To what extent are EU steel companies susceptible to competitive loss due to climate policy?
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2012.03.052
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Winston Harrington & Richard D. Morgenstern & Peter Nelson, 2000.
"On the accuracy of regulatory cost estimates,"
Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 19(2), pages 297-322.
- Morgenstern, Richard & Harrington, Winston & Nelson, Per-Kristian, 1999. "On the Accuracy of Regulatory Cost Estimates," RFF Working Paper Series dp-99-18, Resources for the Future.
- Harrington, Winston & Morgenstern, Richard D. & Nelson, Peter, 1999. "On the Accuracy of Regulatory Cost Estimates," Discussion Papers 10894, Resources for the Future.
- David L. Levy & Daniel Egan, 2003. "A Neo‐Gramscian Approach to Corporate Political Strategy: Conflict and Accommodation in the Climate Change Negotiations," Journal of Management Studies, Wiley Blackwell, vol. 40(4), pages 803-829, June.
- George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
- Stefan P. Schleicher & Claudia Kettner & Angela Köppl & Gregor Thenius, 2007.
"Stringency and Distribution in the EU Emissions Trading Scheme –The 2005 Evidence,"
Working Papers
2007.22, Fondazione Eni Enrico Mattei.
- Kettner, Claudia & Koppl, Angela & Schleicher, Stefan P. & Thenius, Gregor, 2007. "Stringency and Distribution in the EU Emissions Trading Scheme - The 2005 Evidence," Climate Change Modelling and Policy Working Papers 10262, Fondazione Eni Enrico Mattei (FEEM).
- Jean-Jacques Laffont & Jean Tirole, 1991.
"The Politics of Government Decision-Making: A Theory of Regulatory Capture,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1089-1127.
- Jean-Jacques Laffont & Jean Tirole, 1988. "The Politics of Government Decision-Making: A Theory of Regulatory Capture," Working papers 506, Massachusetts Institute of Technology (MIT), Department of Economics.
- Jean-Jacques LAFFONT & Jean TIROLE, 1990. "The Politics of Government Decision-Making : a Theory of Regulatory Capture," Cahiers de Recherches Economiques du Département d'économie 9004, Université de Lausanne, Faculté des HEC, Département d’économie.
- Cameron Hepburn, 2010.
"Environmental policy, government, and the market,"
Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(4), pages 734-734, Winter.
- Cameron Hepburn, 2010. "Environmental policy, government, and the market," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(2), pages 117-136, Summer.
- Kalt, Joseph P & Zupan, Mark A, 1984. "Capture and Ideology in the Economic Theory of Politics," American Economic Review, American Economic Association, vol. 74(3), pages 279-300, June.
- Dieter Helm, 2010. "Government failure, rent-seeking, and capture: the design of climate change policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(2), pages 182-196, Summer.
- Demailly, Damien & Quirion, Philippe, 2008.
"European Emission Trading Scheme and competitiveness: A case study on the iron and steel industry,"
Energy Economics, Elsevier, vol. 30(4), pages 2009-2027, July.
- D. Demailly & Philippe Quirion, 2008. "European Emission Trading Scheme and competitiveness: A case study on the iron and steel industry," Post-Print hal-00719252, HAL.
- Richard A. Posner, 1974.
"Theories of Economic Regulation,"
Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 335-358, Autumn.
- Richard A. Posner, 1974. "Theories of Economic Regulation," NBER Working Papers 0041, National Bureau of Economic Research, Inc.
- repec:reg:rpubli:103 is not listed on IDEAS
- Peltzman, Sam, 1976.
"Toward a More General Theory of Regulation,"
Journal of Law and Economics, University of Chicago Press, vol. 19(2), pages 211-240, August.
- Sam Peltzman, 1976. "Toward a More General Theory of Regulation," NBER Working Papers 0133, National Bureau of Economic Research, Inc.
- -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Karsten Neuhoff & Kim Keats Martinez & Misato Sato, 2006.
"Allocation, incentives and distortions: the impact of EU ETS emissions allowance allocations to the electricity sector,"
Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 73-91, January.
- Karsten Neuhoff & Kim Keats Martínez & Misato Sato, 2006. "Allocation, Incentives and Distortions: The Impact of EU ETS Emissions Allowance Allocations to the Electricity Sector," Working Papers EPRG 0618, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Neuhoff, K. & Keats, K. & Sato, M., 2006. "Allocation, incentives and distortions: the impact of EU ETS emissions allowance allocations to the electricity sector," Cambridge Working Papers in Economics 0642, Faculty of Economics, University of Cambridge.
- Clyde, Paul S & Reitzes, James D, 1998. "Market Power and Collusion in the Ocean Shipping Industry: Is a Bigger Cartel a Better Cartel?," Economic Inquiry, Western Economic Association International, vol. 36(2), pages 292-304, April.
- Stigler, George J., 2011.
"Economics of Information,"
Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
- George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69(3), pages 213-213.
- Ellerman,A. Denny & Buchner,Barbara K. & Carraro,Carlo (ed.), 2007. "Allocation in the European Emissions Trading Scheme," Cambridge Books, Cambridge University Press, number 9780521875684, January.
- Christophe Crombez, 2002. "Information, Lobbying and the Legislative Process in the European Union," European Union Politics, , vol. 3(1), pages 7-32, March.
- Hahn, Robert W, 1990. "The Political Economy of Environmental Regulation: Towards a Unifying Framework," Public Choice, Springer, vol. 65(1), pages 21-47, April.
- Robin Smale & Murray Hartley & Cameron Hepburn & John Ward & Michael Grubb, 2006. "The impact of CO 2 emissions trading on firm profits and market prices," Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 31-48, January.
- Levy, David L. & Kolk, Ans, 2002. "Strategic Responses to Global Climate Change: Conflicting Pressures on Multinationals in the Oil Industry," Business and Politics, Cambridge University Press, vol. 4(3), pages 275-300, November.
- Levy David L. & Kolk Ans, 2002. "Strategic Responses to Global Climate Change: Conflicting Pressures on Multinationals in the Oil Industry," Business and Politics, De Gruyter, vol. 4(3), pages 1-27, November.
- Adam Jaffe & Richard Newell & Robert Stavins, 2002. "Environmental Policy and Technological Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 41-70, June.
- Potters, Jan & van Winden, Frans, 1992. "Lobbying and Asymmetric Information," Public Choice, Springer, vol. 74(3), pages 269-292, October.
- Irja Vormedal, 2008. "The Influence of Business and Industry NGOs in the Negotiation of the Kyoto Mechanisms: the Case of Carbon Capture and Storage in the CDM," Global Environmental Politics, MIT Press, vol. 8(4), pages 36-65, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Peter Newell, 2020. "The business of rapid transition," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.
- Zhang, Yue-Jun & Wang, Wei, 2021. "How does China's carbon emissions trading (CET) policy affect the investment of CET-covered enterprises?," Energy Economics, Elsevier, vol. 98(C).
- Morfeldt, Johannes & Silveira, Semida, 2014. "Methodological differences behind energy statistics for steel production – Implications when monitoring energy efficiency," Energy, Elsevier, vol. 77(C), pages 391-396.
- Kristina Söderholm & Ann-Kristin Bergquist, 2013. "Growing Green and Competitive—A Case Study of a Swedish Pulp Mill," Sustainability, MDPI, vol. 5(5), pages 1-17, April.
- Andersson, Tommy D. & Lundberg, Erik, 2013. "Commensurability and sustainability: Triple impact assessments of a tourism event," Tourism Management, Elsevier, vol. 37(C), pages 99-109.
- Maria-Eugenia Sanin & Sylvain Sourisseau, 2019. "Pervasive EUAs free allocation: the case of the steel industry," Documents de recherche 19-06, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Gao, Shiya & Guan, Xin & Tang, Run & Zhu, Junfan & Wang, Zeyu & Xu, Wei, 2023. "Resource curse, economic efficiency and green recovery based on three-subject framework," Resources Policy, Elsevier, vol. 85(PB).
- Yu, Yu & Wang, Derek D. & Li, Shanling & Shi, Qinfen, 2016. "Assessment of U.S. firm-level climate change performance and strategy," Energy Policy, Elsevier, vol. 92(C), pages 432-443.
- Antimiani, Alessandro & Costantini, Valeria & Kuik, Onno & Paglialunga, Elena, 2016. "Mitigation of adverse effects on competitiveness and leakage of unilateral EU climate policy: An assessment of policy instruments," Ecological Economics, Elsevier, vol. 128(C), pages 246-259.
- Preis, Philipp, 2023. "Turning German Steel Production Green: Quantifying Diffusion Scenarios for Hydrogen-Based Steelmaking and Policy Implications," Junior Management Science (JUMS), Junior Management Science e. V., vol. 8(3), pages 682-716.
- Skoczkowski, Tadeusz & Verdolini, Elena & Bielecki, Sławomir & Kochański, Max & Korczak, Katarzyna & Węglarz, Arkadiusz, 2020. "Technology innovation system analysis of decarbonisation options in the EU steel industry," Energy, Elsevier, vol. 212(C).
- Broeren, M.L.M. & Saygin, D. & Patel, M.K., 2014. "Forecasting global developments in the basic chemical industry for environmental policy analysis," Energy Policy, Elsevier, vol. 64(C), pages 273-287.
- Bergquist, Ann-Kristin & Söderholm, Kristina & Kinneryd, Hanna & Lindmark, Magnus & Söderholm, Patrik, 2013. "Command-and-control revisited: Environmental compliance and technological change in Swedish industry 1970–1990," Ecological Economics, Elsevier, vol. 85(C), pages 6-19.
- Tan, Xiujie & Liu, Yu & Cui, Jingbo & Su, Bin, 2018. "Assessment of carbon leakage by channels: An approach combining CGE model and decomposition analysis," Energy Economics, Elsevier, vol. 74(C), pages 535-545.
- Tang, Weiqi & Meng, Bo & Wu, Libo & Liu, Yu, 2016. "Undermined climate policies : a study on the impact of regulatory and financial discrimination across heterogeneous firms in China," IDE Discussion Papers 622, Institute of Developing Economies, Japan External Trade Organization(JETRO).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Philippe Quirion & Damien Demailly, 2008.
"Changing the Allocation Rules in the EU ETS: Impact on Competitiveness and Economic Efficiency,"
Working Papers
2008.89, Fondazione Eni Enrico Mattei.
- Demailly, Damien & Quirion, Philippe, 2008. "Changing the Allocation Rules in the EU ETS: Impact on Competitiveness and Economic Efficiency," Climate Change Modelling and Policy Working Papers 46623, Fondazione Eni Enrico Mattei (FEEM).
- Irja Vormedal & Lars H. Gulbrandsen & Jon Birger Skjærseth, 2020. "Big Oil and Climate Regulation: Business as Usual or a Changing Business?," Global Environmental Politics, MIT Press, vol. 20(4), pages 143-166, Autumn.
- Berg, Sanford V. & Jiang, Liangliang & Lin, Chen, 2012.
"Regulation and corporate corruption: New evidence from the telecom sector,"
Journal of Comparative Economics, Elsevier, vol. 40(1), pages 22-43.
- Berg, Sanford V & Jiang, Liangliang & Lin, Chen, 2011. "Regulation and corporate corruption: new evidence from the telecom sector," MPRA Paper 32947, University Library of Munich, Germany.
- Estache, Antonio & Wren-Lewis, Liam, 2010.
"What Anti-Corruption Policy Can Learn from Theories of Sector Regulation,"
CEPR Discussion Papers
8082, C.E.P.R. Discussion Papers.
- Antonio Estache & Liam Wren-Lewis, 2010. "What Anti-Corruption Policy Can Learn from Theories of Sector Regulation," Working Papers ECARES ECARES 2010-033, ULB -- Universite Libre de Bruxelles.
- Keohane, Nathaniel O. & Revesz, Richard L. & Stavins, Robert N., 1997.
"The Positive Political Economy of Instrument Choice in Environmental Policy,"
Discussion Papers
10759, Resources for the Future.
- Stavins, Robert & Keohane, Nathaniel & Revesz, Richard, 1997. "The Positive Political Economy of Instrument Choice in Environmental Policy," RFF Working Paper Series dp-97-25, Resources for the Future.
- Jensen, Olivia & Wu, Xun, 2017. "The hybrid model for economic regulation of water utilities: Mission impossible?," Utilities Policy, Elsevier, vol. 48(C), pages 122-131.
- Antonio Estache & Liam Wren-Lewis, 2011. "Anti-Corruption Policy in Theories of Sector Regulation," Chapters, in: Susan Rose-Ackerman & Tina Søreide (ed.), International Handbook on the Economics of Corruption, Volume Two, chapter 9, Edward Elgar Publishing.
- Duso, Tomaso & Seldeslachts, Jo, 2010. "The political economy of mobile telecommunications liberalization: Evidence from the OECD countries," Journal of Comparative Economics, Elsevier, vol. 38(2), pages 199-216, June.
- Anger, Niels & Oberndorfer, Ulrich, 2008. "Firm performance and employment in the EU emissions trading scheme: An empirical assessment for Germany," Energy Policy, Elsevier, vol. 36(1), pages 12-22, January.
- Ando, Amy, 1998.
"Delay on the Path to the Endangered Species List: Do Costs and Benefits Matter,"
RFF Working Paper Series
dp-97-43-rev, Resources for the Future.
- Ando, Amy Whritenour, 1999. "Delay on the Path to the Endangered Species List: Do Costs and Benefits Matter?," Discussion Papers 10564, Resources for the Future.
- Çetin, Tamer & Yasin Eryigit, Kadir, 2013. "The economic effects of government regulation: Evidence from the New York taxicab market," Transport Policy, Elsevier, vol. 25(C), pages 169-177.
- Hellman, Joel S. & Jones, Geraint & Kaufmann, Daniel, 2003. "Seize the state, seize the day: state capture and influence in transition economies," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 751-773, December.
- Venmans, Frank, 2012. "A literature-based multi-criteria evaluation of the EU ETS," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 5493-5510.
- Stavins, Robert, 2004.
"Introduction to the Political Economy of Environmental Regulations,"
RFF Working Paper Series
dp-04-12, Resources for the Future.
- Stavins, Robert N., 2004. "Introduction to the Political Economy of Environmental Regulations," Discussion Papers 10876, Resources for the Future.
- Stavins, Robert, 2004. "Introduction to the Political Economy of Environmental Regulation," Working Paper Series rwp04-004, Harvard University, John F. Kennedy School of Government.
- Simshauser, Paul & Akimov, Alexandr, 2019.
"Regulated electricity networks, investment mistakes in retrospect and stranded assets under uncertainty,"
Energy Economics, Elsevier, vol. 81(C), pages 117-133.
- Simshauser, P. & Akimov, A., 2018. "Regulated electricity networks, investment mistakes in retrospect and stranded assets under uncertainty," Cambridge Working Papers in Economics 1853, Faculty of Economics, University of Cambridge.
- Paul Simshauser & Alexandr Akimov, 2018. "Regulated electricity networks, investment mistakes in retrospect and stranded assets under uncertainty," Working Papers EPRG 1828, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Oberndorfer, Ulrich, 2009. "EU Emission Allowances and the stock market: Evidence from the electricity industry," Ecological Economics, Elsevier, vol. 68(4), pages 1116-1126, February.
- Alejandro Castaneda, 2020. "Cronies, Rents, and Import Licenses: Non-tariff Trade Controls throughout Import Substitution Industrialization (ISI) in Mexico," Tiempo y Economía, Universidad de Bogotá Jorge Tadeo Lozano, vol. 7(2), pages 90-118, July.
- Bellanger, Manuel & Fonner, Robert & Holland, Daniel S. & Libecap, Gary D. & Lipton, Douglas W. & Scemama, Pierre & Speir, Cameron & Thébaud, Olivier, 2021.
"Cross-sectoral externalities related to natural resources and ecosystem services,"
Ecological Economics, Elsevier, vol. 184(C).
- Manuel Bellanger & Robert Fonner & Daniel Holland & Gary Libecap & Douglas Lipton & Pierre Scemama & Cameron Speir & Olivier Thébaud, 2021. "Cross-sectoral externalities related to natural resources and ecosystem services," Post-Print hal-04203091, HAL.
- Manuel Bellanger & Robert Fonner & Daniel S. Holland & Gary D. Libecap & Douglas W. Lipton & Pierre Scemama & Cameron Speir & Olivier Thébaud, 2021. "Cross-sectoral Externalities Related to Natural Resources and Ecosystem Services," NBER Working Papers 28480, National Bureau of Economic Research, Inc.
- Wallace E. Oates & Paul R. Portney & Wallace E. Oates & Paul R. Portney, 2004.
"The Political Economy of Environmental Policy,"
Chapters, in: Environmental Policy and Fiscal Federalism, chapter 1, pages 3-30,
Edward Elgar Publishing.
- Oates, Wallace E. & Portney, Paul R., 2003. "The political economy of environmental policy," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 8, pages 325-354, Elsevier.
- Oates, Wallace E. & Portney, Paul R., 2001. "The Political Economy of Environmental Policy," Discussion Papers 10849, Resources for the Future.
- Portney, Paul & Oates, Wallace, 2001. "The Political Economy of Environmental Policy," RFF Working Paper Series dp-01-55, Resources for the Future.
- Connelly, J. Thomas & Limpaphayom, Piman & Nguyen, Hien T. & Tran, Thanh D., 2017. "A tale of two cities: Economic development, corporate governance and firm value in Vietnam," Research in International Business and Finance, Elsevier, vol. 42(C), pages 102-123.
More about this item
Keywords
Climate policy; EU-ETS; Steel companies;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:46:y:2012:i:c:p:203-215. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.