Showing 1 - 10 of 3,275
International offset certificates trade at lower prices than European Union Allowances (EUAs), although they are substitutes within the EU Emissions Trading System (EU ETS) for CO2. Firms therefore had a strong incentive to use the cheaper certificates. However, a considerable number of firms...
Persistent link: https://www.econbiz.de/10011373905
A new method for constructing R&D capital stocks is proposed. Following Schumpeter, the development of R&D capital stocks is modelled as a process of creative destruction. Newly generated knowledge is assumed not only to add to the existing R&D capital stocks but also, by displacing old...
Persistent link: https://www.econbiz.de/10011436456
Persistent link: https://www.econbiz.de/10013436252
Estimation and measurement of consumption externalities are still challenging problems in applied research. In this paper, externalities as Nash equilibrium are estimated using consumer demand theory and a large data set. We estimate Nash equilibrium consumption externalities in petrol budget...
Persistent link: https://www.econbiz.de/10011731359
This paper examines the application of quasi-experimental methods in environmental economics. We begin with two observations: i) standard quasi-experimental methods, first applied in other microeconomic fields, typically assume unit-level treatments that do not spill over across units; (ii)...
Persistent link: https://www.econbiz.de/10011906389
This paper proposes and empirically implements a framework for analyzing industry competition and the degree of joint profit maximization of merging firms in differentiated product industries. Using pre- and post-merger industry data, I am able to separate merging firms' intra-organizational...
Persistent link: https://www.econbiz.de/10010336310
Persistent link: https://www.econbiz.de/10010485680
Persistent link: https://www.econbiz.de/10001509372
Persistent link: https://www.econbiz.de/10001510243
Persistent link: https://www.econbiz.de/10001511226