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Public Expenditure Policy and the Environment : A Review and Synthesis

Miranda, Kenneth M. - 1993

Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in many instances, environmental degradation is rooted...

Persistent link: https://www.econbiz.de/10014398218

Production offshoring and investment by Japanese firms

Kang, Joong Shik; Piao, Shi - 2015

operating mainly in domestic markets. On the back of a trend increase in production offshoring, investment by large companies …

Persistent link: https://www.econbiz.de/10011373921

Offshore currency markets : non-deliverable forwards (NDFs) in Asia

Schmittmann, Jochen Markus; Teng, Chua Han - 2020

Non-deliverable forward (NDF) markets in many Asian emerging market currencies are large, rapidly growing, and often exceed onshore markets in transaction volume. NDFs tend to price significant depreciation during market stress episodes including COVID-19. Spillovers from NDFs to onshore markets...

Persistent link: https://www.econbiz.de/10012301975

Technological changes, offshoring, and the labor share

Lian, Weicheng - 2019

Existing studies on the downward trend in the labor share of income mostly focus on changes within individual countries. I document, however, that half of the global decline in the labor share of income can be traced to the relocation of activities between countries. I develop a two-country...

Persistent link: https://www.econbiz.de/10012102085

Service offshoring, Productivity, and Employment : Evidence From the United States

Amiti, Mary - 2005

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 …, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …

Persistent link: https://www.econbiz.de/10014401505

Grippa, Pierpaolo; Mann, Samuel - 2020

This paper explores three possible transmission channels for transition risk shocks to the financial system in Norway. First, we estimate the direct firm-level impact of a substantial increase in domestic carbon prices under severe assumptions. Second, we map the impact of a drastic increase in...

Persistent link: https://www.econbiz.de/10012392495

Environmental Protectionism, North-South Trade, and the Uruguay Round

Sorsa, Piritta - 1995

The paper seeks to provide an overview of the present state of debate on trade, environment and the GATT for developing countries. Potential for green protectionism and relevant GATT rules are discussed in three areas: i) environmental product regulations including eco-labeling and other product...

Persistent link: https://www.econbiz.de/10014396257

Reforming the Tax System to Promote Environmental Objectives : An Application to Mauritius

Parry, Ian W. H. - 2011

Fiscal instruments are potentially among the most effective, and cost-effective, options for addressing externalities related to poor air quality, urban road congestion, and greenhouse gases. This paper takes a case study, focused on Mauritius (a pioneer in the use of green taxes) to illustrate...

Persistent link: https://www.econbiz.de/10014399354

Reforming the tax system to promote environmental objectives : an application to Mauritius

Parry, Ian W. H. - 2011

Persistent link: https://www.econbiz.de/10009425661

Macroeconomic and financial policies for climate change mitigation : a review of the literature

Krogstrup, Signe; Oman, William - 2019

Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The...

Persistent link: https://www.econbiz.de/10012103638