Misato’s research aims to provide a robust evidence base on how regulated companies and sectors respond to energy and climate change policies, in an effort to help improve the design and effectiveness of current polices to better support industries in their low-carbon transition. Her recent work uses economic and econometric methods to evaluate how climate policies such as the EU Emissions Trading System affect the economic performance of cement, steel and other sectors, and how they influence business decisions or outcomes on the various dimensions of competitiveness such as trade, innovation, employment, costs, profitability and investment.