We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to … controlling for unobserved productivity shocks and unobserved input quality. Using our parameter estimates, we can compute total … factor productivity, markups and marginal costs. We find no effect of the EU ETS on firm productivity or profits for the …

function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …