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The Other Side of Value : Good Growth and the Gross Profitability Premium
Novy-Marx, Robert - 2010
Profitability, as measured by gross profits-to-assets, has roughly the same power as book-to-market predicting the cross-section of average returns. Profitable firms generate significantly higher average returns than unprofitable firms, despite having, on average, lower book-to-markets and...
Persistent link: https://www.econbiz.de/10012462711
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Nearly Optimal Pricing for Multiproduct Firms
Chu, Chenghuan Sean - 2008
In principle, a multiproduct firm can set separate prices for all possible bundled combinations of its products (i.e., "mixed bundling"). However, this is impractical for firms with more than a few products, because the number of prices increases exponentially with the number of products. In...
Persistent link: https://www.econbiz.de/10012464731
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Technology, Information and the Decentralization of the Firm
Acemoglu, Daron - 2006
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. However, the manager can use her...
Persistent link: https://www.econbiz.de/10012466463
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Pakistan at 100 : Environmental Sustainability
World Bank Group - 2019
This policy note was prepared in parallel to the report Pakistan at 100, Shaping the Future. The report Pakistan at 100 discusses options to accelerate and sustain growth in Pakistan so that the country becomes an upper middle-income country when it turns 100 years old in 2047. This policy note...
Persistent link: https://www.econbiz.de/10012645976
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The Kindergarten Rule of Sustainable Growth
Brock, William A. - 2003
The relationship between economic growth and the environment is not well understood: we have only limited understanding of the basic science involved and very limited data. Because of these difficulties it is especially important to develop a series of relatively simple theoretical models that...
Persistent link: https://www.econbiz.de/10012469101
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Managing Pollution for Poverty Reduction and Green Development
World Bank Group - 2010
The World Bank Group (WBG) has been active in public and private sector pollution management for the past several … improved the management of solid and hazardous waste and wastewater, and controlled pollution related to a large variety of … growth, and green development require that pollution management be addressed within a new context …
Persistent link: https://www.econbiz.de/10012247781
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Trade and Environment Beyond Singapore
Whalley, John - 1996
This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...
Persistent link: https://www.econbiz.de/10012473066
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Sustainable Growth and the Green Golden Rule
Beltratti, Andrea - 1993
We study a growth model with an environmental asset which is a source of utility and an input to consumption and production. The stock of this asset follows its own ecological dynamics, which are affected by economic activity. We study the implications of an approach to ranking sequences of...
Persistent link: https://www.econbiz.de/10012474520
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Sustainable Development Fund
Gouriéroux, Christian - Université Paris-Dauphine (Paris IX) - 2007
The cleaning up costs after closure of chemical or nuclear plants are large. They have to be taken into account in the production costs and in the pricing of the corporate, owner of such plants. Moreover, it is necessary to create a reserve account to cover these future large and long term...
Persistent link: https://www.econbiz.de/10011072175
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Cabo Verde Economic Update, April 2021 : Rebounding from the Crisis; Restoring Fiscal Sustainability and Leveraging the Private Sector for a more Resilient and Sustainable Recovery
World Bank Group - 2021
The objective of this report is to provide an update to the Government of Cabo Verde, think-tanks and researchers, and the public on the state of the Cabo Verde economy and its outlook, together with the structural reforms required to strengthen the foundations for private sector-led recovery...
Persistent link: https://www.econbiz.de/10012700731