Graevenitz, Kathrine von; Rottner, Elisa; Richter, … - 2023
Relative prices determine competitiveness of different locations. In this paper, we focus on the role of regulatory … differences between Germany and other EU countries which affect the shadow price of carbon emissions. We calibrate a Melitz … how regulatory stringency evolved in the EU and Germany in terms of an implicit carbon price paid on emissions. This price …