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This paper aims to extend the literature on the impacts of China's policies on the world energy-growth nexus by analyzing the spillover effects of financial development and CO2 emissions. An autoregressive distributed lag approach was applied to annual series data from 1977 to 2016. Models for...
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Germany is investigated using a flexible distribution with time-varying mean, variance, skewness, and kurtosis parameters …
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Technological innovation in transportation and the related industrial and entrepreneurial ecosystems can reduce urban environmental risks, maintaining urban environments. This study measures inter-county spillovers of the greenhouse gas (GHG) emissions impact associated with economic activity...
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Carbon control policies in OECD countries commonly differentiate emission prices in favor of energy-intensive industries. While leakage provides a efficiency argument for differential emission pricing, the latter may be a disguised beggar-thy-neighbor policy to exploit terms of trade. Using an...
Persistent link: https://www.econbiz.de/10012462752
This paper estimates the carbon leakage rate across countries, arguably a key parameter in the international climate policy discussion including on border carbon adjustment, but which remains subject to significant uncertainty. We propose innovations along two lines. First, we exploit recently...
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