@article{CrozetHinzStammannetal.2021,
  author    = {Crozet, Matthieu and Hinz, Julian and Stammann, Amrei and Wanner, Joschka},
  title     = {Worth the pain?},
  series = {European economic review},
  volume    = {134},
  journal   = {European economic review},
  publisher = {Elsevier},
  address   = {Amsterdam},
  issn      = {0014-2921},
  doi       = {10.1016/j.euroecorev.2021.103683},
  pages     = {31},
  year      = {2021},
  abstract  = {How do exporting firms react to sanctions? Specifically, which firms are willing — or capable — to serve the market of a sanctioned country? We investigate this question for four sanctions episodes using monthly data on the universe of French exporting firms. We draw on recent econometric advances in the estimation of dynamic fixed effects binary choice models. We find that the introduction of new sanctions in Iran and Russia significantly lowered firm-level probabilities of serving these sanctioned markets, while the (temporary) lifting of the U.S. sanctions on Cuba and the removal of sanctions against Myanmar had no or only small trade-inducing effects, respectively. Additionally, the impact of sanctions is very heterogeneous along firm dimensions and by case particularities. Firms that depend more on trade finance instruments are more strongly affected, while prior experience in the sanctioned country considerably softens the blow of sanctions, and firms can be partly immune to the sanctions effect if they are specialized in serving "crisis countries". Finally, we find suggestive evidence for sanctions avoidance by exporting indirectly via neighboring countries.},
  language  = {en}
}
@article{TroendleLilliestamMarellietal.2020,
  author    = {Tr{\"o}ndle, Tim and Lilliestam, Johan and Marelli, Stefano and Pfenninger, Stefan},
  title     = {Trade-offs between geographic scale, cost, and infrastructure requirements for fully renewable electricity in Europe},
  series = {Joule},
  volume    = {4},
  journal   = {Joule},
  number    = {9},
  publisher = {Cell Press},
  address   = {Cambridge , Mass.},
  issn      = {2542-4351},
  doi       = {10.1016/j.joule.2020.07.018},
  pages     = {1929 -- 1948},
  year      = {2020},
  abstract  = {The European potential for renewable electricity is sufficient to enable fully renewable supply on different scales, from self-sufficient, subnational regions to an interconnected continent. We not only show that a continental-scale system is the cheapest, but also that systems on the national scale and below are possible at cost penalties of 20\% or less. Transmission is key to low cost, but it is not necessary to vastly expand the transmission system. When electricity is transmitted only to balance fluctuations, the transmission grid size is comparable to today's, albeit with expanded cross-border capacities. The largest differences across scales concern land use and thus social acceptance: in the continental system, generation capacity is concentrated on the European periphery, where the best resources are. Regional systems, in contrast, have more dispersed generation. The key trade-off is therefore not between geographic scale and cost, but between scale and the spatial distribution of required generation and transmission infrastructure.},
  language  = {en}
}
@article{vanKleunenEsslPergletal.2018,
  author    = {van Kleunen, Mark and Essl, Franz and Pergl, Jan and Brundu, Giuseppe and Carboni, Marta and Dullinger, Stefan and Early, Regan and Gonzalez-Moreno, Pablo and Groom, Quentin J. M. and Hulme, Philip E. and Kueffer, Christoph and K{\"u}hn, Ingolf and Maguas, Cristina and Maurel, Noelie and Novoa, Ana and Parepa, Madalin and Pysek, Petr and Seebens, Hanno and Tanner, Rob and Touza, Julia and Verbrugge, Laura and Weber, Ewald and Dawson, Wayne and Kreft, Holger and Weigelt, Patrick and Winter, Marten and Klonner, Guenther and Talluto, Matthew V. and Dehnen-Schmutz, Katharina},
  title     = {The changing role of ornamental horticulture in alien plant invasions},
  series = {Biological reviews},
  volume    = {93},
  journal   = {Biological reviews},
  number    = {3},
  publisher = {Wiley},
  address   = {Hoboken},
  issn      = {1464-7931},
  doi       = {10.1111/brv.12402},
  pages     = {1421 -- 1437},
  year      = {2018},
  abstract  = {The number of alien plants escaping from cultivation into native ecosystems is increasing steadily. We provide an overview of the historical, contemporary and potential future roles of ornamental horticulture in plant invasions. We show that currently at least 75\% and 93\% of the global naturalised alien flora is grown in domestic and botanical gardens, respectively. Species grown in gardens also have a larger naturalised range than those that are not. After the Middle Ages, particularly in the 18th and 19th centuries, a global trade network in plants emerged. Since then, cultivated alien species also started to appear in the wild more frequently than non-cultivated aliens globally, particularly during the 19th century. Horticulture still plays a prominent role in current plant introduction, and the monetary value of live-plant imports in different parts of the world is steadily increasing. Historically, botanical gardens - an important component of horticulture - played a major role in displaying, cultivating and distributing new plant discoveries. While the role of botanical gardens in the horticultural supply chain has declined, they are still a significant link, with one-third of institutions involved in retail-plant sales and horticultural research. However, botanical gardens have also become more dependent on commercial nurseries as plant sources, particularly in North America. Plants selected for ornamental purposes are not a random selection of the global flora, and some of the plant characteristics promoted through horticulture, such as fast growth, also promote invasion. Efforts to breed non-invasive plant cultivars are still rare. Socio-economical, technological, and environmental changes will lead to novel patterns of plant introductions and invasion opportunities for the species that are already cultivated. We describe the role that horticulture could play in mediating these changes. We identify current research challenges, and call for more research efforts on the past and current role of horticulture in plant invasions. This is required to develop science-based regulatory frameworks to prevent further plant invasions.},
  language  = {en}
}
@techreport{FranksKalkuhlLessmann2022,
  type      = {Working Paper},
  author    = {Franks, Max and Kalkuhl, Matthias and Lessmann, Kai},
  title     = {Optimal Pricing for Carbon Dioxide Removal Under Inter-Regional Leakage},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {43},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-53808},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-538080},
  pages     = {12},
  year      = {2022},
  abstract  = {Carbon dioxide removal (CDR) moves atmospheric carbon to geological or land-based sinks. In a first-best setting, the optimal use of CDR is achieved by a removal subsidy that equals the optimal carbon tax and marginal damages. We derive second-best subsidies for CDR when no global carbon price exists but a national government implements a unilateral climate policy. We find that the optimal carbon tax differs from an optimal CDR subsidy because of carbon leakage, terms-of-trade and fossil resource rent dynamics. First, the optimal removal subsidy tends to be larger than the carbon tax because of lower supply-side leakage on fossil resource markets. Second, terms-of-trade effects exacerbate this wedge for net resource exporters, implying even larger removal subsidies. Third, the optimal removal subsidy may fall below the carbon tax for resource-poor countries when marginal environmental damages are small.},
  language  = {en}
}