Showing 1 - 10 of 61
We develop an overlapping generations model with environmental quality and endogenous environmental culture. Based upon empirical evidence, preferences over culturally-weighted consumption and envi- ronmental quality are assumed to follow a Leontie function. We fi nd that four diff erent regimes...
Persistent link: https://www.econbiz.de/10010899501
In this article we study the implication of thresholds in preferences. To model this we extend the basic model of John and Pecchenino (1994) by allowing the current level of environmental quality to have a discrete impact on how an agent trades off future consumption and environmental quality....
Persistent link: https://www.econbiz.de/10010899908
growth over the period 1981-2005. The econometric relationships derived in this paper suggest that future reductions in CO2 …
Persistent link: https://www.econbiz.de/10010933128
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no "one way" recommendation about energy-growth relationship that …
Persistent link: https://www.econbiz.de/10010933129
We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …
Persistent link: https://www.econbiz.de/10010933813
uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does … not. In this framework, long-term growth is entirely driven by precautionary savings. In particular, we show that the … asymptotic growth rate of the expected capital stock is an increasing function of both the risk parameter and the Arrow …
Persistent link: https://www.econbiz.de/10010933848
growing economy, that is when population growth is optimal in the long-run, this egalitarian rule can only hold when (i) the …
Persistent link: https://www.econbiz.de/10010933933
This work represent a very brief and complex (on the same time) presentation of the actual situation in some Balkan countries - especially Serbia, on their way to the European Union (EU). The aim is to present clearly the "European conditions" necessary to be fulfilled by candidate and potential...
Persistent link: https://www.econbiz.de/10010936651
The paper investigates the impact of ownership concentration on GDP growth, for a sample of 18 OECD countries over the … period 1980 to 2004. The econometric analysis shows that more concentrated ownership can speed up growth, for countries … regulation, the logic of financial markets discipline applies and dispersed ownership appears as more favorable for growth. Based …
Persistent link: https://www.econbiz.de/10010930206
Recently, many contributions have focused on the relationship between capital accumulation, growth and population … environmental concerns. One can therefore explain a simultaneous increase of capital intensity, population growth and pollution … capital intensity, population growth and pollution. …
Persistent link: https://www.econbiz.de/10009325714