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This study has made a significant contribution to the literature on energy inequality by utilizing an economic-environmental framework to investigate this phenomenon across different income groups of countries worldwide. The study employed the Theil index to calculate intra-regional and...
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In a structural dynamic model that incorporates two broad production sectors with different carbon emissions, we find that climate policy uncertainty (CPU) shocks (i) lower the market value of the highly carbon-emitting sector relative to the low carbon-emitting sector, and (ii) reduce real...
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