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A multi-dimensional, non-linear dynamic model in continuous time is presented for the purpose of finding the optimal combination of exploitation and capital investment in optimal renewable resource management. Non-malleability of capital is incorporated in the model through an asymmetric...
Persistent link: https://www.econbiz.de/10009445821
This paper develops a pollution model of trade in differentiated goods. Our analyses show the following: first, the … empirical analysis to test the integrated theoretical predictions of the pollution models of intra-industry as wells as inter …
Persistent link: https://www.econbiz.de/10009446123
testing for and failing to reject the pollution haven hypothesis, it is suggested that environmental gains from openness in …
Persistent link: https://www.econbiz.de/10005805122
Replaced with revised version of paper 08/06/10.
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modernization of boats. Also the liberalization and globalization of commercial relationships between Europe and North Africa are to …
Persistent link: https://www.econbiz.de/10010921694
The dynamic relationships among trade, income and the environment for developed and developing countries are examined using a cointegration analysis. Results suggest that trade and income growth tend to increase environmental quality in developed countries, whereas they have detrimental effects...
Persistent link: https://www.econbiz.de/10005804670
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