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231004 ||| eng |
020 |
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|a 9798400244667
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100 |
1 |
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|a Cevik, Serhan
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245 |
0 |
0 |
|a Restructuring Reforms for Green Growth
|c Serhan Cevik, João Tovar Jalles
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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300 |
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|a 30 pages
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653 |
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|a Environmental Economics: General
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653 |
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|a Economic & financial crises & disasters
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653 |
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|a Environmental Policy
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653 |
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|a Environmental Conservation and Protection
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653 |
|
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|a Economics
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653 |
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|a Distribution: General
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653 |
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|a Environmental policy & protocols
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653 |
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|a Environmental Economics
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653 |
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|a Natural Disasters and Their Management
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653 |
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|a Environmental economics
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653 |
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|a Economic development
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653 |
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|a Environment
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653 |
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|a Economics: General
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653 |
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|a Climate
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653 |
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|a Climate change
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653 |
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|a Informal sector
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653 |
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|a Macrostructural analysis
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653 |
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|a Environmental sciences
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653 |
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|a Personal Income, Wealth, and Their Distributions
|
653 |
|
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|a Environmental Economics: Government Policy
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653 |
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|a Economics of specific sectors
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653 |
|
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|a Greenhouse gas emissions
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653 |
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|a Currency crises
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653 |
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|a Global Warming
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653 |
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|a Legal Monopolies and Regulation or Deregulation
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653 |
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|a Economic growth
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653 |
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|a Environment and Growth
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653 |
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|a Institutions and the Macroeconomy
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653 |
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|a Macroeconomics
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653 |
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|a Sustainable growth
|
653 |
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|a Economics of Regulation
|
653 |
|
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|a Greenhouse gases
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653 |
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|a Structural reforms
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653 |
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|a Environmental policy
|
700 |
1 |
|
|a Jalles, João Tovar
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9798400244667.001
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2023/120/001.2023.issue-120-en.xml?cid=534313-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a Policymakers across the world are striving to tackle the century-defining challenge of climate change without undermining potential growth. This paper examines the impact of structural reforms in the energy sector (electricity and gas) on enviromental outcomes and green growth indicators in a panel of 25 advanced economies during the period 1970-2020. We obtain striking results. First, while structural reforms so far failed in reducing greenhouse gas emissions per capita, there is some evidence for greater effectiveness in lowering emissions per unit of GDP. Second, although energy reforms are not associated with higher supply of renewable energy as a share of total energy supply, they appear to stimulate a sustained increase in environmental inventions and patents per capita over the medium term. We also find strong evidence of nonlinear effects, with market-friendly energy reforms leading to better environmental outcomes and green growth in countries with stronger environmental regulations. Looking forward, therefore, structural reforms should be designed not just for market efficiency but also for green growth
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