Publications of the Research Unit Environmental and Climate Economics

  1. ZEW Discussion Paper No. 03-59 // 2003

    The Role of Transaction Costs and Risk Premia in the Determination of Climate Change Policy Responses

    Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and emissions trading. However, they can have a significant influence. With regard to the…

  2. ZEW Discussion Paper No. 03-22 // 2003

    Economic Implications of Alternative Allocation Schemes for Emission Allowances

    Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission allowances to energy-intensive industries in order to ameliorate adverse production and…

  3. ZEW Economic Studies Vol. 21 // 2003

    Employment Impacts of Cleaner Production

    An empirical analysis of the factors that determine the employment impact of environmental innovations. The multivariate estimations are based on a methodology taking direct and indirect employment effects on…

  4. Contributions to Edited Volumes and Conference Proceedings // 2003

    The Emergence of Lead Markets for Environmental Innovations