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The Unequal Economic Consequences of Carbon Pricing

Känzig, Diego R. - National Bureau of Economic Research - 2023

This paper studies the economic impacts of carbon pricing. Exploiting institutional features of the European carbon market and high-frequency data, I document that a tighter carbon pricing regime leads to higher energy prices, lower emissions and more green innovation. This comes at the cost of...

Persistent link: https://www.econbiz.de/10014287322

The Unequal Economic Consequences of Carbon Pricing

Känzig, Diego R. - 2021

This paper studies how carbon pricing affects emissions, economic aggregates and inequality. Exploiting institutional features of the European carbon market and high-frequency data, I identify a carbon policy shock. I find that a tighter carbon pricing regime leads to a significant increase in...

Persistent link: https://www.econbiz.de/10013240180

The impact of environmental regulation on clean innovation : are there crowding out effects?

Benatti, Nicola; Groiss, Martin; Kelly, Petra; … - 2024

We examine the extent to which environmental regulation affects innovation and which policy types provide the strongest incentives to innovate. Using a local projection framework, we estimate the regulatory impact on patenting activity over a five-year horizon. As a proxy for environmental...

Persistent link: https://www.econbiz.de/10014558850

Market Reactions to ECB Policy Innovations : A Cross-Country Analysis

Pacicco, Fausto - 2017

Eurozone equity markets reaction to policy rate shifts, conducted applying an event study methodology, we aim to assess whether … the ECB, with its conventional monetary policy manoeuvres, is able to wield a homogeneous effect across the main Eurozone … equity markets. The empirical analysis shows that generally policy rate shifts affect unevenly the Eurozone financial indexes …

Persistent link: https://www.econbiz.de/10012961775

Project-based carbon contracts : a way to finance innovative low-carbon investments

Richstein, Jörn C. - 2017

Low and uncertain carbon prices are often stated as a major obstacle for industrial sector investments in technologies to deliver deep emissions reductions. Project-based carbon contracts underwritten by national governments could addressregulatory risk, lower financing costs and strengthen...

Persistent link: https://www.econbiz.de/10011780745

Reviewing the Evidence on the Innovation Impact of the EU Emission Trading System

Rogge, Karoline - 2016

The Paris Climate Agreement calls for decarbonization of the economy in the second half of this century. This requires a radical redirection and acceleration of technological change towards low- and particularly zero-carbon solutions. Global carbon pricing is seen as a key enabler for such...

Persistent link: https://www.econbiz.de/10014127822

Are EU regions ready to tackle climate change?

Cappellano, Francesco; Marques Santos, Anabela; Dotti, … - 2023

This paper provides quantitative evidence on the geography of regional readiness to tackle climate change using data from France, Germany, Italy, Poland, and Spain. Following Cappellano et al. (2022), we estimate a composite indicator that reports the situation of regions in these countries...

Persistent link: https://www.econbiz.de/10014471951

Innovations, technological specialisation and economic growth in the EU

Jungmittag, Andre - 2004

Persistent link: https://www.econbiz.de/10001949770

Potential growth and potentials for growth in Europe : innovation, productivity and monetary integration

Jüssen, Falko (ed.) - 2008

This volume presents a selection of mainly empirical contributions which address growth potentials and potentials for growth in Europe and the OECD. The contributions offer a national-level as well as a firm-level perspective on these issues Given this rather broad view, the volume should be of...

Persistent link: https://www.econbiz.de/10003716408

Effects of economic clusters,FDI and R&D of innovaiton : developing countries in European Monetary Union example

Yıldırım, Durmuş Çağrı; Arun, Korhan - In: International journal of innovation : IJI journal 7 (2019) 2, pp. 236-251

Persistent link: https://www.econbiz.de/10012051051

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