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The Organization of Firms Across Countries

Bloom, Nicholas - 2012

We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring, production and sales decisions from Corporate Head Quarters...

Persistent link: https://www.econbiz.de/10013116932

Firms, Contracts, and Trade Structure

Antras, Pol - 2021

Roughly one-third of world trade is intrafirm trade. This paper starts by unveiling two systematic patterns in the volume of intrafirm trade. In a panel of industries, the share of intrafirm imports in total U.S. imports is significantly higher, the higher the capital intensity of the exporting...

Persistent link: https://www.econbiz.de/10013247404

What are the Costs of Meeting Distributional Objectives for Climate Policy?

Parry, Ian W. H. - 2010

This paper develops an analytical model to quantify the costs and distributional effects of various fiscal options for allocating the (large) rents created under prospective cap-and-trade programs to reduce domestic, energy-related CO2 emissions. The trade-off between cost effectiveness and...

Persistent link: https://www.econbiz.de/10013136741

Taxes, Permits, and Climate Change

Kaplow, Louis - 2010

This essay revisits the question of instrument choice for the regulation of externalities in the context of climate change. The central point is that the Pigouvian prescription to equate marginal control costs with the expected marginal benefits of damage reduction should guide the design of...

Persistent link: https://www.econbiz.de/10013139280

Estimates of the Social Cost of Carbon : Background and Results from the Rice-2011 Model

Nordhaus, William D. - 2011

A new and important concept in global warming economics and policy is the social cost of carbon or SCC. This concept represents the economic cost caused by an additional ton of carbon-dioxide emissions or its equivalent. The present study describes the development of the concept as well as its...

Persistent link: https://www.econbiz.de/10013119046

Sources of Comparative Advantage in Polluting Industries

Broner, Fernando - 2012

the country level with data on pollution intensity at the industry level to show that countries with laxer environmental …. We propose an instrument for environmental regulation based on meteorological determinants of pollution dispersion identi …...ed by the atmospheric pollution literature. We find that the effect of environmental regulation on the pattern of trade is …

Persistent link: https://www.econbiz.de/10013101512

Explaining the Price of Voluntary Carbon Offsets

Conte, Marc - 2014

This paper investigates factors that explain the large variability in the price of voluntary carbon offsets. We estimate hedonic price functions using a variety of provider- and project-level characteristics as explanatory variables. We find that providers located in Europe sell offsets at...

Persistent link: https://www.econbiz.de/10013070813

Pollution and International Trade in Services

Levinson, Arik - 2014

small, for two reasons. First, services account for only a small fraction of overall pollution. For none of five major air … relation to the environment, because services in general contribute relatively little to overall pollution, and those …

Persistent link: https://www.econbiz.de/10013071207

Climatic Constraints on Aggregate Economic Output

Burke, Marshall - 2019

Efficient responses to climate change require accurate estimates of both aggregate damages and where and to whom they occur. While specific case studies and simulations have suggested that climate change disproportionately affects the poor, large-scale direct evidence of the magnitude and...

Persistent link: https://www.econbiz.de/10012870073

Is Trade Good or Bad for the Environment? Sorting Out the Causality

Frankel, Jeffrey A.; Rose, Andrew Kenan - 2021

measures of air pollution. Statistical significance is lacking for Particulate Matter, but is moderate for NO2, and high for SO …

Persistent link: https://www.econbiz.de/10013215340