Showing 1 - 10 of 2,091
environment taxes differs dramatically from the recommendations of environment tax theory. This divergence between the theory and …
Persistent link: https://www.econbiz.de/10014396030
For the world's 20 largest emitters, we use a simple trend/cycle decomposition to provide evidence of decoupling between greenhouse gas emissions and output in richer nations, particularly in European countries, but not yet in emerging markets. If consumption-based emissions-measures that...
Persistent link: https://www.econbiz.de/10011848132
This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we … distinguish between productivity gains arising from lower tariffs on final goods relative to lower tariffs on intermediate inputs …. Lower output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs …
Persistent link: https://www.econbiz.de/10014400616
Persistent link: https://www.econbiz.de/10009423208
The paper investigates how changes in industries'' funding costs affect total factor productivity (TFP) growth. Based …
Persistent link: https://www.econbiz.de/10014398575
Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the...
Persistent link: https://www.econbiz.de/10014403910
(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10014403965
Countries that trade more with each other exhibit higher business cycle correlation. This paper examines the mechanisms underlying this relationship using a large cross-country industry-level panel dataset of manufacturing production and trade. We show that sector pairs that experience more...
Persistent link: https://www.econbiz.de/10014402276
Information on seasonal frequencies can provide valuable insights for understanding economic fluctuations. This is particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to seasonal factors. This paper discusses the option of...
Persistent link: https://www.econbiz.de/10014399929
This paper builds a framework to quantify the financial stability implications of climate-related transition risk in Colombia. We explore risks imposed on the banking system based on scenarios of an increase in the domestic carbon tax by using bank- and firm-level data. Focusing on the...
Persistent link: https://www.econbiz.de/10012796249