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important, concurrent dimensions of financial globalization: diversification and offshoring. The diversification dimension … refers to the increase in foreign assets and liabilities in countries' portfolios. Offshoring is related to the reallocation … cross-border holdings. However, financial globalization via offshoring displays more mixed patterns, with variations across …
Persistent link: https://www.econbiz.de/10012554536
This paper develops a global model of climate policy, focusing on the choice between tax and cap-and-trade solutions. The analysis assumes that the world can be split into two regions, with two fuels that both lead to carbon emissions. Region A consumes all fuels, and is responsible for defining...
Persistent link: https://www.econbiz.de/10012572415
In many developing countries, environmental quality remains low and policies to improve it have been inconsistently effective. This paper conducts a case study of environmental policy, focusing on an unprecedented ruling by the Supreme Court of India, which targeted industrial pollution in the...
Persistent link: https://www.econbiz.de/10012570890
Large-scale deployment of renewable energy technologies, such as wind power and solar energy, has been taking place in industrialized and developing economics mainly because of various fiscal and regulatory policies. An understanding of the economy-wide impacts of those policies is an important...
Persistent link: https://www.econbiz.de/10012571782
Feed-in tariffs have become the most widely used policy instrument to promote renewable energy deployment around the world. This paper examines the relation between tariff setting and policy outcome based on wind capacity expansion in 35 European countries over the 1991-2010 period. Using a...
Persistent link: https://www.econbiz.de/10012558110
With rapid development of wind power in China, the following three issues have become barriers for further scale-up: 1) concentration of wind farms in the Three-North region, which became significantly underutilized because of a limited capability of local power grids to off-take and consume...
Persistent link: https://www.econbiz.de/10012559907
This paper examines the evolution of greenfield investment announcements-both domestic and international-for US multinational companies in response to recent global shocks. The results indicate an intensification of reshoring and nearshoring activities by US companies, especially following the...
Persistent link: https://www.econbiz.de/10015198156
Recent research shows that employment in Mexico's offshoring maquiladora industries is twice as volatile as employment … emanating from the United States were amplified when transmitted into Mexico's offshoring labor market of Northern Mexico. First …
Persistent link: https://www.econbiz.de/10012560416
examines the influence exerted by skilled diasporas in fostering cross-country co-inventorship as well as R&D offshoring. The …
Persistent link: https://www.econbiz.de/10012571185
Global trajectories for reducing carbon emissions depend on the local adoption of alternatives to conventional energy sources, technologies, and urban development. Yet, decisions on which type of capital investments to make, made by local governments as part of the normal budget cycle, typically...
Persistent link: https://www.econbiz.de/10012571680