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The Effect of Renewable Energy Development on Carbon Emission Reduction : An Empirical Analysis for the EU-15 Countries

Abolhosseini, Shahrouz - 2015

The increased concerns about climate change have made renewable energy sources an important topic of research. Several scholars have applied different methodologies to examine the relationships between energy consumption and economic growth of individual and groups of countries and to analyze...

Persistent link: https://www.econbiz.de/10013034084

Education Quality, Green Technology, and the Economic Impact of Carbon Pricing

Macdonald, Kevin; Patrinos, Harry Anthony - 2022

Carbon pricing is increasingly used by governments to reduce emissions. The effect of carbon pricing on economic outcomes as well as mitigating factors has been studied extensively since the early 1990s. One mitigating factor that has received less attention is education quality. If...

Persistent link: https://www.econbiz.de/10014084050

Defensive Investments and the Demand for Air Quality : Evidence from the Nox Budget Program and Ozone Reductions

Deschênes, Olivier - 2014

Demand for air quality depends on health impacts and defensive investments that improve health, but little research assesses the empirical importance of defenses. We study an important cap-and-trade market, which dramatically reduced NOx emissions, a key ingredient in ozone formation. A rich...

Persistent link: https://www.econbiz.de/10013063105

Distributional Effects of Emission Pricing in a Carbon-Intensive Economy : The Case of Poland

Antosiewicz, Marek - 2020

In this paper, we assess the distributional impact of introducing a carbon tax in Poland. We apply a two-step simulation procedure. First, we evaluate the economy-wide effects with a dynamic general equilibrium model. Second, we use a microsimulation model based on household budget survey data...

Persistent link: https://www.econbiz.de/10012828007

Willingness to Pay for Carbon Mitigation : Field Evidence from the Market for Carbon Offsets

Rodemeier, Matthias - 2023

What do markets for voluntary climate protection imply about people's valuations of en- vironmental protection? I study this question in a large-scale field experiment (N=255,000) with a delivery service, where customers are offered carbon offsets that compensate for emissions. To estimate...

Persistent link: https://www.econbiz.de/10014261033

Who Pays for Higher Carbon Prices? Illustration for Lithuania and a Research Agenda

Immervoll, Herwig; Linden, Jules; O'Donoghue, Cathal; … - 2023

This paper lays out an approach, and a research agenda, for assessing the impact of carbon pricing on household budgets, and of possible compensatory government transfers that can be financed through carbon-tax revenues. It relies on a rich set of available data and policy models and combines...

Persistent link: https://www.econbiz.de/10014254928

An Empirical Study of the Relationships Between CO2 Emissions, Economic Growth and Openness

Choi, Eunho - 2014

its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging … characteristics, the estimated EKC show different temporal patterns. China shows an N-shaped curve while Japan has a U-shaped curve … it represents an inverted U-shaped curve, while China shows a U-shaped curve. We also analyze the dynamic relationships …

Persistent link: https://www.econbiz.de/10013069032

How Does the Economic Uncertainty Affect Asset Prices Under Normal and Financial Distress Times?

Balcilar, Mehmet; Ozdemir, Zeynel Abidin; Ozdemir, Huseyin - 2022

By using a nonlinear VAR model, we investigate whether the response of the US stock and housing markets to uncertainty shocks depends on financial conditions. Our model allows us to change the response of the US financial markets to volatility shocks in periods of normal and financial distress....

Persistent link: https://www.econbiz.de/10013406435

Why Does Emissions Trading Under the EU Ets Not Affect Firms' Competitiveness? Empirical Findings from the Literature

Joltreau, Eugénie - 2018

Environmental policies may have important consequences for firms' competitiveness or profit-ability. However, the empirical literature shows that hardly any statistically significant effects on firms can be detected for the European Union Emissions Trading Scheme (EU ETS). We explain why there...

Persistent link: https://www.econbiz.de/10012930945

Transmission of US and EU Economic Policy Uncertainty Shock to Asian Economies in Bad and Good Times

Balcilar, Mehmet - 2020

This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South … asymmetric effect on macro variables of China, Hong Kong, and South Korea during the quantitative easing period (QE) and the …

Persistent link: https://www.econbiz.de/10012833241