Showing 1 - 10 of 94
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...
Persistent link: https://www.econbiz.de/10003725780
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 …
Persistent link: https://www.econbiz.de/10012507941
Exemptions from costly policy measures are frequently applied to alleviate financial burdens to specific market participants. Using a stated-choice experiment with around 6,000 German household heads, we test how exemptions for low-income households and energy-intensive companies influence the...
Persistent link: https://www.econbiz.de/10013280025
Using longitudinal data from two household surveys in 2017 and 2019, we analyze the determinants of climate skepticism in Germany. We find that nearly 20% of respondents state that they do not believe in climate change and more than 30% are doubtful that climate change is mainly caused by human...
Persistent link: https://www.econbiz.de/10013472670
The voluntary adoption of environmental management systems (EMS), frequently certified by third-party audits following international standards, has become a vital supplement to mandatory environmental policies based on regulation and legislation. Although there is empirical evidence that both...
Persistent link: https://www.econbiz.de/10010437499
This paper investigates the impact of climate-related fiscal and financial policies on CO2 emissions implemented by G20 countries in the period 2000-2017. The analysis show that the impact of various policy instruments is heterogeneous across the carbon emissions distribution. In particular, the...
Persistent link: https://www.econbiz.de/10012250427
Low Emission Zones (LEZs) reduce local air pollution by restricting emission-intensive vehicles from accessing designated areas and have been shown to improve population health. Little is known about the effects of driving restriction policies on other areas of life. This paper studies the...
Persistent link: https://www.econbiz.de/10013415836
The European Structural and Investment Funds (ESIF) are the prime instrument of EU regional policy. European policy … identification strategy linked to modern growth theory, we find that the disbursement of EU structural funds is negatively correlated …. In any case, EU structural funding does not seem to contribute effectively to foster income convergence across regions. …
Persistent link: https://www.econbiz.de/10011440788
Is secular stagnation a valid concern for Euro Area countries? We tackle this question using the well-established Laubach-Williams model to estimate the unobservable equilibrium real interest rate and compare it to the actual real rate. We apply our approach to twelve Euro Area countries, since...
Persistent link: https://www.econbiz.de/10011500118
Due to the demographic change and the concomitant ageing of society, the labor force will reduce in Germany in the following decades. Simultaneously, the demand for informal care will increase as a result of the ageing society. Informal care is assumed being the least expensive form of care and...
Persistent link: https://www.econbiz.de/10011460286