![]() ![]() Typically, access is provided across an institutional network to a range of IP addresses. If you are a member of an institution with an active account, you may be able to access content in one of the following ways: Get help with access Institutional accessĪccess to content on Oxford Academic is often provided through institutional subscriptions and purchases. Still, a non-trivial tax would likely increase welfare. Incomplete pass-through would likely erode the environmental benefits of an incremental carbon tax, shifting the tax burden towards upstream railroads. climate damages by $11.9 billion, compared to a counterfactual where markups did not change. My results imply that decreases in coal markups have increased recent U.S. I find that rail carriers reduce coal markups when downstream power plant demand changes due to a drop in the price of natural gas (a competing fuel). I identify markups in a major intermediate goods market using both reduced-form and structural methods. This article estimates how coal-by-rail markups respond to changes in coal demand. coal markets exhibit an additional distortion: the railroads that transport coal to power plants can exert market power. Doing so would significantly affect coal, the most carbon-intensive energy source. Economists have widely endorsed pricing CO 2 emissions to internalize climate change-related externalities. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |