Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:45:41am WEST
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Daily Overview |
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Emissions Trading 2: ETS Evidence Location: B136 Session Chair: Yinna Chen, Huazhong University of Science and Technology | |
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From Free to Fee: How Allowance Allocation Affects ETS Performance 1: University of Helsinki, Finnish Centre of Excellence in Tax Systems Research; 2: European University Institute This study provides causal firm-level estimates of the effect of a reduction in free emission allowances in emission trading systems on emissions and economic performance. We study an EU ETS reform that withdrew the right of some manufacturing firms to receive most emission allowances for free, exploiting this change in a difference-in-differences setting. We find that paying for allowances decreased emissions by more than 11 percent overall, relative to firms that retained free allowances. This reduction was accompanied by a significant decrease in economic performance, including revenue, employment, and assets of a similar magnitude. Using a multi-product model, we show that our results can be rationalized through an extensive margin adjustment of firms. | |