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We provide direct estimates of how agents trade off immediate costs and uncertain future benefits that occur in the very long run, 100 or more years away. We exploit a unique feature of housing markets in the U.K. and Singapore, where residential property ownership takes the form of either...
Persistent link: https://www.econbiz.de/10011083367
This Paper evaluates an Austrian manpower training programme, which is highly innovative in its content and financing - and could therefore serve as a role model for other programmes. In the late 1980s privatization and downsizing of nationalized steel firms have led to large-scale redundancies....
Persistent link: https://www.econbiz.de/10005136662
This paper develops a framework for evaluating the social returns to infrastructure investments that intensify product market competition. We use a circular model with asymmetric production costs both for incumbent firms and potential entrants, where unit transport cost measures the intensity of...
Persistent link: https://www.econbiz.de/10005656176
Kilauea volcano is the largest stationary source of SO2 pollution in the United States of America. Moreover, the SO2 … pollution variation to estimate the impact of particulate matter and SO2 on emergency room admissions and costs in the state of … evidence that particulate pollution increases pulmonary-related hospitalization. Specifically, a one standard deviation …
Persistent link: https://www.econbiz.de/10011252621
This Paper analyses the effects of ownership structure on corporate environmental performance and examines the link from financial performance to environmental performance in a transition economy. In particular, it analyses these ownership effects and this performance link using an unbalanced...
Persistent link: https://www.econbiz.de/10005123506
water quality. Pollution may rise with growth, because an increased scale of economic activity means more emissions, ceteris … pollution there is no evidence at all that a turning point has yet been reached. The paper goes on to discuss the economic …
Persistent link: https://www.econbiz.de/10005498085
current agreement on uniform reductions from 1980 levels is inefficient and costly. The evidence suggests that SO2 pollution …
Persistent link: https://www.econbiz.de/10005281281
Widespread concern has been expressed that the costs of reducing environmental pollution in Eastern Europe will divert …
Persistent link: https://www.econbiz.de/10005281413
reduce the number of severe road traffic accidents, carbon monoxide, nitrogen monoxide, nitrogen dioxide pollution and infant …
Persistent link: https://www.econbiz.de/10011083939
The current Paper addresses the relationship between trade and endogenous pollution levels. The main focus is quite … different from the previous literature. The mechanism linking pollution and trade is that trade provides the home government … that sense, the existence of trade helps reduce domestic pollution compared to what would prevail in a situation of autarky …
Persistent link: https://www.econbiz.de/10005791231