Publications of the Chair

Carbon taxation in a global production network

2025
Authors :
Jordi Planelles, María-Eugenia Sanin

Herein we study carbon taxation considering the structure of the global production network. With this purpose we characterize how the implementation of a carbon tax in one country-sector can generate sizeable fluctuations on global emissions and welfare through its impact on the structure of production.

Regulatory impact on Quality of Electricity Distribution Services. The case of Latin America and the Caribbean

2024
Authors :
Mariana Weiss, Pauline Ravillard, Maria Eugenia Sanin, Franco Carvajal, Yuri Daltro, Enrique Chueca Enrique Chueca, Michelle Hallack

In this study, we empirically estimate the impact of quality regulation based on economic incentives on the frequency and duration of power outages. Our results show that on average, private firms had a better quality performance, but the worst performing firms in the region were also private. Our results advocate for more quality regulation.

Main challenges regarding development and sustainability in economics and finance

2025
Authors :
Stéphane Goutte, Maria-Eugenia Sanin

Balancing development and climate sustainability is a critical issue confronting nations worldwide. This is the core focus of our new journal, Development and Sustainability in Economics and Finance (DSEF). This article provides an initial overview of the type of research DSEF seeks to publish.

Mission Accomplished? A Post-Assessment of EU ETS Impact on Power Sector Emissions

2024
Authors :
Mohammadehsan Eslah, Anna Creti, María-Eugenia Sanin

This paper leverages a new method in the construction of credible counterfactuals for causal inference. This paper adopts a Bayesian structural time series (BSTS) modeling framework alongside a set of contemporaneous predictors related to power sector emissions to build counterfactual estimates of emissions for each post-intervention period and analyze the policy implementation effect by...

Délocalisations dans un contexte d’échanges internationaux et de concurrence imparfaite: Quels sont les impacts des délocalisations en fonction de la qualité environnementale de la technologie utilisée

2024
Authors :
Julie Ing, Jean-Philippe Nicolaï

Cet article étudie dans le cadre d’un modèle d’équilibre partiel à deux pays, le Nord et le Sud, les effets du changement de localisation des entreprises dans un contexte de concurrence internationale et imparfaite. 

Un policy-mix vert pour l’Europe

2024
Authors :
Jézabel Couppey-Soubeyran, Wojtek Kalinowski, Dominique Plihon

Si elle ne veut pas se désintégrer sous la pression de multiples crises internes et externes, l’Europe politique doit adapter sa gouvernance économique aux défis qui l’attendent. Certaines formes de coordination économique peuvent émerger dans le cadre juridique actuel, d’autres exigeraient une réforme des traités européens.

 

Assessing the Impact of Climate Extreme Events and Conflicts on Internal Displacement in Burkina Faso

2025
Authors :
Koffi Adzavon, Safiétou Sanfo, Ossadzifo Wonyra, Christine Furst

This study investigates the dynamic relationship between climate extreme events, conflicts, and internal displacement in Burkina Faso. Using monthly data on floods, storms, violent and non-violent conflicts, and demonstrations from 2018 to 2022, the analysis shows that, unlike storms, floods have affected all regions of the country. This study highlights the need for effective conflict management...

Individual versus group-level agglomeration bonuses to conserve biodiversity

2025
Authors :
François Bareille, Raphaël Soubeyran

Agglomeration bonuses (ABs) are payments conditional on the contiguity of landowners’ conservation areas. It is widely accepted that, by encouraging landowners to cooperate, ABs promote more cost-effective biodiversity conservation than instruments targeting landowners individually. This article challenges this conclusion by studying the impacts of different AB designs, some of which explicitly aim to enhance...

Wealth inequality and carbon inequality

2025
Authors :
Alpha Ly, Ablam Estel Apeti, Bao-We-Wal Bambe, Eyah Denise Edoh

This paper advances the issue about the richest people contributing disproportionately to the increase in CO2 emissions, and thus to global warming by providing robust econometric validity. The method aims at. examining the effect of wealth accumulation on carbon emissions. Our regression estimates support the hypothesis that wealth concentration significantly increases carbon...

Power constraints and firm-level total factor productivity in developing countries

2024
Authors :
Ablam Estel Apeti, Alpha Ly

We analyze the effects of power constraints on manufacturing firms’ TFPR. Statistically, the power constraints treatment variable is not random for the firms. Power constraints negatively and significantly affect firm-level TFPR. Average productivity 11% lower for exposed firms compared to unexposed firms. The acquisition of backup generators or investment in R&D mitigates this...