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This paper investigates the apparent paradox of the mid 2000’s sharp reduction in the deforestation of the Brazilian Amazon that happened alongside fast growing commodity markets. Particular attention is given to the role played by PPCDAM, an environmental policy introduced by the federal...
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This paper proposes an environmental DSGE model with deforestation of a tropical rain forest. The forest can be used to produce goods, but it also affects the well-being of the representative individual. Environmental policy is implemented with the taxation of the deforestation activity. We...
Persistent link: https://www.econbiz.de/10012126366
Information-based policies play an important role in environmental protection efforts around the world. These policies use information provision and/or disclosure to shape behavior in order to meet the policy objective; for example, mandatory information disclosure requires firms to measure and...
Persistent link: https://www.econbiz.de/10013202842
We study the preferential treatment of green bonds in the central bank collateral framework as an environmental policy instrument within a DSGE model with environmental and financial frictions. In the model, green and carbon-emitting conventional firms issue defaultable corporate bonds to banks...
Persistent link: https://www.econbiz.de/10013472788
Im Beitrag werden, basierend auf den Daten des Mannheimer Innovationspanels 1993, die Einflußfaktoren umweltorientierter Innovationen in Deutschland in einem multivariaten Kontext ökonometrisch untersucht. Ziel ist es, sowohl allgemeine Strukturen der Einflußfaktoren von Umweltinnovationen zu...
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