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manufacturing sectors in India, on the total factor productivity (TFP) growth of firms and on its components, scale efficiency and …
Persistent link: https://www.econbiz.de/10013549825
"Prices versus quantities" (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper's criterion for ranking policies suggests that technological uncertainty favors taxes over cap and trade....
Persistent link: https://www.econbiz.de/10011927948
world's largest carbon market. …
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We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty …. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on …
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This paper studies the influence of productivity, pollution sensitivity, and adaptive capacity on optimal mitigation … and adaptation in a two country global pollution model. We investigate the effects of changes of these parameters on the … noncooperative behavior. Our findings imply that unilateral improvements in productivity and adaptive capacity have strategic …
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