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Carbon leakage with structural gravity : conference paper
Aichele, Rahel - 2013
The future international climate policy architecture will most likely consist of partial climate policy initiatives like the EU's Emission Trading System. Trade integration threatens to undermine these systems' environmental effectiveness by shifting emissions to other countries. We estimate a...
Persistent link: https://www.econbiz.de/10010338400
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How well did the Kyoto Protocol work? : a dynamic-GMM approach with external instruments
Grunewald, Nicole; Martínez-Zarzoso, Inmaculada - 2011
This paper assesses the impact of the Kyoto Protocol on CO2 emissions. With this aim a dynamic panel data model is estimated for a cross-section of 213 countries over the period 1960 to 2009. The model, based on a STIRPAT approach, also integrates the EKC approach and specifically considers the...
Persistent link: https://www.econbiz.de/10009299547
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Emission Permits and the Announcement of Realized Emissions : Price Impact, Trading Volume, and Volatilities
Hitzemann, Steffen - 2016
This paper investigates the impact of the yearly announcement of realized emissions on the European carbon permit market. We find that this event generally leads to significant absolute abnormal returns on the event day, which are accompanied by increased trading volumes and high intraday...
Persistent link: https://www.econbiz.de/10013007371
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Will Be There New CO2 Emitters in the Future? Evidence of Long-Run Panel Co-Integration for N-11 Countries
Nasre Esfahani, Mohammad - 2016
This article tries to explore the long-run nexus between oil consumption, gross domestic product (GDP) and carbon dioxide (CO2) emissions in the next eleven (N-11) countries over the period 1980-2013, by using the panel c-ointegration, the panel dynamic ordinary least squares (DOLS) and the...
Persistent link: https://www.econbiz.de/10012986366
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Better to grow or better to improve? : measuring environmental efficiency in OECD countries with a Stochastic Environmental Kuznets Frontier
Badunenko, Oleg; Galeotti, Marzio; Hunt, Lester C. - 2021
The standard approach to the Environmental Kuznets Curve (EKC) holds that as a country develops and GDP per capita grows environmental degradation initially increases but eventually it reaches a turning point where environmental degradation begins to decline. Environmental degradation takes many...
Persistent link: https://www.econbiz.de/10012694466
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Convergence in Carbon Dioxide Emissions and the Role of Growth and Institutions - A Parametric and Nonparametric Analysis
Brännlund, Runar; Karimu, Amin; Söderholm, Patrick - 2015
This paper examines convergence of per capita carbon dioxide (CO2) emission for a panel of 124 countries taking into account the impact of the quality of government institutions. The analysis builds on both parametric and nonparametric panel data techniques, and we examine the β-convergence...
Persistent link: https://www.econbiz.de/10014137488
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Carbon Emissions and Economic Growth : Production-Based versus Consumption-Based Evidence on Decoupling
Mir, Goher-Ur-Rehman; Storm, Servaas - 2016
We assess the Carbon-Kuznets-Curve hypothesis using internationally consistent and comparable production-based versus consumption-based CO2 emissions data for 40 countries (and 35 industries) during 1995-2007 from the World Input Output Database (WIOD). The estimates for per capita CO2 emissions...
Persistent link: https://www.econbiz.de/10014127678
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Endogenous transport costs in international trade
Kleinert, Jörn; Spies, Julia - 2011
In this paper we claim that distance alone is a poor proxy for international transport costs in empirical studies. We … model a manufacturing and a transport sector and let the level of manufacturing exports determine the demand for transport … services. Above a particular trade level, transport service suppliers find it profit-maximizing to invest in an advanced …
Persistent link: https://www.econbiz.de/10009515607
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Market Access and Regional Disparities: New Economic Geography in Europe
Niebuhr, Annekatrin - 2004
New Economic Geography (NEG) has reached a theoretical consolidation while related empirical tests are still scarce. The present paper aims at providing some evidence on the validity of forces emphasised by NEG. The analysis starts from the nominal wage equation derived from the Krugman...
Persistent link: https://www.econbiz.de/10010295401
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Enlargement and the EU Periphery: The Impact of Changing Market Potential
Crozet, Matthieu; Brülhart, Marius; Koenig, Pamina - 2004
We study the impact of changing relative market access in an enlarged EU on the economies of incumbent Objective 1 regions. First, we track the impact of external opening on internal spatial configurations in a three-region economic geography model. External opening gives rise to potentially...
Persistent link: https://www.econbiz.de/10010295402