Elena Renzullo

Do Incentive‐Based Policies Reduce Firm‐Level CO2 Emissions? Evidence From EU Cohesion Policy

We examine whether incentive‐based policies reduce emissions among beneficiary Italian firms, using project‐level data from European cohesion policy. Exploiting quasi‐random variation in the timing of EU‐funded projects, we apply a staggered difference‐in‐differences design. We find robust evidence that EU climate‐re...