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This paper proposes and analyzes a stationary equilibrium model for a competitive industry which endogenously determines the carbon price necessary to achieve a given emission target. In the model, firms are identified by their level of technology and make production, entry, and abatement...
Persistent link: https://www.econbiz.de/10014494914
In this paper, we use a computable general equilibrium model (WIATEC) to study the potential impact of implementing Europe's 20-20-20 climate policy. The results show that the economic costs of implementing the policy are only moderate and within the range of recent empirical evidence....
Persistent link: https://www.econbiz.de/10010276897
Putting a price on carbon is considered a crucial step for China's endeavor of harnessing the market forces to reduce … its energy consumption and carbon emissions. Indeed, aligned with China's grand experiment with low-carbon provinces and … market power of dominated players, use of offsets, and enforcement and compliance. This article explains why China turns to …
Persistent link: https://www.econbiz.de/10011307252
, use of offsets, and enforcement and compliance. This article explains why China opts for emissions trading, rather than …
Persistent link: https://www.econbiz.de/10011307269
The continuation of China’s remarkable economic growth will depend on continued increases in electricity supply. China …
Persistent link: https://www.econbiz.de/10012056305
. Based on the balanced panel data from2014 to 2018 from China Family Panel Studies (CFPS)and by means of the fixed effects …
Persistent link: https://www.econbiz.de/10012819785
findings, we recommend that China should support the expansion of high-speed rail in order to reduce carbon emissions in a …
Persistent link: https://www.econbiz.de/10012665606
listed companies in China (2007 2019), this study uses the difference in differences (DID) method to examine the effects of …
Persistent link: https://www.econbiz.de/10013353583
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the … environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and …
Persistent link: https://www.econbiz.de/10010398392
Sectoral Market Mechanism (SMM) in China. Based on a detailed overview of domestic policy instruments under SMM, this paper … econometric analysis. The data were collected from 113 respondents in all 11 prefecture-level cities of Shanxi province, China …
Persistent link: https://www.econbiz.de/10010491233