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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - CESifo - 2015
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically that geographical variations in the natural return to agricultural investment have had a persistent effect on the distribution of time preference...
Persistent link: https://www.econbiz.de/10011167137
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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - CESifo - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
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Fueling Growth when Oil Peaks: Directed Technological Change and the Limits to Efficiency
André, Francisco J.; Smulders, Sjak - CESifo - 2012
While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous growth model that reconciles the current aggregate...
Persistent link: https://www.econbiz.de/10010586070
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The Effects of Disclosure Regulation of an Innovative Firm
Jansen, Jos - CESifo - 2005
innovation. The firm’s disclosure strategy results from the trade-off between two effects on product market incentives. First …
Persistent link: https://www.econbiz.de/10005406251
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Endogenous Product versus Process Innovation and a Firm’s Propensity to Export
Becker, Sascha O.; Egger, Peter - CESifo - 2007
at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm’s market position given the characteristics of its product supply …. Both modes of innovation are expected to raise a firm’s propensity to export. According to new trade theory, we conjecture …
Persistent link: https://www.econbiz.de/10005416461
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The Trade-off between Intra- and Intergenerational Equity in Climate Policy
Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - CESifo - 2013
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...
Persistent link: https://www.econbiz.de/10010877658
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Development versus Legacy: The Relative Role of Development and Historical Legacies in Achieving Gender Equality
Dilli, Selin; Rijpma, Auke; Carmichael, Sarah - CESifo - 2013
Economic development is often held to be beneficial for gender equality. However, there is good reason to believe that long lasting institutions like religion, legal traditions, and family practices, also matter. This paper provides an empirical assessment of the relative importance of...
Persistent link: https://www.econbiz.de/10010877691
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Economic Challenges in the Anthropocene
Musu, Ignazio - CESifo - 2013
environmental and innovation policies. The big size of the needed investments in a context of limited financial resources asks for a …
Persistent link: https://www.econbiz.de/10010877706
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Do Natural Disasters Enhance Societal Trust?
Toya, Hideki; Skidmore, Mark - CESifo - 2012
In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body research suggests that factors such as income inequality, ethnic fractionalization, and religious heritage are important determinants of social capital in general, and trust in...
Persistent link: https://www.econbiz.de/10010877834
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Regional Inequality, Convergence, and its Determinants - A View from Outer Space
Lessmann, Christian; Seidel, André - CESifo - 2015
This paper provides a new data set of regional income inequalities within countries based on satellite nighttime light data. We first empirically study the relationship between luminosity data and regional incomes for those countries where regional income data are available. We subsequently use...
Persistent link: https://www.econbiz.de/10011272626