Graevenitz, Kathrine von; Rottner, Elisa; Richter, … - 2023
differences between Germany and other EU countries which affect the shadow price of carbon emissions. We calibrate a Melitz …-type model, extended by firms’ emissions and abatement decisions using data on aggregate output, trade and emissions. The … how regulatory stringency evolved in the EU and Germany in terms of an implicit carbon price paid on emissions. This price …