Publications of the Research Unit Environmental and Climate Economics

  1. ZEW policy brief No. 15-05 // 2015

    The Road to Paris: Towards a Fair and Effective Climate Agreement?

    Even in situations of uncertainty, early and credible commitments like "intended nationally determined contributions" (INDCs) serve as important signals for future climate cooperation. Given that situations and…

  2. ZEW Discussion Paper No. 15-079 // 2015

    Second-Best Analysis of European Energy Policy: Is One Bird in the Hand Worth Two in the Bush?

    This paper studies policy instruments that correct insufficient learning-by-doing (LbD) and research and development (R&D) of renewable electricity technologies and insufficient investments in energy efficiency…

  3. ZEW Discussion Paper No. 15-076 // 2015

    The Impact of Administrative Transaction Costs in the EU Emissions Trading System

    This paper empirically investigates the impact of transaction costs for monitoring, reporting, and verification (MRV) of emissions on companies regulated by the EU Emissions Trading System (EU ETS) in Germany.…

  4. Refereed Journal // 2015

    Ökonomische Herausforderungen des Klimawandels

    In diesem Überblicksartikel befassen sich Wolfgang Buchholz und Peter Heindl mit zentralen Themen einer „Ökonomik des Klimawandels“. Sie skizzieren zunächst ein idealtypisches Szenario, innerhalb dessen…

  5. Discussion and Working Paper // 2015

    A randomness test for functional panels

    Functional panels are collections of functional time series, and arise often in the study of high frequency multivariate data. We develop a portmanteau style test to determine if the cross-sections of such a…