This paper examines the relative merits of two dominant economic instruments for reducing pollution—”green” taxes and … other. In practice, however, most countries have relied more on taxes than on permits to control pollution. The analysis …

sector and that its rapid growth is now mostly driven by China. Our econometric results suggest that green investment is …

reductions in net carbon emissions; technological innovation, and increased energy security. The latter part of the paper centers … justified, relative to other means to increase energy security and reduce carbon emissions. We also find an excessive emphasis …

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in … pollution at coal plants and, in some cases, reductions in automobile externalities (net of fuel taxes/subsidies). Pricing co …-benefits reduces CO2 emissions from the top twenty emitters by 13.5 percent (a 10.8 percent reduction in global emissions). However, co …

This paper analyzes spillovers from macroeconomic shocks in systemic economies (China, the Euro Area, and the United … Cooperation Council (GCC) countries and MENA oil exporters to the rest of the world. This analysis is based on a Global Vector … developments in China than to shocks in the Euro Area or the United States, in line with the direction of evolving trade patterns …