The scope of this paper is to highlight the main regulatory aspects embodied within the CERs (Certificate of Emission Reduction) and its impact on the Brazilian utility companies listed in the stock exchange. It is argued that missing points/holes in the regulation of these financial instruments...

The scope of this paper is to estimate the production function for the Brazilian industrial sector from a longitudinal panel of the industrial sector (Annual Industrial Survey produced by the Institute of Geography and Statistics – PIA/IBGE – and the Ministry of Labour and Employment's...