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Transboundary pollution control with both production and consumption emissions

Haruna, Shoji; Goel, Rajeev K. - 2023

This paper adds to the literature on transboundary pollution by considering pollution related to both production and … transboundary pollution to analyze the effects of trade liberalization on economic performance under two types of pollution. Our … pollution is considered. When trade liberalization policy is mutually implemented, consumer surplus and social environmental …

Persistent link: https://www.econbiz.de/10014366060

Trade and the environment : the role of firm heterogeneity

Kreickemeier, Udo; Richter, Philipp M. - 2012

This paper derives a new effect of trade liberalisation on the quality of the environment. We show that in the presence of heterogeneous firms the aggregate volume of emissions is influenced not only by the long-established scale effect, but also by a reallocation effect resulting from an...

Persistent link: https://www.econbiz.de/10009570712

Why are firms that export cleaner? : international trade and CO2 emissions

Forslid, Rikard; Okubo, Toshihiro; Ulltveit-Moe, Karen … - 2014 - This version: May 2014

This paper develops a model of trade and CO2 emissions with heterogenous firms, where firms make abatement investments and thereby have an impact on their level of emissions. The model shows that investments in abatements are positively related to firm productivity and firm exports. Emission...

Persistent link: https://www.econbiz.de/10010358267

Trade and the environment : new methods, measurements, and results

Cherniwchan, Jevan; Copeland, Brian Richard; Taylor, … - 2016

We review recent research linking international trade to the environment, with a focus on new results and methods. The review is given structure by a novel decomposition linking changes in emissions to changes in productive activity at the plant, firm, industry, and national levels. While some...

Persistent link: https://www.econbiz.de/10011544125

Unraveling firms : demand, productivity and markups heterogeneity

Forlani, Emanuele; Martin, Ralf; Mion, Giordano; Muls, … - 2016 - First draft: 16th June 2015. This draft: January 15, 2016

We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. We do this by systematically exploiting assumptions that are implicit in previous firm-level productivity...

Persistent link: https://www.econbiz.de/10011417711

Sources of productivity spillovers : panel data evidence from China

Baltagi, Badi H.; Egger, Peter; Kesina, Michaela - 2014

This paper assesses sources of productivity spillovers in China's electric and electronic manufacturing industry using a rich panel data-set of 25,360 firms observed over the period 2004-2007. This industry is characterized by its important reliance on technology. In particular, the paper...

Persistent link: https://www.econbiz.de/10010356360

Growth expectations, undue optimism, and short-run fluctuations

Enders, Zeno; Kleemann, Michael; Müller, Gernot J. - 2013

We assess the contribution of "undue optimism" (Pigou) to short-run fluctuations. In our analysis, optimism pertains to total factor productivity which determines economic activity in the long run, but is not contemporaneously observed by market participants. In order to recover optimism shocks...

Persistent link: https://www.econbiz.de/10010224834

Firm-level productivity spillovers in China's chemical industry : a spatial Hausman-Taylor approach

Baltagi, Badi H.; Egger, Peter; Kesina, Michaela - 2014

This paper assesses the role of intra-sectoral spillovers in total factor productivity across Chinese producers in the chemical industry. We use a rich panel data-set of 12,552 firms observed over the period 2004 - 2006 and model output by the firm as a function of skilled and unskilled labor,...

Persistent link: https://www.econbiz.de/10010461261

Firm heterogeneity, capital misallocation and optimal monetary policy

González, Beatriz; Nuño, Galo; Thaler, Dominik; … - 2021

We analyze monetary policy in a New Keynesian model with heterogeneous firms and financial frictions. Firms differ in their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends on the time-varying distribution of firms. Although a...

Persistent link: https://www.econbiz.de/10012697125

Productivity, place, and plants : revisiting the measurement

Schoefer, Benjamin; Ziv, Oren - 2021

Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size, combined with finite plant counts. As a result, economies...

Persistent link: https://www.econbiz.de/10012418448

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