Showing 1 - 10 of 213
In this paper we present the main results of three original studies on the equilibrium with a market of tradeable permits in a static framework. In first study, we have considered an international equilibrium of two countries which depend on the quantity of permits to each country. The...
Persistent link: https://www.econbiz.de/10011324965
Socially responsible investment in analyzed in a general equilibrium context. This is important in order to understand the ultimate consequences of SRI on the decisions of economic agents. Building on models by Brock (1982) and Merton (1987), SRI is modelled as the choice to voluntarily give up...
Persistent link: https://www.econbiz.de/10011325126
This paper analyses the environmental dimensions the past accession of Greece, Portugal and Spain to the EU in order to draw lessons for the current accession of countries of Central and Eastern Europe. A distinction is made between scale, composition and technique effects. Two major conclusions...
Persistent link: https://www.econbiz.de/10011608821
With large shares in global trade and carbon emissions, China's international trade is supposed to be significantly affected by the proposed carbon-based border tax adjustments (BTAs). This paper examines the impacts of BTAs imposed by the USA and EU on China's international trade, based on a...
Persistent link: https://www.econbiz.de/10010294337
The paper considers a situation where two countries - the North and the South - use a non-traded polluting input to produce the goods for final consumption. The North is more efficient in both, production and abatement processes. The study compares the effects of the transfer of abatement...
Persistent link: https://www.econbiz.de/10010279578
, global welfare is higher without them, and market failures imply that optimal subsidies are even higher. We supplement the …
Persistent link: https://www.econbiz.de/10011492398
Industrial policy has long been criticized as subject to protectionist interests; accordingly, subsidies to domestic … industrial policy is gaining popularity as governments search for low-carbon solutions that also provide jobs at home. The … downstream market may lie in nonregulating third-party countries. Restraints on upstream subsidies erode global welfare when …
Persistent link: https://www.econbiz.de/10011492399
This paper analyzes the economic and poverty effects of a voluntary carbon emission reduction for a small liberalized economy - the Philippines. The simulation results indicate that tariff reductions undertaken by the Philippine government between 1994 and 2005 reduced the cost of fossil fuels...
Persistent link: https://www.econbiz.de/10010312272
This paper analyzes two possible methodologies of modeling international technology spillovers in a climate-economy CGE model. Technological change, by affecting productivity, energy and carbon intensity, eventually influences the amount of CO2 emissions, the costs and the timing of the policies...
Persistent link: https://www.econbiz.de/10010312574
on emissions. Climate policy induces changes in relative prices, which cause carbon leakage through a terms …
Persistent link: https://www.econbiz.de/10010312660