Energy subsidies have been criticized due to their economic inefficiency and promotion of wasteful usage of energy and associated carbon emissions. Conversely, environmental taxes are advocated as efficient policy instruments. Nonetheless, removing subsidies and taxing energy can be politically...

After the publication of various multi-regional input–output (MRIO) databases over the past years and related environmental and socio-economic footprint analyses, the interest in these global value chain analyses is ever increasing. In order to provide forward-looking analysis of policy...

In 1999, the Grain to Green Program (GTGP) was initiated in China as payment of ecosystem service and the largest land conservation program. This paper evaluates the impact of this conservation program on the regional economic structural change in Guizhou Province. We generate the...

Physical input–output tables (PIOTs) were first conceptualized in the 1990s but have not been widely adopted. However, with the increased emphasis on building a circular economy and understanding the resource nexus, PIOTs will become critical for optimizing resource flows and restructuring...

We analyze the transmission of producer price in inflation shocks across the U.S. manufacturing industries from 1947 to 2018 using the Diebold-Yilmaz Connectedness Index framework, which fully utilizes the information in generalized variance decompositions from vector autoregressions. The...

Using the theoretical framework of global sourcing with firm heterogeneity, we examine determinants of inputs sourcing choices of manufacturing firms established in the EU countries. To this purpose, we combine information on the ownership structure and company accounts from the Orbis data set...