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In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the EU ETS – the world’s first and largest market-based climate policy – induced regulated...
Persistent link: https://www.econbiz.de/10014301464
planner, on the aggregate investment in the new technology. The optimal policy has a Pigou's flavor but accounts for the non …
Persistent link: https://www.econbiz.de/10013549768
This study analysed the impact of education human capital development on economic growth in Nigeria from 1980 to 2020. The study specifically used secondary school enrolment as a comprehensive measure of education human capital, while life expectancy at birth was used as a measure of health...
Persistent link: https://www.econbiz.de/10014314641
, renewable energy investment, and green finance in BRICS nations. The aim of the study is to assess how green finance and … governance effectiveness moderate the impact of renewable energy investment on CO2 emissions. Utilizing the Cross … that should be attained in order for renewable energy investment to reduce CO2 emissions is provided. In the long-run, the …
Persistent link: https://www.econbiz.de/10014514138
heterogeneous firms and financial frictions. In the model, firms with a high return to capital increase their investment more …
Persistent link: https://www.econbiz.de/10014484281
The administration of President Ferdinand Marcos Jr. is pushing for the creation of the Maharlika Investment Fund (MIF …). Originally proposed as a sovereign wealth fund, the MIF later on morphed into what can be called a sovereign investment fund (SIF …): a state-owned investment fund that aims to reap returns from financial investments as well as economic returns from …
Persistent link: https://www.econbiz.de/10014288959
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