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The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target: The Role of Firm Creation and Technology Adoption

Finkelstein Shapiro, Alan; Metcalf, Gilbert E. - 2021

We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: firm creation and green...

Persistent link: https://www.econbiz.de/10012605975

Impact of climate smart agriculture on food security: an agent-based analysis

Bazzana, Davide; Foltz, Jeremy D.; Zhang, Ying - 2021

The study proposes an agent-based model to investigate how adoption of climate smart agriculture (CSA) affects food security. The analysis investigates the role of social and ecological pressures (i.e. community network, climate change and environmental externalities) on the adoption of physical...

Persistent link: https://www.econbiz.de/10012605976

Green credit policy and total factor productivity: Evidence from Chinese listed companies

Guo, Shu; Zhang, ZhongXiang - 2022

the GCG2012 can improve the economic performance of firms in green credit restricted industries. Overall, this study …

Persistent link: https://www.econbiz.de/10013353583

Anatomy of Green Specialisation: Evidence from EU Production Data, 1995-2015

Vona, Francesco; Bontadini, Francesco - 2022

We study green specialisation across EU countries and detailed 4-digit industrial sectors over the period of 1995-2015 by harmonizing product-level data (PRODCOM). We propose a new list of green goods that refines lists proposed by international organizations by excluding goods with double...

Persistent link: https://www.econbiz.de/10013353584

Digging into the Technological Dimension of Environmental Productivity

Belloc, Filippo; Valentini, Edilio - 2022

We propose a mixture model approach to identify locally optimal technologies and to dissect environmental productivity (output produced per unit of emission) into a technological and a managerial component. For a large sample of plants covered by the EU ETS, we find that the share of plants...

Persistent link: https://www.econbiz.de/10013470520

China's Carbon Market: Development, Evaluation, Coordination of Local and National Carbon Markets and Common Prosperity

Zhang, ZhongXiang - 2022

To achieve the commitments to both carbon peaking and carbon neutrality, China should focus on those policies of significant impact on emissions reduction at the lowest cost. Launching the national carbon market with the power generation sector is a good start point in this direction. Since its...

Persistent link: https://www.econbiz.de/10013470521

Can electricity liberalisation foster the development of radical clean-energy technologies?

Romagnoli, Matteo - 2022

The paper investigates the effect of electricity liberalisation on the variety of clean energy patent' search space to asses whether a more competitive electricity market can foster the development of radical clean-energy technologies. This idea is tested using a cross-section of patents filed...

Persistent link: https://www.econbiz.de/10013470535

Climatic fluctuations and the diffusion of agriculture

Ashraf, Quamrul; Michalopoulos, Stelios - 2013

This research examines variations in the diffusion of agriculture across countries and archaeological sites. The theory suggests that a society´s history of climatic shocks shaped the timing of its adoption of farming. Specifically, as long as climatic disturbances did not lead to a collapse of...

Persistent link: https://www.econbiz.de/10010420257

Emissions Markets with Price Stabilizing Mechanisms: Possible Unpleasant Outcomes

Casini, Paolo; Valentini, Edilio - 2019

There is a large consensus that low levels of carbon price cannot provide adequate incentives to invest in cleaner technologies and abate emissions. Since carbon demand and price tend to decrease during recessions, economists and policy makers have proposed different types of price stabilizing...

Persistent link: https://www.econbiz.de/10012146434

The value of top-down communication for organizational performance

Brandes, Leif; Darai, Donja - 2014

We design a laboratory experiment to identify causal performance effects of top-down communication between managers and …-world organizations and associate it with reduced organizational performance. Our results confirm this observation. We find that top …-down communication is a profitable way for managers to increase employee performance in the presence of uncertainty. Specifically, we …

Persistent link: https://www.econbiz.de/10011282490