Showing 1 - 10 of 56
countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy-environment …
Persistent link: https://www.econbiz.de/10010877706
scope of inefficient migration. This positive welfare effect may significantly reduce abatement costs of pollution and calls …
Persistent link: https://www.econbiz.de/10011210783
In some important multi-player situations, such as efforts to supply a global public good, players can choose the game they want to play. In this paper we conduct an experimental test of the decision to choose between a “tipping” game, in which every player wants to contribute to the public...
Persistent link: https://www.econbiz.de/10011210784
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10010723528
higher where (1) there exists an energy / CO2 tax, where (2) government expenditures on the environment are higher, where (3 …
Persistent link: https://www.econbiz.de/10005765646
equilibrium of a small open economy where the environment is an input to production. Differences in the ability of individuals to … role in the determination of collective choices with respect to the regulation of the environment and of trade. We conclude … by drawing out the implications of the analysis for the study of the political economy of the environment …
Persistent link: https://www.econbiz.de/10005094435
Recent literature proposes many variables as significant determinants of pollution. This paper gives an overview of this literature and asks which of these factors have an empirically robust impact on water and air pollution, i.e. do not depend upon the conditioning information set. For this, we...
Persistent link: https://www.econbiz.de/10005406345
This paper analyzes the dynamic incentives for technology adoption under a transferable permits system, which allows for strategic trading on the permit market. Initially, firms can invest both in low-emitting production technologies and trade permits. In the model, technology adoption and...
Persistent link: https://www.econbiz.de/10008914285
are high relative to the costs, treaties can easily coordinate countries’ behavior so as to avoid the threshold. Where the …, sustaining only modest cuts in emissions. These results are unaffected by uncertainty about the impact of catastrophe. By … contrast, uncertainty about the catastrophic threshold typically causes coordination to collapse. Whether the probability …
Persistent link: https://www.econbiz.de/10010877724
This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...
Persistent link: https://www.econbiz.de/10010877773