Applied Research in Environmental Economics

Sustainable development, climate policy, and biodiversity conservation are examples of issues on the current political agenda in many countries. These themes are also subject to economic research, and economic insights are increasingly finding their way i

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ZEW Economic Studies

Further volumes of this series can be found at our homepage: springeronline.com/series/4041 Vol. 12: W. Smolny Endogenous Innovations and Knowledge Spillovers A Theoretical and Empirical Analysis 2000. VIII, 277 pp. ISBN 3-7908-1320-6 Vol. 13: M. Lechner, F. Pfeiffer (Eds.) Econometric Evaluation of Labour Market Policies 2001. X, 242 pp. ISBN 3-7908-1372-9 Vol. 14: M. Beise Lead Markets Country-Specific Success Factors of the Global Diffusion of Innovations 2001. XVI, 305 pp. ISBN 3-7908-1430-X Vol. 15: O. H. Jacobs, C. Spengel Effective Tax Burden in Europe Current Situation, Past Developments and Simulations of Reforms 2002. X, 131 pp. ISBN 3-7908-1470-9 Vol. 16: U. Kaiser Innovation, Employment, and Firm Performance in the German Service Sector 2002. X, 164 pp. ISBN 3-7908-1481-4 Vol. 17: J. Kæke Corporate Governance in Germany An Empirical Investigation 2002. VIII, 184 pp. ISBN 3-7908-1511-X Vol. 18: E. Wolf What Hampers Part-Time Work? An Empirical Analysis of Wages, Hours Restrictions and Employment from a Dutch-German Perspective 2003. X, 174 pp. ISBN 3-7908-0006-6 Vol. 19: P. Cecchini et al. (Eds.) The Incomplete European Market for Financial Services 2003. XII, 255 pp. ISBN 3-7908-0013-9 Vol. 20: C. Bæhringer, A. Læschel (Eds.) Empirical Modeling of the Economy and the Environment 2003. VI, 326 pp. ISBN 3-7908-0078-3 Vol. 21: K. Rennings, T. Zwick (Eds.) Employment Impacts of Cleaner Production 2003. VIII, 322 pp. ISBN 3-7908-0093-7

Vol. 22: O. Bçrgel, A. Fier, G. Licht, G. Murray The Internationalisation of Young High-Tech Firms An Empirical Analysis in Germany and the United Kingdom 2003. XII, 291 pp. ISBN 3-7908-0120-8 Vol. 23: F. Hçfner Foreign Exchange Intervention as a Monetary Policy Instrument Evidence for Inflation Targeting Countries 2004. X, 175 pp. ISBN 3-7908-0128-3 Vol. 24: E. Lçders Economic Foundation of Asset Price Processes 2004. XII, 121 pp. ISBN 3-7908-0149-6 Vol. 25: F. Reize Leaving Unemployment for Self-Employment An Empirical Study 2004. XII, 241 pp. ISBN 3-7908-0168-2 Vol. 26: Ch. Bæhringer, A. Læschel (Eds.) Climate Change Policy and Global Trade 2004. VIII, 381 pp. ISBN 3-7908-0171-2 Vol. 27: K. Jacob et al. Lead Markets for Environmental Innovations 2005. XII, 273 pp. ISBN 3-7908-0164-X Vol. 28: L. Lammersen, R. Schwager The Effective Tax Burden of Companies in European Regions 2005. XI, 251 pp. ISBN 3-7908-1562-4 Vol. 29: Ch. Elschner, R. Schwager The Effective Tax Burden on Highly Qualified Employees 2005. VIII, 123 pp. ISBN 3-7908-1568-3 Vol. 30: Ch. Lauer Education and Labour Market Outcomes 2005. IX, 286 pp. ISBN 3-7908-1569-1 Vol. 32: O. Heneric, G. Licht, W. Sofka (Eds.) Europe's Automotive Industry on the Move 2005. XII, 275 pp. ISBN 3-7908-1590-X

Christoph Bæhringer ´ Andreas Lange (Editors)

Applied Research in Environmental Economics With 35 Figures and 13 Tables

Physica-Verlag A Springer Company

ZEW Zentrum fuÈ r EuropaÈ ische Wirtschaftsforschung GmbH

Centre for European Economic Research

Series Editor Prof. Dr. Dr. h.c. mult. Wolfgan