Showing 1 - 10 of 117
Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...
Persistent link: https://www.econbiz.de/10005423127
countries, not to the exclusion of emissions reductions in the developed world and possibly with the help of significant …
Persistent link: https://www.econbiz.de/10005230857
We distinguish between local problems of biodiversity loss and global ones, where international cooperation is required. Global biodiversity regulation involves choosing the optimal stopping rule regarding global land conversions, in order to ensure that some areas of unconverted natural...
Persistent link: https://www.econbiz.de/10010904910
International climate protection investments (Joint Implementation and Clean Development Mechanism projects) are burdened with problems of contract enforcement, which prevent the realisation of efficiency gains associated with these investments. The paper analyses this problem from the...
Persistent link: https://www.econbiz.de/10005385449
The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a general framework that can cope with various forms of uncertainty, it is shown that the response of the consumption discount rate to a change in risk aversion depends on some...
Persistent link: https://www.econbiz.de/10010904906
The present research offers an economic assessment of climate change impacts on the four major crop families characterizing Nigerian agriculture, covering more than 80% of agricultural value added. The evaluation is performed shocking land productivity in a computable general equilibrium model...
Persistent link: https://www.econbiz.de/10010904911
Which kind of reaction can a nation or group of nations expect when leading by example in climate policy? This literature survey describes possible positive reaction mechanisms from different fields of economics, some of which have scarcely been linked to climate economics previously. One effect...
Persistent link: https://www.econbiz.de/10010904926
Innovation is a key element behind the achievement of desired environmental and economic performances. Regarding CO2, mitigation strategies would require cuts in emissions of around 80-90% with respect to 1990. We investigate whether complementarity, namely integration, between the adoption of...
Persistent link: https://www.econbiz.de/10010904932
-dependent Arrow-Debreu securities. We show that this allows equalizing relative consumption differences between states of the world …
Persistent link: https://www.econbiz.de/10010941054
We study the effect of leadership in an experimental threshold public ‘bad’ game, where we manipulate both the relative returns of two investments (the more productive of which causes a negative externality) and the extent to which the gains from leadership diffuse to the group. The game...
Persistent link: https://www.econbiz.de/10011268585