Showing 1 - 10 of 392
This paper develops a model with an endogenous number of cities to explore whether local governments establish the optimal city size when key activities in the city are associated with emissions that harm consumers. In contrast to extant research, our model is fully micro-founded with respect to...
Persistent link: https://www.econbiz.de/10012827112
Climate policies vary widely across countries, with some countries imposing stringent emissions policies and others doing very little. When climate policies vary across countries, energy-intensive industries have an incentive to relocate to places with few or no emissions restrictions, an effect...
Persistent link: https://www.econbiz.de/10014079652
Finland introduced the planet's first carbon tax in 1990 to experiment with, to most economists, the best policy to reverse carbon emissions. I estimate the causal effect of taxing carbon on Finnish emissions using the Synthetic Control Approach. The results suggest that taxing carbon reduces...
Persistent link: https://www.econbiz.de/10013219618
This paper analyzes the efficient emissions taxation in economies with individuals who are morally motivated to reduce their emissions footprint. They are heterogenous with respect to their morality and their consumption preferences. We distinguish between the concepts of moral and conventional...
Persistent link: https://www.econbiz.de/10013314813
tax rate of the German affiliate. From our study of a panel of more than 8,000 non-financial affiliates in Germany, we …
Persistent link: https://www.econbiz.de/10010261101
Inventory fluctuations are an important phenomenon in business cycles. However, the preliminary data on inventory investment as published in the German national accounts are tremendously prone to revision and therefore ill-equipped to diagnose the current stance of the inventory cycle. The Ifo...
Persistent link: https://www.econbiz.de/10010261202
The objective of this paper is to address the question of convergence across German districts in the first decade after German unification by drawing out and emphasising some stylised facts of regional per capita income dynamics. We achieve this by employing non-parametric techniques which focus...
Persistent link: https://www.econbiz.de/10010261325
in Germany. The results suggest that attempts of state level governments to extract fiscal resources from the local …
Persistent link: https://www.econbiz.de/10010261409
When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of … about 40,000 observations on trade flows within and across the borders of Germany over the period 1885-1933, I explore the … internal fragmentation resulted from cultural heterogeneity, from administrative borders within Germany, and from geographical …
Persistent link: https://www.econbiz.de/10010264457
We investigate whether time-persistent cultural borders impede economic exchange across regions of the same country. To measure cultural differences we evaluate, for the first time in economics, linguistic micro-data about phonological and grammatical features of German dialects. These data are...
Persistent link: https://www.econbiz.de/10010266077