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Taxes versus Standards (Again): Misallocation and Productivity Effects of Intensity Targets

Tombe, Trevor; Winter, Jennifer - Department of Economics, University of Calgary - 2013

Firm-level idiosyncratic policy distortions lower aggregate productivity, especially if such distortions are correlated with firm productivity. Many environmental policies, such as energy intensity standards, exhibit this correlation. In contrast to the existing environmental literature...

Persistent link: https://www.econbiz.de/10010667328

Chapter 15. A Global Approach to Energy andtheEnvironment : The G-Cubed Model

McKibbin, Warwick J.; Wilcoxen, Peter J. - In: Handbook of computable general equilibrium modeling : …, (pp. 995-1068). 2013

G-Cubed is a multi-country, multi-sector, intertemporal general equilibrium model that has been used to study a variety of policies in the areas of environmental regulation, tax reform, monetary and fiscal policy, and international trade. It is designed to bridge the gaps between three areas of...

Persistent link: https://www.econbiz.de/10014025276

Democratic climate policies with overlapping generations

Goussebaïle, Arnaud - 2022

An extensive climate policy literature provides various recommendations, but they are not supported democratically since the models employed consider either infinitely-lived individuals or normative social objectives (or both). In contrast, the present paper provides policy recommendations that...

Persistent link: https://www.econbiz.de/10013365219

Pollution Abatement Investment under Financial Frictions and Policy Uncertainty

Fang, Min; Hsu, Po-Hsuan; Tsou, Chi-Yang - 2023

This paper examines how financial frictions and policy uncertainty jointly influence firms' investments in pollution abatement. Our data analyses suggest that financially constrained firms are less likely to invest in pollution abatement and are more likely to release toxic pollutants, with this...

Persistent link: https://www.econbiz.de/10014355864

Discounting Nordhaus

Michl, Thomas R. - Political Economy Research Institute (PERI), University … - 2008

This paper evaluates Nordhaus’s neoclassical complaints about the Stern Review from the vantage point of classical growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount rate that is well below the market rate of return on...

Persistent link: https://www.econbiz.de/10005112693

Policy responses by different agents/stakeholders in a transition: Integrating the Multi-level Perspective and behavioral economics

Gazheli, Ardjan; Antal, Miklós; Drake, Ben; Jackson, Tim; … - WWWforEurope - 2013

This short paper considers all possible stakeholders in different stages of a sustainability transition and matches their behavioral features and diversity to policies. This will involve an assessment of potential or expected responses of stakeholders to a range of policy instruments. Following...

Persistent link: https://www.econbiz.de/10011163463

Going back: radiation and intentions to return amongst households evacuated after the Great Tohoku Earthquake

Munro, Alistair; Managi, Shunsuke - In: Economics of disasters and climate change 1 (2017) 1, pp. 77-93

Persistent link: https://www.econbiz.de/10011722186

Well-being effects of a major negative externality : the case of Fukushima

Rehdanz, Katrin; Welsch, Heinz; Narita, Daiju; Okubo, … - 2013

Following a major earthquake off the Pacific coast of Japan, a tsunami disabled the power supply and cooling of three … reactors in Fukushima, causing a major nuclear accident on 11 March 2011. Based on a quasi-experimental difference …-being effects of the combined event of the earthquake, tsunami and nuclear accident that are proportional to proximity to the …

Persistent link: https://www.econbiz.de/10009771210

Well-being effects of a major negative externality : the case of Fukushima

Rehdanz, Katrin; Welsch, Heinz; Narita, Daiju; Okubo, … - 2013

Persistent link: https://www.econbiz.de/10009778505

Well-being effects of a major natural disaster : the case of Fukushima

Rehdanz, Katrin; Welsch, Heinz; Narita, Daiju; Okubo, … - In: Journal of economic behavior & organization : JEBO 116 (2015), pp. 500-517

Persistent link: https://www.econbiz.de/10011567951