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European funds and green public procurement
Nicolas, Ruben; Titl, Vitezslav; Schotanus, Fredo - 2024
The European Commission co-funds public projects through the European Structural and Investment Funds (ESIF) to stimulate the sustainable economic development of EU Member States. The ESIF budget is about 90 billion euros annually and ESIF beneficiaries are explicitly encouraged to increase...
Persistent link: https://www.econbiz.de/10015045173
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The increasing cost of buying American
Bombardini, Matilde; Gonzalez Lira, Andres; Li, Bingjing; … - 2024
The latest resurgence in the U.S. of policies aimed at reducing imports and bolstering domestic production has included the expansion of Buy American provisions. While some of these are new and untested, in this paper we evaluate long-standing procurement limitations on the purchase of foreign...
Persistent link: https://www.econbiz.de/10015065301
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The impact of German public support transfers on firm finance : evidence from the Covid-19 crisis
Gärtner, Leo; Marek, Philipp - 2022
The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of transfers, we investigate the effect of German emergency aid transfers (November-December aid), a program designed for...
Persistent link: https://www.econbiz.de/10013205580
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The effect of discretion on procurement performance
Coviello, Decio; Guglielmo, Andrea; Spagnolo, Giancarlo - 2016
Persistent link: https://www.econbiz.de/10011475647
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Rules vs. discretion in cap-and-trade programs : evidence from the EU emission trading system
Friedrich, Marina; Fries, Sébastien; Pahle, Michael; … - 2020
Long-term commitment is crucial for the dynamic efficiency of intertemporal cap-and-trade programs. Discretionary interventions in such programs could destabilize the market, and necessitate subsequent corrective interventions that instigate regulatory instability (Kydland and Prescott, 1977)....
Persistent link: https://www.econbiz.de/10012300320
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Tax-co-ordination in Europe : assessing the first years of the EU-savings taxation directive
Hemmelgarn, Thomas; Nicodème, Gae͏̈tan J.A. - 2009
This paper reviews the economic effects of the EU Savings Taxation Directive. The Directive aims at enabling taxation of foreign interest payments received by individuals in accordance with the rules of their State of residence. The data suggest that the Directive, which is based on automatic...
Persistent link: https://www.econbiz.de/10003861869
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The Brexit vote, productivity growth and macroeconomic adjustments in the United Kingdom
Broadbent, Ben; Di Pace, Federico; Drechsel, Thomas; … - 2019
The UK economy has experienced significant macroeconomic adjustments following the 2016 referendum on its withdrawal from the European Union. This paper develops and estimates a small open economy model with tradable and non-tradable sectors to characterise these adjustments. We demonstrate that...
Persistent link: https://www.econbiz.de/10012055479
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Environmental policy design and the fragmentation of international markets for innovation
Johnstone, Nick; Hascic, Ivan - 2009
environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of … aspects of product and labour market regulation which have implications for technological innovation, such as product and … workplace safety. -- environmental policy ; market fragmentation ; innovation : technology transfer …
Persistent link: https://www.econbiz.de/10003850134
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Relative prices and climate policy : how the scarcity of non-market goods drives policy evaluation
Drupp, Moritz A.; Hänsel, Martin C. - 2020
Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods, such as environmental amenities. We study fundamental drivers of the resulting relative price changes, their potential magnitude, and their implications for climate policy in...
Persistent link: https://www.econbiz.de/10012154637
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Cutting too close? : design protection and innovation in fashion goods
Hackett, Petal Jean - 2012
Continued lobbying by high-end, American designers for intellectual property-type fashion design protection has culminated in the proposed Innovative Design Protection and Piracy Prevention Act, intended to introduce EU standards. Using a sequential, 2-firm, vertical differentiation framework,...
Persistent link: https://www.econbiz.de/10009488919