Showing 1 - 10 of 188,109
Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10015044989
Where do new resources come from? We build on the premise that environments feature vast reservoirs of latent resources, uses and resource combinations. However, identifying this value can be costly and difficult. In this paper we consider the thought experiment of an endowment-less firm and how...
Persistent link: https://www.econbiz.de/10012840077
We consider two agency-theory-based structural models and a reduced form model of bank inefficiency. The two structural …
Persistent link: https://www.econbiz.de/10012943265
to appropriative competition. Our main innovation is to model explicitly the positive intertemporal effect of consumption …, amplifies the current allocation of time and effort to appropriative competition. Interestingly, if resources are currently … appropriative competition to result in a decrease in the sum of current and expected future utility, a "paradox of anticipated …
Persistent link: https://www.econbiz.de/10011504895
By means of a suitable Bayesian game we study spot electricity markets from a structural point of view. We address the problem of individual and aggregate eficciency and we show how to value water from market observables. We compare the former to engineering methods and apply our methodology to...
Persistent link: https://www.econbiz.de/10014196580
Persistent link: https://www.econbiz.de/10002167748
Persistent link: https://www.econbiz.de/10013175557
Persistent link: https://www.econbiz.de/10011634365
Purpose - The purpose of this study is to investigate the role of natural resources in economic growth by taking evidence from Pakistan. Design/methodology/approach - Total five variables are used in this study, i.e. GDP, population density, water renewable resources, deforestation and the...
Persistent link: https://www.econbiz.de/10012433912
Enhancing competitiveness is a popular target in economic policy making - not only at the national, but at the regional level as well despite neither generally accepted definition nor any strong agreement on how to measure it. In this chapter we discuss the conceptual underpinnings of why it is...
Persistent link: https://www.econbiz.de/10011285452