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We live in the plastic age (the "plasticene"), producing over 300 million tonnes (mt) of plastic every year globally, 5–15 mt of which flow into already polluted oceans. Plastic remains a key material in the global economy, but low rates of collection, reuse and recycling, emissions of...
Persistent link: https://www.econbiz.de/10011778718
We construct an overlapping generations model in which parents vote on the tax rate that determines publicly provided education and offspring choose their effort in learning activities. The technology governing the accumulation of human capital allows these decisions to be strategic complements....
Persistent link: https://www.econbiz.de/10003885849
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The term economic diplomacy has established itself in the Croatian sources as an umbrella term for all the activities of the national state to protect and promote its own economic interests in the international environment. Under the broader concept of economic diplomacy we distinguish the...
Persistent link: https://www.econbiz.de/10013002211
In some contexts, an individual's choice to mimic the behavior of others, to join the herd, can increase systemic risk and retard the production of information. Herding can thus produce negative externalities. And in such situations, individuals by definition have insufficient incentives to...
Persistent link: https://www.econbiz.de/10013058375
Persistent link: https://www.econbiz.de/10003877026
Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial value worldwide, have relatively solid scientific evidence of biological...
Persistent link: https://www.econbiz.de/10009152238
Because ocean acidification has only recently been recognised as a problem caused by climate change, impact studies are still rare and estimates of the economic impact are absent. This paper estimates the economic impact of ocean acidification on coral reefs which are generally considered to be...
Persistent link: https://www.econbiz.de/10003815102
This paper examines the labor market impacts of a large-scale marine environmental crisis caused by toxic chemical contamination in Vietnam's central coast in 2016. Combining labor force surveys with satellite data on fishing-boat detection, the analysis finds negative and heterogeneous impacts...
Persistent link: https://www.econbiz.de/10012871899
Since the Arctic is increasingly accessible owing to climate change, oil and gas exploitation in the marine Arctic attracts the attention of states and energy companies. However, the marine Arctic, and particularly West Greenland, is known to be particularly vulnerable to oil spills because of...
Persistent link: https://www.econbiz.de/10012931516