Showing 1 - 10 of 24
Transport currently accounts for around 25-30% of global CO2 emissions and this contribution is growing rapidly. Moreover, road transport holds by far the major part in these emissions. Because of the social and political reluctance to increase fuel taxation, it is of some interest to explore...
Persistent link: https://www.econbiz.de/10008876912
Decentralized transferable permit systems in the transport sector can be of interest with regard to reducing greenhouse gas emissions, in spite of anticipated transaction costs. This paper describes a potential application of a domestic market for car fuel consumption permits. The marginal costs...
Persistent link: https://www.econbiz.de/10008788954
The choice between taxes and tradable permits has been independently analysed by two distinct research traditions. The first proceeds from Weitzman's partial equilibrium stochastic model and concludes that a tax should be preferred if the marginal abatement cost curve is steeper than the...
Persistent link: https://www.econbiz.de/10008789416
This paper considers potential use of domestic transferable, or tradable, permit systems for the purposes of travel management, especially reducing environmental nuisances. The main arguments for and against the use of permits are analyzed. Secondly two case studies of existing permit systems...
Persistent link: https://www.econbiz.de/10008790756
Environmental policies often set ‘‘relative'' or ‘‘intensity'' emission caps, i.e. emission limits proportional to the polluting firm's output. One of the arguments put forth in favour of relative caps is based on the uncertainty on business-as-usual output: if the firm's production...
Persistent link: https://www.econbiz.de/10008791057
This study simulates a CO2 permit market in Romania using a dynamic general equilibrium model. The carbon constraint is set at 20.7% below the reference emissions level for sectors eligible according to the EU-ETS (European Union Emission Trading Scheme). Free permit distribution enhances growth...
Persistent link: https://www.econbiz.de/10008793396
This paper analyzes the interaction between migrants income and remittances and between remittancesand the labor supply of residents. The model is cast as a two-period game with imperfect informationabout the residents' real economic situation. Residents subject to a good economic situation may...
Persistent link: https://www.econbiz.de/10010738600
experiment measures a social return to schooling even in the presence of signaling, whereas strategies based on quasi …-experiments are not necessarily robust to signaling. Our instrumental variable estimation finds returns to schooling very similar to … the rest of the literature, which is a strong case against the signaling hypothesis. …
Persistent link: https://www.econbiz.de/10010738887
available only to subscribers. This paper argues that authors might use publication strategy as a quality signaling device. The …
Persistent link: https://www.econbiz.de/10011025714
. Experimental evidence shows that leadership works more through reciprocity than through signaling. In leading-by-sacrifice, the … leader can give up a part of her payoff. Experimental evidence indicates that this sacrifice works as a truthful signaling …
Persistent link: https://www.econbiz.de/10010750437