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The paper estimates the effect of energy prices and carbon taxation on firms’ environmental and economic performance. The analysis uses data on 8 000 firms that are representative of the French manufacturing sector and observed during 2001-2016. This paper also measures the causal impact of...
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provide evidence of the causal impact of this policy on firms' input choices and on total factor productivity on Italian … the productivity obtained from estimating the production function, does not provide valid inference. We rely instead on an … innovative structural approach. We find that the policy has a small negative effect on productivity that is heterogeneous across …
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