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their allocative effects. Most repercussions can be expected to stem from the effects on the world markets for fossil fuel … scenario are to a large degree determined by its effects on world energy demand and world energy prices. Both findings imply … interaction between the permit market and the world energy markets. …
Persistent link: https://www.econbiz.de/10008610856
Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...
Persistent link: https://www.econbiz.de/10008520119
After the conferences in Bonn and Marrakech it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios do not only differ...
Persistent link: https://www.econbiz.de/10008520287
The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...
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Die Herausforderungen, die die Globalisierung an den Standort Deutschland stellt, haben in der öffentlichen und … wirtschaftspolitischen Diskussion vielfältige Ängste ausgelöst. Vor allem wird befürchtet, dass die Globalisierung von Märkten, die sich in … Globalisierung von Unternehmensstrukturen, die ihren Ausdruck in einer dynamischen Entwicklung der ausländischen Direktinvestitionen …
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