Showing 1 - 10 of 110
For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative … green paradox for a general model and then apply it to the details of EU ETS. In 2018, new rules for a Market Stability … model disciplined on the price rise in the EU ETS that followed the introduction of the MSR. …
Persistent link: https://www.econbiz.de/10012105543
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lower environmental standards, and some worry that it will be too demanding for these new EU members to fully comply with … enlarged EU, we argue that this is a good reason for an upward harmonization of environmental policies at the EU level …
Persistent link: https://www.econbiz.de/10014066026
Between 1950 and 2017, world average life expectancy increased from below-50 to above-70, while the fertility rate dropped from 5 to about 2.5. We develop and calibrate an analytic climate-economy model with overlapping generations to study the effect of such demographic change on capital...
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Both theoretical and empirical studies have shown that democracy and corruption have substantial influence on environmental policy. In this paper, we empirically analyse whether both democracy and corruption are equally important determinants. When these variables are jointly included as...
Persistent link: https://www.econbiz.de/10010312427
This paper addresses the timing and interdependence between innovation and environmental policy in a model of research and development (R&D). On a first-best path the environmental tax is set at the Pigouvian level, independent of innovation policy. With infinite patent lifetime, the R&D subsidy...
Persistent link: https://www.econbiz.de/10010285569
intensity cap (indexed to GDP) compared to a fixed emission cap is not uniform across countries; neither policy clearly …
Persistent link: https://www.econbiz.de/10003716060
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