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Stranded Fossil Fuel Reserves and Firm Value
Atanasova, Christina - 2019
Do capital markets reflect the possibility that fossil fuel reserves may become "stranded assets" in the transition to a low carbon economy? We examine the relation between oil firms' value and their proved reserves. Using a sample of 679 North American oil firms for the period 1999 to 2018, we...
Persistent link: https://www.econbiz.de/10012480440
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The Global Energy Outlook
Newell, Richard G. - 2013
We explore the principal trends that are shaping the future landscape of energy supply, demand, and trade. We take a long-term view, assessing trends on the time scale of a generation by looking 25 years into the past, taking stock of the current situation, and projecting 25 years into the...
Persistent link: https://www.econbiz.de/10012459695
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Global Transportation Decarbonization
Rapson, David S.; Muehlegger, Erich - National Bureau of Economic Research - 2023
countries, it will face steep obstacles. In other sectors and in the developing world, it's not even in pole position. Global …
Persistent link: https://www.econbiz.de/10014322899
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Will the Paris Accord Accelerate Climate Change?
Kotlikoff, Laurence J. - 2016
Finally we question the standard use of infinitely-lived, single-agent models, which assume, unrealistically, intergenerational altruism in determining optimal abatement policy. Their prescriptions can differ, potentially dramatically, from those needed to correct the negative climate...
Persistent link: https://www.econbiz.de/10012455949
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Subsidy Agreements
Bagwell, Kyle - 2004
International disputes over subsidies are increasingly disrupting the world trading system. The creation of the WTO was … rules with the creation of the WTO. Our results suggest that, although GATT subsidy rules were typically viewed as weak and … inadequate while the WTO subsidy rules are seen as representing a significant strengthening of multilateral disciplines on …
Persistent link: https://www.econbiz.de/10012468402
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Detection and Impact of Industrial Subsidies : The Case of World Shipbuilding
Kalouptsidi, Myrto - 2014
strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having … subsidies led to substantial reallocation of ship production across the world, with Japan, in particular, losing significant …
Persistent link: https://www.econbiz.de/10012458547
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The Economic Cost of Global Fuel Subsidies
Davis, Lucas W. - 2013
the latest available data from the World Bank, finding that road-sector subsidies for gasoline and diesel totaled $110 …
Persistent link: https://www.econbiz.de/10012458927
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Payment for Environmental Services : Hypotheses and Evidence
Alston, Lee J. - 2013
The use of Payment for Environmental Services (PES) is not a new type of contract but they have become more in vogue because of the potential for sequestering carbon by paying to prevent deforestation and degradation of forest lands. We provide a framework utilizing transaction costs to...
Persistent link: https://www.econbiz.de/10012459922
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The Environmental Cost of Global Fuel Subsidies
Davis, Lucas W. - 2016
quantifies the external costs of global fuel subsidies using the latest available data and estimates from the World Bank and …
Persistent link: https://www.econbiz.de/10012456569
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Fiscal Stimulus and Commercial Bank Lending Under COVID-19
Aizenman, Joshua; Jinjarak, Yothin; Spiegel, Mark - National Bureau of Economic Research - 2022
We investigate the implications of extra-normal government spending under the COVID-19 pandemic for commercial bank lending growth between 2019Q4 and 2020Q4 in a large sample of over 3000 banks from 71 countries. We control for pre-pandemic structural factors, bank characteristics and government...
Persistent link: https://www.econbiz.de/10013172181