technologies are likely to be postponed due to the peculiar characteristics of emission allowance prices. Furthermore, this price …

find that prices have a negative impact on transitions in the sense that an increase in the brand price will reduce the … transition from generics to brand and likewise an increase in the generic price will reduce the transition from brand to generics …

efficient firms are active. This is likely to lead to price increases, rather than decreases. …

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand …

natural policy experiment in Norway, to what extent the price responsiveness of prescription choices is affected when the … structural model for the three drugs, covering demand and price setting, is estimated in a joint maximum likelihood approach. We …

This paper is concerned with carbon price volatility and the underlying causes of large price movements in the European …. The jump-GARCH model explains the unsteady carbon price movement well and, moreover, shows that between 40 and 60 percent … of the carbon price variance are triggered by jumps. Information regarding EUA supply and news from international carbon …

In this paper we show that price equalization alone is not sufficient to determine the barriers to international trade …. There are many barrier combinations that deliver price equalization, but each combination implies a different volume of … goods will deliver price equalization in capital goods, but cannot reproduce the observed trade flows. -- international …