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  1. Competitiveness and investments under emissions trading
    Published: [2022]
    Publisher:  Tinbergen Institute, Amsterdam, The Netherlands

    We study the effects of the EU Emissions Trading System (ETS) on employment and profits as well as on the investment decisions of Dutch manufacturing firms. Motivated both by sizable differences between firms that are regulated in different phases... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 432
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    We study the effects of the EU Emissions Trading System (ETS) on employment and profits as well as on the investment decisions of Dutch manufacturing firms. Motivated both by sizable differences between firms that are regulated in different phases and by the gradual increase in regulatory stringency, we pay close attention to treatment effect heterogeneity between firms and over time. We use microdata from Statistics Netherlands to apply two difference-in-differences (DiD) estimators: (1) a matched twoway fixed effects regression and (2) a recently developed, more flexible DiD method, designed for staggered treatment and treatment effect heterogeneity. We find that firms that were first regulated in phase 1 and 2 experience temporary employment losses of between 7 to 9% early in the regulation, but we do not find conclusive evidence for changes in profits. Firms that were regulated the earliest reduced their investments throughout all phases.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265837
    Series: Array ; TI 2022, 061
    Subjects: Emissions trading; Environmental regulation; Staggered Differencein-Differences; Treatment heterogeneity; Manufacturing
    Scope: 1 Online-Ressource (circa 94 Seiten), Illustrationen
  2. Agglomeration, pollution, and migration
    a substantial link, and policy design
    Published: December 2022
    Publisher:  Zentrum für Entwicklungsforschung (ZEF), Center for Development Research, Bonn

    We study a developing countries setting in which agglomeration efficiency of urban production attracts rural-to-urban migration, whereas urban pollution deters rural-to-urban migration. By means of a general equilibrium model we study the formation... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 48
    No inter-library loan

     

    We study a developing countries setting in which agglomeration efficiency of urban production attracts rural-to-urban migration, whereas urban pollution deters rural-to-urban migration. By means of a general equilibrium model we study the formation of policies aimed at striking a socially optimal balance between supporting efficient levels of urban agglomeration and mitigating urban pollution in the presence of endogenous rural-to-urban migration. We show that without government intervention, although rural-to-urban migration contributes to agglomeration economies, it does not improve social welfare because it also exacerbates environmental degradation. We also show that urban pollution problems cannot be resolved by means of environmental regulation alone: for example, an emissions tax aimed at curbing urban pollution can backfire as and when it increases the appeal of rural-to-urban migration. A policy of emissions tax in conjunction with a subsidy to rural individuals is an effective means of enhancing urban productivity while reducing urban pollution.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/268097
    Series: ZEF-discussion papers on development policy ; no. 321
    Subjects: Rural-to-urban migration; Industrial emissions; Polluting urban agglomeration; Environmental regulation; Policy formation
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  3. Environmental regulation promotes green technological diversification
    evidence from Chinese cities
    Published: [2022]
    Publisher:  Utrecht University, Human Geography and Planning, [Utrecht]

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    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 748
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Papers in evolutionary economic geography ; # 22, 26
    Subjects: Environmental regulation; Technology diversification; Green innovation; Relatedness; Complexity
    Scope: 1 Online-Ressource (circa 23 Seiten), Illustrationen