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The Monopolistic Polluter Under Environmental Liability Law : Incentives for Abatement and R&D
Endres, Alfred - 2013
This paper analyzes the output, abatement, and investment decisions made by a monopolistic polluter under environmental liability law. The model applied considers both integrated and end-of-pipe abatement technologies. We find that in the case of fixed technology, in many instances negligence...
Persistent link: https://www.econbiz.de/10013092076
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The Energy Efficiency Rebound Effect in General Equilibrium
Böhringer, Christoph - 2018
We develop a stylized general equilibrium model to decompose the rebound effect of energy efficiency improvements into its partial and general equilibrium components. In our theoretical analysis, we identify key drivers of the general equilibrium rebound effect, including a composition channel,...
Persistent link: https://www.econbiz.de/10012912684
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Incentives for Environmental R&D
Greaker, Mads; Hoel, Michael - 2021
be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R …&D may be lower than the incentives for market goods R&D. This in turn may be used as an argument for environmental R …&D getting more public support than other R&D. In this paper we systematically compare the incentives for environmental R&D with …
Persistent link: https://www.econbiz.de/10013316012
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The Carbon-Budget Approach to Climate Stabilization : Cost-Effective Subglobal Versus Global Action
Eichner, Thomas - 2010
Scientific expertise suggests that mitigating extreme world-wide climate change damages requires avoiding increases in the world mean temperature exceeding 2° Celsius. To achieve the two degree target, the cumulated global emissions must not exceed some limit, the so-called global carbon...
Persistent link: https://www.econbiz.de/10013136281
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Optimal Taxation of Externalities Interacting Through Markets : A Theoretical General Equilibrium Analysis
Ren, Xiaolin; Fullerton, Don; Braden, John B. - 2021
This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...
Persistent link: https://www.econbiz.de/10013316127
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Computation of Business-Cycle Models with the Generalized Schur Method
Heer, Burkhard - 2009
We describe an algorithm that is able to compute the solution of a singular linear difference system under rational expectations. The algorithm uses the Generalized Schur Factorization and is illustrated by a simple example
Persistent link: https://www.econbiz.de/10013153227
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How Large is the Corporate Tax Base Erosion and Profit Shifting? A General Equilibrium Approach
Alvarez-Martinez, Maria - 2018
This paper estimates the size and macroeconomic effects of base erosion and profit shifting (BEPS) using a computable general equilibrium model designed for corporate taxation and multinationals. Our central estimate of the impact of BEPS on corporate tax losses for the EU amounts to €36...
Persistent link: https://www.econbiz.de/10012924347
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Modeling Russia for Climate Change Issues
Bayar, Ali H.; Dramais, Frederic; Mohora, Cristina; … - 2021
This paper presents the dynamic multi-sector general equilibrium model for the Russian Federation (RusMod) and carbon emission projections for Russia up to 2020. Projection results emphasise the importance of accomplishing strong energy efficiency gains, and their effect on the economy and on...
Persistent link: https://www.econbiz.de/10013316237
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Carbon Tariffs Revisited
Boehringer, Christoph - 2014
Concerns about adverse impacts on domestic energy-intensive and trade-exposed (EITE) industries are at the fore of the political debate about unilateral climate policies. Tariffs on the carbon embodied in imported goods from countries without emission pricing appeal as a measure to reduce carbon...
Persistent link: https://www.econbiz.de/10013055363
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The Strategic Value of Carbon Tariffs
Böhringer, Christoph; Carbone, Jared C.; Rutherford, … - 2021
Unilateral carbon policies are inefficient due to the fact that they generally involve emission reductions in countries with high marginal abatement costs and because they are subject to carbon leakage. In this paper, we ask whether the use of carbon tariffs — tariffs on the carbon embodied in...
Persistent link: https://www.econbiz.de/10013315684