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While theoretical models suggest that trade is likely to increase productivity and income levels, the empirical evidence is rather mixed. For some countries, trade has a strong impact on growth, whereas for other countries there is no or even a negative linkage. We examine one likely...
Persistent link: https://www.econbiz.de/10012733880
Emissions trading schemes on entity level are becoming more and more important in the context of controlling greenhouse gases. The directive on a Europe-wide trading scheme is a prime example. Prior to the start of such a scheme, a number of design features have to be agreed upon. Regarding the...
Persistent link: https://www.econbiz.de/10014058772
In this paper we analyse the employment implications of firing restrictions. We find that when a recession is expected and the trend rate of productivity growth is small, a rise in firing costs affects mainly the hiring decision. Thus there is a negative effect on average employment. When, on...
Persistent link: https://www.econbiz.de/10010295075
Recent theoretical advances in consumption theory suggest that there may exist predictable consumption surges which, if …
Persistent link: https://www.econbiz.de/10010295325
International climate negotiations have specified that projects under the Clean Development Mechanism (CDM) should not lead to a „diversion“ of official development assistance (ODA). It is however unchallenged that ODA can be used in capacity building for the CDM. Diversion can be...
Persistent link: https://www.econbiz.de/10010295330
Greenhouse gas emission trading has become more and more important in the context of climate change. Recently, a discussion on trading on entity (i.e. company) level has started. Emitters likely to be obliged to participate have argued for an initial allocation of the emission rights free of...
Persistent link: https://www.econbiz.de/10010295332
The Kyoto Protocol sets legally binding emission targets for industrialized countries without accounting for reductions carried out prior to 2008, the beginning of the first commitment period. There exists only one exception, the project-based Clean Development Mechanism. Two other possible ways...
Persistent link: https://www.econbiz.de/10010295341
A whole bundle of so-called „flexible mechanisms“ has been foreseen by the Kyoto Protocol in order to help industrial countries to fulfil their agreed reduction targets in the most costeffective way. Emission permits will act as the backbone of all market-orientated mechanisms. Therefore,...
Persistent link: https://www.econbiz.de/10010295344
Verbindung der Theorie räumlicher Wahlmodelle mit der nicht-kooperativen Spieltheorie darstellt. Hierin werden die …
Persistent link: https://www.econbiz.de/10010295348
Die weltwirtschaftliche Verflechtung hat in der Nachkriegszeit stetig zugenommen. Da diese Entwicklung mit beträchtlichen Handelsgewinnen verbunden war, ist sie grundsätzlich positiv zu bewerten. Das Zusammenwachsen der Märkte erzeugt aber auch zusätzliche Spannungen, denn mit der...
Persistent link: https://www.econbiz.de/10010295349