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Do Stringent Environmental Policies Deter FDI? M&A versus Greenfield
Bialek, Sylwia; Weichenrieder, Alfons - 2015
a firm-level data set on German outbound FDI and innovate onprevious studies by controlling for the mode of entry and …
Persistent link: https://www.econbiz.de/10010500424
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Do Stringent Environmental Policies Deter FDI? M&A versus Greenfield
Bialek, Sylwia; Weichenrieder, Alfons J. - In: Environmental and Resource Economics 80 (2021) 3, pp. 603-636
Strict environmental regulation may deter foreign direct investment (FDI). The paper develops the hypothesis that … regulation predominantly discourages FDI that is conducted as Greenfield investment rather than mergers and acquisitions (M …&A). The hypothesis is tested with German firm-level FDI data. Empirically, stricter regulation reduces new Greenfield projects …
Persistent link: https://www.econbiz.de/10014501619
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Mission Impossible!? On the Harmonization of National Allocation Plans under the EU Emissions Trading Directive
Böhringer, Christoph; Lange, Andreas - 2004
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
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Now or Never: Environmental Protection under Hyperbolic Discounting
Winkler, Ralph - 2009
The author analyzes the optimal investment in environmental protection in a model of an infinite series of non-overlapping hyperbolically discounting agents. He shows that without a commitment mechanism society is eventually stuck in a situation where all agents prefer further investment in the...
Persistent link: https://www.econbiz.de/10010298585
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Now or Never: Environmental Protection under Hyperbolic Discounting
Winkler, Ralph - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-12, pp. 1-22
The author analyzes the optimal investment in environmental protection in a model of non-overlapping hyperbolically discounting agents. He shows that, in the long run and in the absence of a commitment device, society is stuck in a situation where all agents prefer further investments, yet no...
Persistent link: https://www.econbiz.de/10010298631
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Industrial ecology in policy making: What is achievable and what is not?
Pothen, Frank - 2010
A diverse set of tools has been developed in Industrial Ecology to tackle the problems caused by human economic activity. These instruments include Life Cycle Assessment (LCA) and Material Flow Analysis (MFA). Especially LCA is now increasingly used in policy making. Design and Evaluation of...
Persistent link: https://www.econbiz.de/10010302589
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The Aggregation Dilemma in Climate Change Policy Evaluation
Schumacher, Ingmar - 2015
The results in this paper show that a policy maker who ignores regional data and instead relies on aggregated integrated assessment models will strongly underestimate the carbon price and thus the required climate policy. Using a stylized theoretical model we show that, under the mild and...
Persistent link: https://www.econbiz.de/10011301725
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Do stringent environmental policies deter FDI? M&A versus Greenfi eld
Bialek, Sylwia; Weichenrieder, Alfons J. - 2015
analyze a fi rm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry …
Persistent link: https://www.econbiz.de/10011301775
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Forging a Global Environmental Agreement through Trade Sanctions on Free Riders?
Eichner, Thomas; Pethig, Rüdiger - 2015
This paper studies the formation of self-enforcing global environmental agreements in a world economy with international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates whether the signatories’ threat to embargo (potential)...
Persistent link: https://www.econbiz.de/10011307070
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Impactos ambientais e econômicos dos veículos elétricos e híbridos plug-in: Uma revisão da literatura
Vonbun, Christian - 2015
This paper presents a brief literature review concerning the costs and benefits of electric vehicles and hybrid electric vehicles, highlighting their advantages in terms of greenhouse gas emissions reductions. Even though electric and electro-hybrid vehicles must still overcome many cultural and...
Persistent link: https://www.econbiz.de/10011372243