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As part of its efforts to reach the targets of the Kyoto Protocol, the European Commission is currently considering a new directive to reduce the per-kilometer CO2 emissions of newly registered automobiles. This paper critically assesses this proposal with respect to its economic and...
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This paper assesses the potential impact of the European Union Emissions Trading System (EU ETS) on firm productivity … dispersion within industries. This dynamic model allows us to differentiate the potential effects of the EU ETS on total factor …-in-difference approach exploiting the incomplete participation requirements of the EU ETS and the rich panel structure of firm-level data for …
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