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We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10011255927
equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and … negative pollution externalities associated with local production. We distinguish between two goods (food and manufactures) and … activity tends to become less attractive with pollution, and thus less likely. Moreover, we provide a simple necessary and …
Persistent link: https://www.econbiz.de/10011256119
In this paper we study international river pollution problems. We introduce a model in which the agents (countries …) located along a river derive benefit while causing pollution, but also incur environmental costs of experiencing pollution … from all upstream agents. We find that total pollution in the model decreases when the agents decide to cooperate. The …
Persistent link: https://www.econbiz.de/10011256658
covering the period 1982-1997. The types of pollution included in the studyare wastewater, waste gas and solid waste. We … consider the development of the sources ofpollution in a pooled cross-section analysis considering the pollution in absolute … emissions tends to decelerate, but accelerates again at high levels of GDP per capita.Water pollution decreases with per capita …
Persistent link: https://www.econbiz.de/10011257242
Recent advances in evolutionary theory have important implications for environmental economics. A short overview is offered of evolutionarythinking in economics. Subsequently, major concepts and approaches inevolutionary biology and evolutionary economics are presented andcompared. Attention is...
Persistent link: https://www.econbiz.de/10011255479
Management scholars have sought to answer the question: is there a financial payoff for ad-dressing ecological and social issues? We move beyond this question and include a time com-ponent for corporate financial performance (CFP) and a firm’s innovativeness in order to ask: when does it pay?...
Persistent link: https://www.econbiz.de/10011256662