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We study the impacts of bankruptcy risk on the performance of market-based pollution control policies. In chapter one, we concentrate on emissions trading markets. We find that firms that risk bankruptcy demand more permits than if they were financially secure. Thus, bankruptcy risk in a...
Persistent link: https://www.econbiz.de/10009468112
We study the cyclical fluctuations of leverage and assets of financial intermediaries and GDP in the United States. Leverage and assets are several times more volatile than GDP, and experience larger fluctuations for unregulated (‘shadow’) intermediaries than for regulated ones. While the...
Persistent link: https://www.econbiz.de/10012530385
In this paper we study concentration in the European Internet upstream access market. Measurement of market concentration depends on correctly defining the market, but this is not always possible as Antitrust authorities often lack reliable pricing and traffic data. We present an alternative...
Persistent link: https://www.econbiz.de/10009442010
acceptance of CDM. The outgrowth of CDM from a proposal from Brazil to establish a Clean Development Fund gave developing …
Persistent link: https://www.econbiz.de/10009435560
electrical energy and peak demand in India and Brazil. Using very conservative assumptions, we find that the cost of conserved … of avoided peak installed capacity is 6 and 9.5 times less than the cost of new installed capacity for India and Brazil … national savings of the order of US $1.2 million per day for India and US $2.5 million per day for Brazil are reached in 10 …
Persistent link: https://www.econbiz.de/10009436308
Over the years, the East-West Center (EWC) has developed considerable expertise in refinery modeling, especially in the area of forecasting product balances for countries, given planned capacity changes, changes in product demand, changes in crude slates, and changes in product specifications....
Persistent link: https://www.econbiz.de/10009436759
This paper summarizes studies of carbon (C) mitigation potential and costs of about 40 forestry options in seven developing countries. Each study uses the same methodological approach - Comprehensive Mitigation Assessment Process (COMAP) - to estimate the above parameters between 2000 and 2030....
Persistent link: https://www.econbiz.de/10009437412
. -----------------------------------------------Brazil represents among the countries with larger level of disparity of income of the world, in agreement with the Report of … Africa and Malawi have a degree of larger inequality than of Brazil, what justifies a vast literature on the determinant of … main focus to generate revenue equations to Brazil in the years from 2002 to 2006, dedicating special attention to the …
Persistent link: https://www.econbiz.de/10009442808
Brazil`s rice markets. In response to changes of the agricultural policies during the period of investigation, the presence …
Persistent link: https://www.econbiz.de/10009443372
equations fish traded between Brazil and United States in the period between 1996 and 2006. The variables included in the model …, which reduces the competitiveness of Brazil in the North American market. Further devaluation of the national currency may …
Persistent link: https://www.econbiz.de/10009444579