may be larger with induced technical change than...
Persistent link: https://www.econbiz.de/10010877754