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We assume a population of in nitely-lived households of the economy split into two groups : one with a high discount factor (the patient) and one with a low one (the impatient). The environmental quality is deteriorated by rm's polluting emissions. The governmen tal policy consists in proposing...
Persistent link: https://www.econbiz.de/10010899892
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
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
History provides numerous examples of incumbent market leaders being leapfrogged by newcomers that have exploited the opportunities offered by new technologies. In light of the growing number of ecological threats linked to the use of the internal combustion engine, can Chinese auto...
Persistent link: https://www.econbiz.de/10010820814
the BASIC countries (Brazil, South Africa, India and China) in this indeterminacy. Mobilising the analytical tools of …
Persistent link: https://www.econbiz.de/10010820964
This paper analyses the expansion of China's clothing industry in world textile value chains. Using data from … interviews and observations throughout factory visits in China and other countries we show how private Guangdong entrepreneurs … started China's clothing manufacturing. Lacking experience in consumer markets and designing, original equipment manufacturing …
Persistent link: https://www.econbiz.de/10010820997
has accelerated China's urbanisation. Other factors of this massive urbanisation include the improvement of transport … infrastructures and the transformation of China's industries. The reform of the tax system between central and local authorities in … introduces the possible strategies China may adopt for the development of its cities. The objective of these policies will be …
Persistent link: https://www.econbiz.de/10010821152
in a village of southwest China. By exploring a panel structure survey data collected in the village, we identify the …
Persistent link: https://www.econbiz.de/10010821192
. Finally, our estimates suggest that the external effect of China's renminbi, which has been the focus of the profession thus … far, might be "the tip of the iceberg": the latter two results carry over when China's trade data are excluded from the …
Persistent link: https://www.econbiz.de/10010821401
Internal labour migration has become an important part of the process of China's industrialization and urbanisation in … motives of and the constraints to labour mobility in China. Drawing on various empirical investigations at the household level …
Persistent link: https://www.econbiz.de/10010821419