| dc.contributor.author | BORGHESI, Simone | |
| dc.contributor.author | DE FRANCO, Chiara | |
| dc.contributor.author | MARIN, Giovanni | |
| dc.date.accessioned | 2019-02-05T14:14:54Z | |
| dc.date.available | 2019-02-05T14:14:54Z | |
| dc.date.issued | 2020 | |
| dc.identifier.citation | The Scandinavian journal of economics, 2020, Vol. 122, No. 1, pp. 219-256 | en |
| dc.identifier.issn | 0347-0520 | |
| dc.identifier.issn | 1467-9442 | |
| dc.identifier.uri | https://hdl.handle.net/1814/60849 | |
| dc.description | First published: 12 August 2018 | en |
| dc.description.abstract | We consider the role played by the EU Emission Trading System (EU ETS) as a possible driver of outward Foreign Direct Investments (FDI) for Italian manufacturing firms. Using a panel dataset of about 22,000 firms covering the first two phases of the EU ETS and the pre-EU ETS period, we measure the patterns of FDI towards countries not covered by EU ETS. Results show that the EU ETS had a weak effect on the number of new subsidiaries abroad (extensive margin), while it had a larger impact on production taking place in foreign subsidiaries (intensive margin), especially in trade-intensive sectors. | en |
| dc.language.iso | en | en |
| dc.publisher | Wiley | en |
| dc.relation.ispartof | The Scandinavian journal of economics | en |
| dc.relation.ispartofseries | [Florence School of Regulation] | en |
| dc.relation.ispartofseries | [Climate] | en |
| dc.title | Outward foreign direct investments patterns of Italian firms in the EU ETS | en |
| dc.type | Article | en |
| dc.identifier.doi | 10.1111/sjoe.12323 | |
| eui.subscribe.skip | true | |