Showing 1 - 10 of 102
We analyze the productivity effects of environmental (green) investment as well as of environmental expenditures and … investment positively impinges upon production growth as a productivity driver. We thus conclude that environmental regulation … should stimulate investment in order to be compatible with economic goals such as productivity. …
Persistent link: https://www.econbiz.de/10010298667
We analyze the productivity effects of environmental (green) investment as well as of environmental expenditures and … investment positively impinges upon production growth as a productivity driver. We thus conclude that environmental regulation … should stimulate investment in order to be compatible with economic goals such as productivity …
Persistent link: https://www.econbiz.de/10014212567
We analyze the productivity effects of environmental (green) investment as well as of environmental expenditures and … investment positively impinges upon production growth as a productivity driver. We thus conclude that environmental regulation … should stimulate investment in order to be compatible with economic goals such as productivity. …
Persistent link: https://www.econbiz.de/10005097886
Starting in 2005, the EU will implement a CO2 emissions trading scheme. In this paper we show that the outspoken goals of economic efficiency and free allocation of allowances are incompatible with harmonized allocation rules. In general, the assignment of allowances is endogenous and differs...
Persistent link: https://www.econbiz.de/10010297344
Implementation of an EU-wide emissions trading system by means of National Allocation Plans is at the core of European environmental policy agenda. Member States are faced with the problem of allocating their national emission budgets under the EU Burden Sharing Agreement between...
Persistent link: https://www.econbiz.de/10010297365
Energy markets and energy-intensive industries in all EU member states – especially in Germany – are subject to a diverse set of policies related to climate change. We analyse the potential efficiency losses from simultaneous application of emission taxes and emissions trading in qualitative...
Persistent link: https://www.econbiz.de/10010297526
In this paper we investigate how restrictions for emission trading to the energy-intensive power sector will affect the magnitude and distribution of abatement costs across EU countries vis-?-vis a comprehensive EU emission trading regime. We find that emission trading between European power...
Persistent link: https://www.econbiz.de/10010297710
We investigate how the U.S. withdrawal and the amendments of the Bonn climate policy conference in 2001 will change the economic and environmental impacts of the Kyoto Protocol in its original form. Based on simulations with a large-scale computable general equilibrium model, we find that U.S....
Persistent link: https://www.econbiz.de/10010297786
This paper investigates the implications of U.S. withdrawal on environmental effectiveness, economic efficiency, and the distribution of compliance costs taking into account market power of the Former Soviet Union (FSU) on emission permit markets. While exercise of market power on behalf of FSU...
Persistent link: https://www.econbiz.de/10010297795
This paper quantifies the macroeconomic impacts of the Clean Development Mechanism (CDM) under the Kyoto Protocol based on a computable general equilibrium (CGE) model of international trade and energy use. Employing project-based CDM supply data we assess the relative importance of transaction...
Persistent link: https://www.econbiz.de/10010297902