Showing 51 - 60 of 40,020
growth that are conventionally used in the literature. This approach extends conventional link between the utilitarian …
Persistent link: https://www.econbiz.de/10008765927
natural discrepancy between theory and real life, this study assumes that the planner applies the policies developed for an …, institutional and resource policies may become more important than investments; and secondly, it is preferable to underextract a …
Persistent link: https://www.econbiz.de/10011108306
imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the … regulation prevented a green paradox from arising. These results have implications for the design of climate policies. …
Persistent link: https://www.econbiz.de/10010294275
A carbon tax may be the most efficient means to limit climate change - eventually mankind's largest externality. When discussing the effects of such a tax, today most climate economics research focuses on the demand, reducing the energy supply side to a static process. However, supply side...
Persistent link: https://www.econbiz.de/10010305952
We analyze resource extraction in a political economy setting by introducing a political leader who optimizes both his own and the society's welfare function. We find that accounting for the private utility of a political elite, its higher discount rate and a different time horizon generally...
Persistent link: https://www.econbiz.de/10010326163
Socio-economic criteria for climate projects have been used in analysing the value of the climate benefit of a reduction in CO2. These reports are optimistic, yet CCS demonstration plants are not implemented as expected. Little attention has been devoted to profitability assessments based on...
Persistent link: https://www.econbiz.de/10010328781
The focus of the green paradox literature has been either on demand-side climate policies or on effects of … supply-side policies, i.e. policies that permanently remove some of the carbon resources. The conclusion is that there will … no green paradox if supply-side climate policies are aimed at high-cost carbon reserves. If instead low-cost reserves are …
Persistent link: https://www.econbiz.de/10010330266
We analyze a n-country, two-period Nash tax competition game to evaluate Sinn's proposal to use capital income taxation as a means to decelerate fossil fuel ex- traction (Sinn, 2008). The interest and discount rate is determined on a perfectly competitive consumer loan market on which the...
Persistent link: https://www.econbiz.de/10011993962
We assess a 2-period, non-cooperative equilibrium of an n country policy game where countries chose either (i) carbon taxes, (ii) cap-and-trade policy with local permit markets or (iii) cap-and-trade policy with internationally linked permit markets and potential central redistribution of permit...
Persistent link: https://www.econbiz.de/10012014233
This dissertation deals with the complex and multifaceted issue of climate change and climate policy. Since the problem touches upon many disciplines and also subfields within economics, the present study tries to bridge the gaps between different areas and dimensions of economic analysis....
Persistent link: https://www.econbiz.de/10012019193