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Should a Carbon Tax be Differentiated Across Sectors?

Hoel, Michael - C.E.P.R. Discussion Papers - 1994

If some, but not all, countries are cooperating to reduce CO2 emissions, it can be argued that: A high carbon tax on carbon-intensive tradable sectors in the cooperating countries will reduce the production of goods from these sectors, and therefore CO2 emissions, in those countries. This will...

Persistent link: https://www.econbiz.de/10005498029

A Green Light for Environment, or a Green Light for Protection? The EU-US Dispute Over US Corporate Average Fuel Economy Regulations

Francois, Joseph; Nordström, Håkan - C.E.P.R. Discussion Papers - 1996

The US Corporate Average Fuel Economy (CAFE) regulation mandates, subject to a civil penalty, producers to achieve a certain fleet average fuel economy on sales of new passenger cars. Analysing the incentive effects of CAFE, we find that it affords differential tax treatment to car models with...

Persistent link: https://www.econbiz.de/10005504591

Democracy and Reforms

Amin, Mohammad; Djankov, Simeon - C.E.P.R. Discussion Papers - 2009

We use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be conducive to … but bring future prosperity. We test these hypotheses, using data on micro-economic reforms from the World Bank’s Doing … institutions. The results provide a robust support for the claim that democracy is good for growth-enhancing reforms. …

Persistent link: https://www.econbiz.de/10005124381

Economic Growth, Environmental Issues and Trade

Anderson, Kym - C.E.P.R. Discussion Papers - 1993

This paper explores the implications for trade relations of the greening of world politics. It modifies the standard … theory of changing comparative advantages in a growing world economy to show the effects on trade of taking into account the …

Persistent link: https://www.econbiz.de/10005497787

Political Foundations of the Resource Curse

Robinson, James A; Torvik, Ragnar; Verdier, Thierry - C.E.P.R. Discussion Papers - 2002

In this Paper we argue that the political incentives that resource endowments generate are the key to understanding whether or not they are a curse. We show: (1) politicians tend to over-extract natural resources relative to the efficient extraction path because they discount the future too...

Persistent link: https://www.econbiz.de/10005067503

Trade Law and Environmental Issues in Central and East European Countries

Rauscher, Michael - C.E.P.R. Discussion Papers - 1994

International trade and environmental regulation are interdependent. Central and East European Countries (CEECs) are now being integrated in international markets, and the question arises how environmental issues should be taken account of during this process and which institutional framework is...

Persistent link: https://www.econbiz.de/10005666939

A Theory of Haste with Applications to Construction of Nuclear Power Plants and Extinction of Endangered Species

Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 1998

We consider the decision of an agent with time inconsistent preferences to undertake an irreversible investment that yields an uncertain current benefit and a delayed cost. We show that, if the flow of information revealed between periods when the investment is postponed is sufficiently high,...

Persistent link: https://www.econbiz.de/10005788961

On Rush and Procrastination

Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 1999

We analyze the decision of individuals with time inconsistent preferences who undertake irreversible activities yielding either a current cost and a future benefit or a current benefit and a future cost. We first show that, when benefits come earlier than costs, the individual faces a...

Persistent link: https://www.econbiz.de/10005789200

Globalization and Dirty Industries: Do Pollution Havens Matter?

de Melo, Jaime; Grether, Jean-Marie - C.E.P.R. Discussion Papers - 2003

This Paper reviews arguments and evidence on the impact of globalization on the environment, then presents evidence on production and international trade flows in five heavily polluting industries for 52 countries over the period 1981-98. A new decomposition of revealed comparative advantage...

Persistent link: https://www.econbiz.de/10005656146

Does a Tougher Environmental Policy Raise Unemployment? Optimal Taxation, Public Goods and Environmental Policy With Rationing of Labour Supply

Bovenberg, A Lans; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 1993

The implications of more environmental concern for the optimal provision of public goods, taxation, environmental policy and involuntary unemployment are derived within a second-best framework in which lump-sum taxes and subsidies are not available and labour supply is rationed due to a rigid...

Persistent link: https://www.econbiz.de/10005656209