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Corruption, Growth, and the Environment : A Cross-Country Analysis
Welsch, Heinz - 2003
The relationship between per capita income and a number of pollution indicators has been found to display an inverted U …-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given …. Using cross section data for several indicators of pollution, the paper estimates the direct and the indirect effect of …
Persistent link: https://www.econbiz.de/10010260691
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Long-term impacts of environmental policy and eco-innovative activities of firms
Rennings, Klaus; Rexhäuser, Sascha - 2010
This paper analyses two aspects of environmental regulations triggered by ecoinnovations. First, whether there are long term effects of regulation on innovation. Second, whether the impact of different types of regulation differ by type of the environmental benefit of the innovations. To answer...
Persistent link: https://www.econbiz.de/10010302594
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Umweltpolitik und Innovation: Grundlegende Begriffe und Zusammenhänge
Hemmelskamp, Jens - 1996
Im Rückgriff auf die Innovationsforschung wird ein Ansatz für eine gemeinsame Sprache und eine konsistente Systematik für Innovationen im Umweltbereich entwickelt. Dazu werden einige allgemeine Begriffsdefinitionen der Innovationsforschung erläutert, der Begriff Umweltinnovation eingeführt...
Persistent link: https://www.econbiz.de/10010299602
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How to Turn an Industry Green: Taxes versus Subsidies
Dröge, Susanne; Schröder, Philipp J. H. - 2003
Environmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets the green sector may be subsidised or the dirty sector be taxed. This paper shows that in a monopolistic competition setting the two policy instruments have different...
Persistent link: https://www.econbiz.de/10010276549
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Evaluating environmental programs: the perspective of modern evaluation research
Frondel, Manuel; Schmidt, Christoph M. - 2001
Large-scale environmental programs generally commit substantial societal resources, making the evaluation of their actual effects on the relevant outcomes imperative. As the example of the subsidization of energy-saving appliances illustrates, much of the applied environmental economics...
Persistent link: https://www.econbiz.de/10010297796
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De-fueling externalities: How tax salience and fuel substitution mediate climate and health benefits
Basaglia, Pier; Behr, Sophie M.; Drupp, Moritz A. - 2023
This paper provides a comprehensive evaluation of the world's largest environmental tax reform. We compare carbon and air pollutant emissions of the German transport sector and synthetic counterfactuals following the 1999 eco-tax reform, and find average reductions in external damages of around...
Persistent link: https://www.econbiz.de/10014637019
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The EMU Consolidation Game - or: Does 3.0 Really Mean 3.0?
Heinemann, Friedrich - 1998
Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...
Persistent link: https://www.econbiz.de/10010297571
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Grade Inflation, Social Background, and Labour Market Matching
Schwager, Robert - 2008
A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...
Persistent link: https://www.econbiz.de/10010298081
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An information economics perspective on main bank relationships and firm R&D
Hoewer, Daniel; Schmidt, Tobias; Sofka, Wolfgang - 2011
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10010306611
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Estimating persistence in the volatility of asset returns with signal plus noise models
Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2010
This paper examines the degree of persistence in the volatility of financial time series using a Long Memory Stochastic Volatility (LMSV) model. Specifically, it employs a Gaussian semiparametric (or local Whittle) estimator of the memory parameter, based on the frequency domain, proposed by...
Persistent link: https://www.econbiz.de/10010271356