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Carbon costs and industrial firm performance: Evidence from international microdata

Arjan Trinks () and Erik Hille
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Arjan Trinks: CPB Netherlands Bureau for Economic Policy Analysis

No 445, CPB Discussion Paper from CPB Netherlands Bureau for Economic Policy Analysis

Abstract: Entrepreneurs seem to be adapting their business operations to climate policy, instead of relocating their business to countries without or with less stringent climate policies. There is little to no evidence that climate policy has depressed the profit, productivity or turnover of an average industrial firm. This follows from a CPB study into the effect of carbon costs for approximately 3 million firms in 32 countries between 2000 and 2019.

JEL-codes: D22 H23 Q41 Q48 Q52 Q58 (search for similar items in EconPapers)
Date: 2023-04
New Economics Papers: this item is included in nep-agr, nep-bec, nep-eff, nep-ene, nep-ent, nep-env and nep-sbm
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Citations: View citations in EconPapers (1)

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Working Paper: Carbon Costs and Industrial Firm Performance: Evidence from International Microdata (2023) Downloads
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DOI: 10.34932/e4j6-sg87

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