Showing 1 - 10 of 71
According to the environmental Kuznets curve hypothesis, the relationship between per-capita GDP and per-capita pollutant emissions has an inverted-U shape. This implies that, past a certain point, economic growth may actually be profitable for environmental quality. Most studies on this subject...
Persistent link: https://www.econbiz.de/10008507460
Economic analyses of development projects and policies often involve assigning an economic value to changes in the risk of loss of human life. A typical term used in the economic analyses is the value of statistical life, which reflects the aggregation of individuals' willingness to pay for...
Persistent link: https://www.econbiz.de/10011394715
In many cases, the relationship between environmental pollution and economic development can be generally depicted by an inverted U-shaped curve, or an environmental Kuznets curve, where pollution increases with income at the beginning and decreases after a certain level of income. However, what...
Persistent link: https://www.econbiz.de/10011395045
Persistent link: https://www.econbiz.de/10011902875
Persistent link: https://www.econbiz.de/10012145036
The economic literature has been investigating the positive relation between public infrastructure spending and the productivity of the private sector since Munnell (1992). We have introduced this relationship into a recursive dynamic computable general equilibrium model of the Quebec economy to...
Persistent link: https://www.econbiz.de/10010971253
In this article we show that the Gini coefficient is simultaneously decomposable both by sources of income and by populations of income receivers for nonoverlapping income distributions: the so-called first-best Gini multi-decomposition. We show that this multidimensional decomposition is useful...
Persistent link: https://www.econbiz.de/10010549519
This paper studies the finite sample performance of the sieve bootstrap augmented Dickey-Fuller (ADF) unit root test. It is well known that this test's accuracy in terms of rejection probability under the null depends greatly on the underlying DGP. Through extensive simulations, we find that it...
Persistent link: https://www.econbiz.de/10005006063
We consider the issue of income distribution modeling in the context of poverty analysis impact based on computable general equilibrium micro-simulation models. The empirical distribution function (EDF) is by far the most commonly used estimator in practice. It is, however, not the only...
Persistent link: https://www.econbiz.de/10010719348
In 2010 the Patient Protection and Affordable Care Act boosted the expansion of community health centers (CHCs) with $11 billion in mandatory funding from 2011 to 2015. This study used data from the Medical Expenditure Panel Survey (MEPS) and the North Carolina Behavioral Risk Factor...
Persistent link: https://www.econbiz.de/10014895605