Sectors subject to international competition still benefit from free allocation of EU Allowances in Phase III of the EU ETS market. A frontier analysis in the steel industry show that most free permits are allocated to most polluting firms. Hence, we highlight that by protecting the EU steelmakers from international competition, free EUAs lead to a trade-off between the EU climate policy and the competition policy.
Cet article contribue à la littérature sur la « Grande Divergence » en apportant une analyse des causes profondes et immédiates de la croissance économique.
We study optimal government policy in a reference model of public good provision and social approval in a dynamic setting. We show that even if complete adherence to the social norm maximizes social welfare it is by no means necessarily optimal to push society toward it.
Pioneer investigations of the economic consequences of ethnic diversity – a ubiquitous feature of African societies – found a strong and negative correlation. The...
Cette thèse propose une approche transdisciplinaire visant à nourrir les débats suscités par la disponibilité à long terme des matières premières minérales. Elle analyse la plausibilité d’une menace de déplétion de certains métaux clés avant la fin du siècle.