Pontificia Universidad Católica de Chile

Funding Inclusive Green Transition through Greenhouse Gas Pricing

Submitted by Anonymous (not verified) on

2015 was a special year. During a few months the political
stars aligned and made it possible for the international
community to agree on the Agenda 2030
for Sustainable Development and the Paris Agreement
to limit global warming. Now the signatories need to
find ways to implement these agreements, which not
only imply a deep decarbonization of the economy but
must also meet the Sustainable Development Goals.
In this article we discuss the importance of pricing
greenhouse gas (GHG) emissions2 to make this happen.

Carbon Pricing, Climate Change, Policy Design

Semi‐Parametric Generalized Additive Vector Autoregressive Models of Spatial Basis Dynamics

Submitted by César Salazar on
EfD Authors:

An extensive line of research has examined linkages among spatially‐distinct markets. We apply semi‐parametric, generalized additive vector autoregressive models to a consideration of basis linkages among North Carolina corn and soybean markets. An extensive suite of linearity tests suggests that basis and price relationships are nonlinear. Marginal effects, transmission elasticities, and generalized impulse responses are utilized to describe patterns of adjustment among markets.

Agriculture