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is that the EKC is examined in the presence of pollution as a by product of consumption activities; also, pollution is a … environment, consumers do not consider directly pollution in the maximization problem and are assumed to choose between two … that substitution of dirty consumption with clean consumption alone is not sufficient to reduce environmental pollution …
Persistent link: https://www.econbiz.de/10013067514
Persistent link: https://www.econbiz.de/10012711573
A spatial welfare framework for the analysis of the spatial dimensions of sustainability is developed. It incorporates agglomeration effects, interregional trade, negative environmental externalities and various land use categories. The model is used to compare rankings of spatial configurations...
Persistent link: https://www.econbiz.de/10014060050
When a firm undertakes risky activities, the conflict between social and private incentives to implement safety care requires public intervention which can take the form of both monetary incentives but also ex ante or ex post monitoring, i.e., before or after an accident occurs. We delineate the...
Persistent link: https://www.econbiz.de/10013135482
has given rise to unprecedented environmental pollution and CO2 emissions. While estimates of the embedded CO2 emissions …
Persistent link: https://www.econbiz.de/10013092142
This paper studies the empirical relationship between consumption and saving under two different sources of uncertainty: financial risk and environmental risk. The analysis is carried out using time series data for six advanced economies in the period 1965-2007. The results support the...
Persistent link: https://www.econbiz.de/10013067496
Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental...
Persistent link: https://www.econbiz.de/10012731649
Over the last few years, environmental issues have entered into policy design, particularly development and growth policies. Natural resources are considered necessary production inputs and environmental quality is considered a welfare determinant. The integration of environmental issues into...
Persistent link: https://www.econbiz.de/10012734166
recurrently found to face increased pollution (in particular CO2 emissions) due to direct scale-composition effects of trade in … EGs, the EGs' net exporters are more likely to see their local pollution to decrease, in particular thanks to income …
Persistent link: https://www.econbiz.de/10012941079
larger steady-state pollution stock. Moreover, the increase of environmental damages because of the increase in the pollution …
Persistent link: https://www.econbiz.de/10012968268