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The role of fiscal instruments in environmental policy
Kosonen, Katri; Nicodème, Gae͏̈tan J.A. - 2009
Environmental protection is one of Europe's key values. The EU has set clear policy objectives to achieve its … environmental goals. The EU has favoured market-based instruments, among which fiscal instruments to tackle the climate change …
Persistent link: https://www.econbiz.de/10003871920
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European funds and green public procurement
Nicolas, Ruben; Titl, Vitezslav; Schotanus, Fredo - 2024
stimulate the sustainable economic development of EU Member States. The ESIF budget is about 90 billion euros annually and ESIF …
Persistent link: https://www.econbiz.de/10015045173
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Endogenous emission caps always induce a green paradox
Gerlagh, Reyer; Heijmans, Roweno; Rosendahl, Knut Einar - 2019
green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …
Persistent link: https://www.econbiz.de/10012105543
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Carbon motivated regional trade arrangements : analytics and simulations
Dong, Yan; Whalley, John - 2009
Persistent link: https://www.econbiz.de/10003835473
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Oil trade and climate policy : presented at CESifo Area Conference on Energy and Climate Economics, October 2014
Curuk, Malik; Sen, Suphi - 2015
It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
Persistent link: https://www.econbiz.de/10010498602
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Carbon prices are redundant in the 2030 EU climate and energy policy package
Aune, Finn Roar; Golombek, Rolf - 2018
In June 2018, an agreement between key EU institutions - the Commission, the European Parliament, and the European … Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a … comprehensive assessment of the EU package, with its three main targets: lower greenhouse gas emissions, higher renewable share in …
Persistent link: https://www.econbiz.de/10011933893
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Trust in government and fiscal adjustments
Bursian, Dirk; Weichenrieder, Alfons J.; Zimmer, Jochen - 2013
The paper looks at the determinants of fiscal adjustments as reflected in the primary surplus of countries. Our conjecture is that governments will usually find it more attractive to pursue fiscal adjustments in a situation of relatively high growth, but based on a simple stylized model of...
Persistent link: https://www.econbiz.de/10009764994
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Euro membership and fiscal reaction functions
Weichenrieder, Alfons J.; Zimmer, Jochen - 2013
The paper uses fiscal reaction functions for a panel of euro-area countries to investigate whether euro membership has reduced the responsiveness of countries to shocks in the level of inherited debt compared to the period prior to succession to the euro. While we find some evidence for such a...
Persistent link: https://www.econbiz.de/10009748386
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A surplus of ambition : can Europe rely on large primary surpluses to solve its debt problem?
Eichengreen, Barry; Panizza, Ugo - 2014
Persistent link: https://www.econbiz.de/10010393993
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Fiscal sustainability, fiscal reactions, pitfalls and determinants
Afonso, António; Coelho, José Carlos - 2022
We examine the sustainability of public finances and its determinants for 19 Eurozone countries from 1995 to 2020. We conclude for the existence of panel cointegration between government revenues and expenditures; primary government balance and one-period lagged public debt-to-GDP ratio; and...
Persistent link: https://www.econbiz.de/10013162289