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Pulling ourselves up by our bootstraps : the greenhouse gas value of products, enterprises and industries
Kalckreuth, Ulf von - 2022
This paper presents a system of greenhouse gas indicators for markets and policymakers. The system is lean and informative. It condenses the relevant product and enterprise-specific information into a single number: the greenhouse gas (GHG) value. Like prices, GHG values are easy to understand,...
Persistent link: https://www.econbiz.de/10013259646
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The demand for voluntary carbon sequestration : experimental evidence from a reforestation project in Germany
Bartels, Lara; Kesternich, Martin; Löschel, Andreas - 2021
With the increasing recognition of the use of reforestation measures as a complement to conventional carbon emissions avoidance technologies it is important to understand the market valuation of local forest carbon sinks for climate change mitigation. We conducted a framed-field experiment among...
Persistent link: https://www.econbiz.de/10012671884
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The scenario-based equity price impact induced by greenhouse gas emissions
Weth, Mark A.; Baltzer, Markus; Bertram, Christoph; … - 2024
This paper proposes a forward-looking metric of transition risk that relates financial performance and incremental carbon costs at the firm level. To this end, we use a consistent dividend discount framework augmented with emission costs of firms and climate scenario projections from four...
Persistent link: https://www.econbiz.de/10015048429
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Climate policy under firm relocation : the implications of phasing out free allowances
Nachtigall, Daniel - 2016
The allocation of free allowances for firms belonging to the carbon leakage list of the European Union Emissions Trading Scheme (EU ETS) was found to lead to substantial overcompensation, which is why some stakeholders recently have called for a phasing out of free allowances in the near term....
Persistent link: https://www.econbiz.de/10011573801
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The effects of natural disasters and weather variations on international trade : a review of the empirical literature
Osberghaus, Daniel - 2019
This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...
Persistent link: https://www.econbiz.de/10011960760
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Review of literature on the productivity of public capital
Hamalainen, Pellervo - 2009
This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on...
Persistent link: https://www.econbiz.de/10012503009
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Political electoral cycles and public investments in Brazil
Orair, Rodrigo Octávio; Gouvêa, Raphael Rocha; Leal, … - 2015
This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
Persistent link: https://www.econbiz.de/10012057055
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Impacts of subsidized credit on the optimum level of post-crisis investment of Brazilian firms
Alves, Patrick Franco; Silva, Ludmilla Lorrany Mattos; … - 2018
of credit. These and other factors were greatly impacted by the 2009 post-crisis economic environment in Brazil. We … measure the after crisis impacts of subsidized credit on the optimal level of investment of Brazilian firms from the … establish what optimal levels of investment the subsidized firms should have had. In general the after crisis average-q was very …
Persistent link: https://www.econbiz.de/10012061259
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A retrospective study on the regional benefits and spillover effects of high-speed broadband networks : evidence from German counties
Briglauer, Wolfgang; Dürr, Niklas S.; Gugler, Klaus - 2019 - This version: May 2019
There is still hardly any empirical evidence on how divergent broadband technologies, and, by extension, bandwidth levels, influence GDP growth, or on the extent of spatial externalities at a regional level. Our study aims to assess the economic benefits of high-speed broadband networks within...
Persistent link: https://www.econbiz.de/10012029109
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Evidence-based policy or beauty contest? : an LLM-based meta-analysis of EU cohesion policy evaluations
Asatryan, Zareh; Birkholz, Carlo; Heinemann, Friedrich - 2024
Independent and high-quality evaluations of government policies are an important input for designing evidence-based policy. Lack of incentives and institutions to write such evaluations, on the other hand, carry the risk of turning the system into a costly beauty contest. We study one of the...
Persistent link: https://www.econbiz.de/10014574916