The aim of this paper is to present an alternative methodology for discounting far distant future externalities genereted by an investment project: time-declining discount rates. First I present the experimental evidence on individuals' time-inconsistency. Second I consider the theoretical...

Geography and the quality of the environment may have long lasting effects on the living standards of individuals and this, in its turn, may affect even substantially the distribution of income and regional disparities. In this paper I consider malaria as a measure of "bad geography" and propose...

Analysis of convergence has centered on movement of indices such as per capita incomes or welfare for countries or regions within countries. In this paper, the analysis focuses on the structure of economies in terms of the distribution of production across sectors and explores the implications...

For many governments, enacting green policies is a priority, but such policies often impose on citizens substantial and uneven costs. How does the introduction of green policies a?ect voting? We study this question in the context of a major ban on polluting cars introduced in Milan, which was...

The relationship between climate warming and associated socio-economic development is a central question for environmental economists and social scientists. The scientific literature focusing on the economic effects of climate change is mainly based on the cross-sectional impact of temperature...

How global warming affects human development is a central question for economists as well as social scientists. While most of the literature has focused on the impact of rainfall and temperatures on individual well-being, precipitations alone do not capture the actual soil water availability,...

The economic effects of global warming have gained considerable attention in recent economic literature. However, the interaction between desertification and agricultural productivity has not received substantial consideration. In this paper, we explore the relationship between soil...

This study explores how aridity (proxied with a measure of soil potential evapotranspiration) impacts agricultural productivity and child wellbeing in Sub-Saharan Africa. Climate conditions, crop yield, and infant health measures are collected over approximately 4,000 grid cells of 0.5 x 0.5 in...

This study shows how soil aridity (proxied with a measure of soil potential evapotranspiration) impacts child wellbeing in Sub-Saharan Africa. Using climate and infant health data from a grid of approximately 4,000 cells in 34 African countries, we find that infants born in arid areas are...

The share of the population living in urban centres has vastly increased in recent decades, and is predicted to further expand in the future. In this context, research on the environmental impact of different urban environments, in terms of both the form and built-up structure of cities, is...