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Classical business cycles, following Burns and Mitchell (1946), can be defined as the sequential pattern of expansions and contractions in aggregate economic activity. Recently, Harding and Pagan (2002, 2006) have provided an econometric toolkit for the analysis of these cycles, and this has...
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To date, border adjustment measures in the form of emissions allowance requirements (EAR) under the U.S. proposed cap-and-trade regime are the most concrete unilateral trade measure put forward to level the carbon playing field. If improperly implemented, such measures could disturb the world...
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tariffs on Chinese products to the U.S. market, even given China's own recent announcement to voluntarily seek to reduce its … really open the possibility for the U.S. and China to make the commitments that each wants from the other, the inclusion of … the carbon contents of imported products. Meanwhile, being targeted by such border carbon adjustment measures, China needs …
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China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory …, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and … produce commercial shale gas will have a crucial impact on the regional gas market and on China's energy mix, as Beijing …
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