Showing 1 - 10 of 21
Our paper deals with the welfare and employment effects of green tax reforms. In the first part we develop a flexible … emission quotas and quantify welfare and employment effects. He or she can choose between different model variants, e. g …ur paper deals with the welfare and employment effects of green tax reforms. In the first part we develop a flexible …
Persistent link: https://www.econbiz.de/10013428403
Persistent link: https://www.econbiz.de/10012818352
We investigate the misappropriation of R&D subsidies and evaluate its consequences for policy effectiveness. Using Chinese firm-level data for 2001-2011, we identify that 42% of grantees misused R&D subsidies, accounting for 53% of total R&D subsidies. Misappropriation leads to a substantial...
Persistent link: https://www.econbiz.de/10013175474
In evaluating the effectiveness of R&D subsidies, the literature has focused on potential crowding out effects, while the possibility of misappropriation of public funds that results from moral hazard behavior has been completely neglected. This study develops a theoretical framework with which...
Persistent link: https://www.econbiz.de/10012661468
Persistent link: https://www.econbiz.de/10013428481
Ten years after the initial Climate Change Convention from Rio in 1992, the developed world is likely to ratify the Kyoto Protocol which has been celebrated as a milestone in climate protection. Standard economic theory, however, casts doubt that Kyoto will go beyond symbolic policy. In this...
Persistent link: https://www.econbiz.de/10001657230
Persistent link: https://www.econbiz.de/10001747114
and on additional innovation and economic activities in Chinese provinces. A panel vector autoregressive (VAR) model and …
Persistent link: https://www.econbiz.de/10012105422
We analyze the economic effects of the differentiated targets for carbon abatement in six European Union member states. Our recursively-dynamic model includes a detailed representation of trade and energy consumption and incorporates optimistic projections for future energy markets provided by...
Persistent link: https://www.econbiz.de/10013428208