The assessment of climate change mitigation policies mainly depends on three not mutually exclusive modeling decisions: First, the chosen discount rate, since costs are incurred today and long-term benefi ts…
Since the problem of climate change has drawn attention both in political and academic agenda, the question of how much people are willing to pay for the mitigation of global warming has been a subject of keen…
At times, the term structural change has been used largely in debates regarding increasing unemployment in industrial nations because of movements of industries into low-wage countries. Therefore, structural…
In this paper we analyze the relationship between capital and energy through cross price elasticities. First, we extend Thomsen's (2000) methodology in order to link the short and long run in a panel data…
Since the introduction of the EU Emissions Trading System (EU ETS) in 2005, a new area of research has developed within the field of applied econometrics: Carbon Finance. Carbon Finance focuses on the analysis…
