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  1. Foreign demand and greenhouse gas emissions
    empirical evidence with implications for leakage
    Published: [2018]
    Publisher:  Paris-Jourdan Sciences Economiques, Paris

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 331
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Paris School of Economics ; no 2018, 51
    Subjects: globalization; trade and environment; product mix; technological change
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  2. Estimating the effects of regulation when treated and control firms compete
    a new method with application to the EU ETS
    Published: May 2023
    Publisher:  Grantham Research Institute on Climate Change and the Environment, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Centre for Climate Change Economics and Policy working paper ; no. 420
    Grantham Research Institute on Climate Change and the Environment working paper ; no. 396
    Subjects: regulation; spillovers; environment; energy; firms
    Scope: 1 Online-Ressource (circa 87 Seiten)
  3. Estimating the effects of regulation when treated and control firms compete
    a new method with application to the EU ETS
    Published: May 2023
    Publisher:  CESifo, Munich, Germany

    This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
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    This paper presents a method for estimating treatment effects of regulations when treated and control firms compete on the output market. We develop a GMM estimator that recovers reduced-form parameters consistent with a model of differentiated product markets with multi-plant firms, and use these estimates to evaluate counterfactual revenues and emissions. Our procedure recovers unbiased estimates of treatment effects in Monte Carlo experiments, while difference-in-differences estimators and other popular methods do not. In an application, we find that the European carbon market reduced emissions at regulated plants without undermining revenues of regulated firms, relative to an unregulated counterfactual.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279187
    Series: CESifo working papers ; 10438 (2023)
    Subjects: regulation; spillovers; environment; energy; firms
    Scope: 1 Online-Ressource (circa 87 Seiten), Illustrationen
  4. Production function estimation with multi-destination firms
    Published: October 2023
    Publisher:  CESifo, Munich, Germany

    We develop a procedure to estimate production functions, elasticities of demand, and productivity when firms endogenously select into multiple destination markets where they compete imperfectly, and when researchers observe output denominated only in... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
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    We develop a procedure to estimate production functions, elasticities of demand, and productivity when firms endogenously select into multiple destination markets where they compete imperfectly, and when researchers observe output denominated only in value. We show that ignoring the multi-destination dimension (i.e., exporting) yields biased and inconsistent inference. Our estimator extends the two-stage procedure of Gandhi et al. (2020) to this setting, which allows for cross-market complementarities. In Monte Carlo simulations, we show that our estimator is consistent and performs well in finite samples. Using French manufacturing data, we find average total returns to scale greater than 1, average returns to variable inputs less than 1, price elasticities of demand between -21.5 and -3.4, and learning-by-exporting effects between 0 and 4% per year. Alternative estimation procedures yield unrealistic estimates of returns to scale, demand elasticities, or both.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282404
    Series: CESifo working papers ; 10716 (2023)
    Subjects: production function; learning by exporting; trade; productivity
    Scope: 1 Online-Ressource (circa 81 Seiten), Illustrationen
  5. Political competition, learning and the consequences of heterogeneous beliefs for long-run public projects
    Published: 2013
    Publisher:  Grantham Research Institute on Climate Change and the Environment, Grantham

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Grantham Research Institute on Climate Change and the Environment ; 104
    Working papers / Centre for Climate Change Economics and Policy ; 122
    Scope: Online-Ressource (35 S.), graph. Darst.
  6. Policy experimentation, political competition, and heterogeneous beliefs
    Published: 2014
    Publisher:  CESifo, München

    We consider a two period model in which an incumbent political party chooses the level of a current policy variable unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have... more

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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63 (4839)
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    We consider a two period model in which an incumbent political party chooses the level of a current policy variable unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition gives it a new incentive to distort its policies - it manipulates them so as to reduce uncertainty and disagreement in the future, thus avoiding facing competitive elections with an opponent very different from itself. The model thus demonstrates that all incumbents can find it optimal to ‘over experiment’, relative to a counter-factual in which they are sure to be in power in both periods. We thus identify an incentive for strategic policy manipulation that does not depend on self-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/102116
    Series: Array ; 4839
    Scope: Online-Ressource (37 S.)
  7. Emission intensity and firm dynamics
    reallocation, product mix, and technology in India
    Published: June 2016
    Publisher:  Centre for Climate Change Economics and Policy, [Leeds]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Centre for Climate Change Economics and Policy ; no. 275
    Working paper / Grantham Research Institute on Climate Change and the Environment ; no. 245
    Scope: 1 Online-Ressource (circa 77 Seiten), Illustrationen
  8. Confirmation bias and signaling in Downsian elections
    Published: [2017]
    Publisher:  Paris-Jourdan Sciences Economiques, Paris

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 331 (2017,49)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Paris School of Economics ; no 2017, 49
    Subjects: Confirmation bias; electoral competition; pandering; signaling
    Scope: 1 Online-Ressource (circa 23 Seiten), Illustrationen
  9. Beliefs, politics, and environmental policy
    Published: 2015
    Publisher:  Grantham Research Institute on Climate Change and the Environment, Grantham

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Grantham Research Institute on Climate Change and the Environment ; 203
    Working papers / Centre for Climate Change Economics and Policy ; 230
    Subjects: Öffentliche Meinung; Information; Medienwirkung; Lernprozess; Wahlverhalten; Entscheidungsverfahren; Umweltpolitik; Neue politische Ökonomie
    Scope: Online-Ressource (33 S.)
  10. Take a ride on the green side
    how do CDM projects affect Indian manufacturing firms' environmental performance?
    Published: [2021]
    Publisher:  Department of Economics, Umeå University, Umeå, Sweden

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 691
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: CERE working paper ; 2021, 1
    Subjects: additionality; carbon offsets; CDM projects; CO2 emissions; firms’ environmental performance; India; micro level data
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen