We scrutinize the impact of international productivity gains (spillovers) induced by imports and exports on optimal tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a)…
We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains depending on various determinants of Southern absorptive capacity. We use the novel World…
The iron and steel industry is one of the most carbon emitting and energy consuming sectors in Europe. At the same time this sector is of high economic importance for the European Union. Therefore, while public…
To make predictions with theories, usually we assume an individual's characteristics such as uncertainty preferences to be stable over time. In this paper, we analyze the stability of ambiguity preferences…
The German electricity market is changing fundamentally as renewable energy replaces conventional sources. Simultaneously, regional imbalances between generation and consumption are appearing. The authors sketch…
Sectoral heterogeneity is crucial to address several economic questions. This pap er provides a detailed mapping of sectoral pro duction p ossibility frontiers, using different nesting structures and levels of…
Climate change is one of the most pressing challenges in current environmental policy. Appropriate policies intended to stimulate efficient adaptation and mitigation should not exclusively rely on the assumption…
In this paper, we investigate the rebound effect of an energy efficiency improvement in the provision of private transport services by German households. In the process, we take into account that household…
