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differences between Germany and other EU countries which affect the shadow price of carbon emissions. We calibrate a Melitz … how regulatory stringency evolved in the EU and Germany in terms of an implicit carbon price paid on emissions. This price … – both in Germany and other EU countries. The trend is more pronounced in Germany than in the rest of the EU. In …
Persistent link: https://www.econbiz.de/10014472797
Urban India, particularly metros, is a major hotspot of air pollution with a PM2.5 concentration level ranging above the permissible limits defined by the WHO for most of the year. Unsurprisingly, special efforts have been made by the Government of India in recent years to improve air quality....
Persistent link: https://www.econbiz.de/10012795656
Creativity is often highly concentrated in time and space, and across different domains. What explains the formation and decay of clusters of creativity? We match data on notable individuals born in Europe between the XIth and the XIXth century with historical city data. The production and...
Persistent link: https://www.econbiz.de/10012494796
In urban areas around the world, increasing motorization and growing travel demand make the urban transportation sector an ever-greater contributor to local air pollution and greenhouse gas emissions. The situation is particularly acute in developing countries, where growing metropolitan regions...
Persistent link: https://www.econbiz.de/10012388753
This paper empirically studies how emission pricing affects capital replacement and adoption of embodied environmental technology. A pricing policy encourages firms to accelerate retirement of old capital assets and replace them with newer more efficient assets, but this may crowd out...
Persistent link: https://www.econbiz.de/10013359048
"Tradable permit regulations have recently been implemented for climate change policy in many countries. One of the first mandatory markets was the EU Emission Trading System, whose first phase ran from 2005-07. Unlike taxes, permits expose firms to volatility in regulatory costs, but are...
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