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Firms subject to cost-of-service regulation cannot withhold windfall profits associated with free emissions allowances. This paper examines the efficiency and distributional impacts of two approaches to transfer free allowances to consumers: output subsidies and lump-sum payments. We employ an...
Persistent link: https://www.econbiz.de/10011753242
The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price interaction is widely recognized and has been thoroughly discussed, the effect of an overlapping instrument on the abatement...
Persistent link: https://www.econbiz.de/10011390683
This paper proposes and analyzes a stationary equilibrium model for a competitive industry which endogenously determines the carbon price necessary to achieve a given emission target. In the model, firms are identified by their level of technology and make production, entry, and abatement...
Persistent link: https://www.econbiz.de/10014494914
-level economic data can be used to estimate farm-level profitability of individual crops and respective cropping systems and thereby … approach called Profitability Assessment Model (PAM) is developed, tested and validated. This new modeling approach follows the … Beantwortung dieser Frage wird ein neuer Modellierungsansatz, das Profitability Assessment Model (PAM), entwickelt, getestet und …
Persistent link: https://www.econbiz.de/10014313938
Persistent link: https://www.econbiz.de/10014518108
enterprises. Therefore, in this article only the gross profit, or the profitability of the gross profit are discussed. For the … year 2000, the average profitability of the gross profit of the examined enterprises amounted to 2,0 %. The profitability … on the basis of the profit before taxes was 6,4 %, the profitability of the profit on ordinary activity -9,8 %, and the …
Persistent link: https://www.econbiz.de/10010299410
enterprises. Therefore, in this article only the gross profit, or the profitability of the gross profit are discussed. For the … year 2000, the average profitability of the gross profit of the examined enterprises amounted to 2,0%. The profitability on … the basis of the profit before taxes was 6,4%, the profitability of the profit on ordinary activity -9,8%, and the …
Persistent link: https://www.econbiz.de/10010299412
/after design of the natural experiment approach to investigate the treatment effect of the EU ETS on the profitability of a sample … 2006. The sub-sample analysis suggests that profitability of under-cap and over-cap firms were affected differently by the …
Persistent link: https://www.econbiz.de/10010321465
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...
Persistent link: https://www.econbiz.de/10010271859
den Auswirkungen des Emissionshandelssystems auf die deutsche Energiewirtschaft. Dargestellt und analysiert wird zunächst … Energiewirtschaft. Betrachtet werden die Auswirkungen auf die Merit-Order, das Investitionsverhalten sowie die Entwicklung der …
Persistent link: https://www.econbiz.de/10010303791