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Rowat, Colin; Dutta, Jayasri - EconWPA - 2004

We explore commons problems when agents have access to capital markets. The commons has a high intrinsic rate of return … are secure. In a two period model, we assess the consequences of market access for the commons' survival and welfare; we … strategic, extinction dates are unique. Strategic agents generally earn their surplus by delaying the commons' extinction; in …

Persistent link: https://www.econbiz.de/10005556702

Transition in FSU and sub-Saharan countries: The role of institutions

Laurila, Juhani - EconWPA - 2002

This study compares transition processes in countries of Central and Eastern Europe, the former Soviet Union (FSU) and sub-Saharan Africa. By widening the scope from most- to least-developed transition economies, the study establishes the importance of a strong state with evolved institutional...

Persistent link: https://www.econbiz.de/10005076830

Implications of the Economics of Religion to the Empirical Economic Research

Mangeloja, Esa - EconWPA - 2003

This paper collects most recent developments in the emerging economic sub-area Economics of Religion. According to secularization thesis, the importance of beliefs and religious activities should weaken as education, scientific knowledge and economic welfare increases. That hypothesis has been...

Persistent link: https://www.econbiz.de/10005118941

Decoding the Effects of Trade Volume and Trade Policies on Economic Growth: A Cross-Country Investigation

Rruka, Dardana - EconWPA - 2004

The study investigates the effects of trade volume and trade policies on economic growth. An extension of an earlier study, conducted by Halit Yanikkaya, the study investigates economic growth from cross-section data of 99 countries between 1998 and 2002. The study employs trade measure...

Persistent link: https://www.econbiz.de/10005062649

Time preference, productivity, and the growth effects of integration

Frenkel, Michael; Trauth, Thomas - EconWPA - 1996

Traditional trade theory emphasizes static gains form trade, whereas the growing literature on endogenous growth is able to explain dynamic gains from trade, i.e., how trade influences economic growth. Empirical studies suggest that dynamic gains are likely to be significantly more important...

Persistent link: https://www.econbiz.de/10005062653

BIOECONOMICS OF SUSTAINABLE HARVEST OF COMPETING SPECIES: A COMMENT

Neugebauer, Tibor - EconWPA - 2005

Flaaten’s (1991) study on competing species conjectures that a higher price (harvesting costs) of one species yields a lower (greater) own stock-size and a greater (lower) stock-size of the competing species. I show both conjectures are wrong.

Persistent link: https://www.econbiz.de/10005407779

Intergenerational Transfers, Lifetime Welfare and Resource Preservation

Valente, Simone - EconWPA - 2005

This paper studies the welfare properties of distortionary transfers in a life-cycle growth model where natural capital is private property. The main result is that, under credible pre-commitment, each newborn generation prefers positive taxes-subsidies to laissez-faire conditions when the...

Persistent link: https://www.econbiz.de/10005408406

Genuine Dissaving and Optimal Growth

Valente, Simone - EconWPA - 2005

Green accounting theories have shown that negative genuine savings at some point in time imply unsustainability. Consequently, recent studies advocate the use of the genuine savings measure for empirical testing: a negative index implies sustainability be rejected. This criterion is not...

Persistent link: https://www.econbiz.de/10005118899

Creating Markets for Biodiversity: A Case Study of Earth Sanctuaries Ltd

Aretino, Barbara; Holland, Paula; Peterson, Deborah; … - EconWPA - 2001

This papers examines the activities and operations of the first publicly listed company in Australia with wildlife conservation as its primary goal. Earth Sanctuaries Ltd (ESL) is the first publicly listed company in Australia with wildlife conservation as its primary goal. Its focus to date is...

Persistent link: https://www.econbiz.de/10005556135

Harnessing private sector conservation of biodiversity

Commission, Productivity - EconWPA - 2002

This study draws together and builds on previous research by the Commission on the role of the private sector in the conservation of biodiversity. With more than 60 per cent of Australia's land area under private management, conservation cannot be adequately addressed without private sector...

Persistent link: https://www.econbiz.de/10005556164

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