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Pollution Pricing in Equilibrium: Production, Reallocation, and Aggregate Impacts

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NBER2026-08-01 更新2026-09-04 收录
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How much does pricing pollution cut aggregate emissions, and at what cost? We develop a microfounded equilibrium model of firm production and abatement that can be estimated from standard firm financial and emissions data, without observing abatement effort directly. The model captures three

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2026-08-01
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