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Emissions Trading with Profit-Neutral Permit Allocations

Hepburn, Cameron; Quah, John; Ritz, Robert A. - Department of Economics, Oxford University - 2008

This paper examines the operation of an emissions trading scheme (ETS) in a Cournot oligopoly. We study the impact of the ETS on industry output, price, costs, emissions, and profits. In particular, we develop formulae for the number of emissions permits that have to be freely allocated to...

Persistent link: https://www.econbiz.de/10011004312

Carbon leakage under incomplete environmental regulation: An industry-level approach

Ritz, Robert A. - Department of Economics, Oxford University - 2009

Carbon leakage is a major concern for policymakers involved with environmental initiatives such as the European Union's emissions trading scheme and similar cap-and-trade proposals in the United States, Australia, and elsewhere. This paper provides a framework for understanding the drives...

Persistent link: https://www.econbiz.de/10008495879

Emissions Trading and Profit-Neutral Grandfathering

Hepburn, Cameron; Quah, John; Ritz, Robert - Department of Economics, Oxford University - 2006

This paper examines the amount of grandfathering needed for an emissions trading scheme (ETS) to have a neutral impact on firm profits. We provide a simple formula to calculate profit-neutral grandfathering in a Cournot model with firms of different sizes and a general demand function. Using...

Persistent link: https://www.econbiz.de/10005090678

Memory and Anticipation: New Empirical Support for an Old Theory of the Utility Function

Knight, John; Gunatilaka, Ramani - Department of Economics, Oxford University - 2014

appropriate data set for China. The tests favour the early theories. Implications are drawn. …

Persistent link: https://www.econbiz.de/10011004132

Is the Dragon Learning to Fly? An Analysis of the Chinese Patent Explosion

Eberhardt, Markus; Helmers, Christian - Department of Economics, Oxford University - 2011

China and the United States. We construct a firm-level dataset by matching USPTO and SIPO patents to Chinese manufacturing … China are considerably younger, larger and substantially more export-oriented than firms patenting exclusively in China …. Our study contributes to the debate on China's innovative prowess and its potential to transition from an imitator to an …

Persistent link: https://www.econbiz.de/10011004142

Education and the Poverty Trap in Rural China

Knight, John; Shi, Li; Quheng, Deng - Department of Economics, Oxford University - 2008

generate a poverty trap. The setting is rural China, and the data are from a national household survey for 2002, designed with … research hypotheses in mind. Enrolment is high in rural China by comparison with most poor rural societies, but the quality of …

Persistent link: https://www.econbiz.de/10011004217

The Curious Case of Son Preference and Household Income in Rural China

Knight, John; Shi, Li; Quheng, Deng - Department of Economics, Oxford University - 2008

there is strong son preference in rural China, we postulate two main hypotheses: income-based sex selection making it more …, this is the first study to test these hypotheses in rural China and more generally in developing countries. …

Persistent link: https://www.econbiz.de/10011004464

Intra-National Protectionism in China: Evidence from the Public Disclosure of 'Illegal' Drug Advertising

Eberhardt, Markus; Wang, Zheng; Yu, Zhihong - Department of Economics, Oxford University - 2013

This paper provides micro-level evidence that drug advertising regulations and inspections in China are used by local … inherent in a partially reformed economy such as China. …

Persistent link: https://www.econbiz.de/10011004477

China as a Developmental State

Knight, John - Department of Economics, Oxford University - 2012

The paper examines the notion of a 'developmental state' and shows that China possesses the characteristics of a … developmental state. It explains the political economy which generated such a state in China and in some other economies. It … the question: can China's developmental state be sustained? Conclusions are drawn for both China and other developing …

Persistent link: https://www.econbiz.de/10011004485

Why has China grown so fast?Â The role of international technology transfer

Yueh, Linda; Yueh, Linda; Reenen, John Van - Department of Economics, Oxford University - 2012

component. We estimate that without International joint ventures China's growth would have been about one percentage point …

Persistent link: https://www.econbiz.de/10009650769