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In this paper, we compare the economic and welfare implications of two carbon pricing policies, namely the European Cap and Trade (CaT) regime and the Chinese Tradeable Performance Standard (TPS). The former sets an economy-wide emissions target and forces firms to purchase sufficient...
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construct a unique micro dataset that merged two rich firm-level datasets for China for 2007. When combining this new dataset … efforts compared to non-exporters. This study complements the literature in terms of providing China's micro evidence on SO2 …
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production sectors, bilateral climate policies, asymmetric economies, and asymmetric stochastic shocks, using China and the EU as … both China's and the EU's emission quotas should be adjusted pro-cyclically under separate carbon markets. The cross …
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The extent to which push and pull factors affect international capital flows is widely debated. We contribute to this strand of literature by estimating the relative importance of push and pull factors for portfolio flows over a time span, encompassing the global financial crisis, the European...
Persistent link: https://www.econbiz.de/10012876155