Handlungsempfehlungen (deutsch): 1. Die volle Wirksamkeit des Emissionshandels (ETS) wird dann gewährleistet, wenn pauschale Ausnahmetatbestände unterbleiben. Insbesondere die Carbon-Leakage-Liste sollte durch einen vollständigen Grenzausgleich ersetzt werden. 2. Grenzausgleichsinstrumente...

ENGLISH SUMMARY This paper examines to what extent the disadvantages of unilateral climate policy can be reduced by border adjustments. The disadvantages are primarily a competitive disadvantage for the domestic industry and the potential (over-) compensation of CO2 savings from increased...

Zusammenfassung Diese Arbeit untersucht, inwieweit die Nachteile unilateraler Klimaschutzpolitik durch Grenzausgleichsinstrumente verringert werden können. Die Nachteile bestehen vor allem in einem Wettbewerbsnachteil für die eigene Industrie und der möglichen (Über-)kompensation von...

We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for endogenous commodity prices, we find that economic...

We reconsider the effects of long run growth on relative factor prices across cones of specialization. We model economic growth as exogenous technological change. Allowing for capital biased technological change with a sector bias and for endogenous commodity prices, we find that economic growth...

At that time, Luxembourg was the sole European country where modern competition law, as such, did not exist. The former Act on Restrictive Business Practices had to be modernized...The Luxembourg competition law was adopted on May 17, 2004.

This note discusses the comparative dynamic analysis in "Fiscal competition in space and time" by David Wildasin (Journal of Public Economics, Vol. 87, 2003) from a technical point of view.

We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for endogenous commodity prices, we find that economic...