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Environmental Policy and Directed Technological Change : Evidence from the European Carbon Market
Calel, Raphael; Dechezleprêtre, Antoine - 2014
The European Union Emissions Trading Scheme (EU ETS) has aimed to encourage the development of low-carbon technologies … their patenting history and their regulatory status under EU ETS, we investigate the hypothesis that the EU ETS has … activities at the EPO since 2005, especially among EU ETS regulated companies during the Scheme's second phase. Naive estimates …
Persistent link: https://www.econbiz.de/10014041059
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Group Rewards and Individual Sanctions in Environmental Policy
Dijkstra, Bouwe; Rübbelke, Dirk T. G. - 2007
policy, the EU burden sharing agreement and the UK Climate Change Agreements feature this incentive scheme. There is only a …
Persistent link: https://www.econbiz.de/10014051019
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Environmental Policy and Investment Location : The Risk of Carbon Leakage in the EU ETS
D’Arcangelo, Filippo M.; Galeotti, Marzio - 2022
This paper empirically investigates the effect of the European Emission Trading Scheme (EU ETS) on cross … in areas outside the EU ETS. To study this problem, we employ a model of the firm’s investment decision in conjunction … sensitivity to carbon pricing from observed pollution data. This allows to identify the effect of the EU ETS on international …
Persistent link: https://www.econbiz.de/10014239255
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Second Best Environmental Policies under Uncertainty
Antoniou, Fabio; Hatzipanayotou, Panos; Koundouri, Phoebe - 2010
We construct a strategic trade model of an international duopoly, whereby production by exporting firms generates a local pollutant. Governments use environmental policies, i.e., an emissions standard or a tax, to control pollution and for rent shifting purposes. Contrary to their firm, however,...
Persistent link: https://www.econbiz.de/10014197714
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Environment, Health and Labor Market
Pautrel, Xavier - 2020
We re-examine the impact of environmental taxation on health and output, in the presence of labor market frictions. Our main findings are that matching process and wage bargaining introduce new channels of transmission of environmental taxation on the economy such that assuming perfect labor...
Persistent link: https://www.econbiz.de/10012853779
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A Note on Pollution Regulation with Asymmetric Information
Pench, Alberto - 2016
The paper addresses the problem of information asymmetry between a regulator and the polluting firms and proposes a very simple mechanism where the regulator is free to choose, without communicating in advance to the firms, between two instruments: an effluent fee or a standard: as a result in a...
Persistent link: https://www.econbiz.de/10012997072
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The So2 Allowance Trading System and the Clean Air Act Amendments of 1990 : Reflections on Twenty Years of Policy Innovation
Chan, Gabriel; Stavins, Robert N.; Stowe, Robert; … - 2013
The introduction of the U.S. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of 1990 is a landmark event in the history of environmental regulation. The program was a great success by almost all measures. This paper, which draws upon a...
Persistent link: https://www.econbiz.de/10014171785
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Nautical Tourism, Carrying Capacity and Environmental Externality in the Lagoon of Marano and Grado
Silvestri, Francesco; Ghinoi, Stefano; Barone, Vincenzo - 2013
Tourism and environmental preservation are often conflicting activities, mainly in areas such as coastal lagoons, where seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical problem of both environmental and tourism economics, the...
Persistent link: https://www.econbiz.de/10014153381
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Unravelling the Worldwide Pollution Haven Effect
Grether, Jean-Marie; Mathys, Nicole A.; de Melo, Jaime - 2011
This paper tackles the 'pollution haven' argument by estimating the pollution content of imports (PCI). The PCI is then decomposed into three components: a 'deep' component (i.e. traditional variables unrelated to the environmental debate); a factor endowment component and a 'pollution haven'...
Persistent link: https://www.econbiz.de/10014175492
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The Pollution Haven Hypothesis : A Geographic Economy Model in a Comparative Study
Ben Kheder, Sonia; Zugravu-Soilita, Natalia - 2014
Although based on theoretical foundations, the pollution haven hypothesis has never been clearly proven empirically. In this study, we re-examine this hypothesis by a fresh take on both its theoretical and empirical aspects. While applying a geographic economy model on French firm-level data, we...
Persistent link: https://www.econbiz.de/10014214754