Showing 1 - 10 of 53
In the economic literature it is generally found that trade openness affects environment through various channels …. While the mechanisms through which trade is associated with pollution are largely investigated theoretically and empirically …, the role played by each trade component has not yet received enough attention. This paper attempts to bridge this gap by …
Persistent link: https://www.econbiz.de/10009643223
This paper will investigate the Granger causality between outward Foreign Direct Investment (FDI) and the exports of … panel, we find that the causal relationship from FDI to exports is homogeneous among the panel. However, we find strong … evidence of a heterogeneity of the causal relationship from exports to FDI in our sample. …
Persistent link: https://www.econbiz.de/10010820945
We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...
Persistent link: https://www.econbiz.de/10010750368
addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment … environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental … (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the …
Persistent link: https://www.econbiz.de/10010750447
We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers …
Persistent link: https://www.econbiz.de/10010750468
the use of environmental services and so is a direct cause of environmental degradation. The environment is valued both as … marginal discount rate allows us to avoid the depletion of the environment. …
Persistent link: https://www.econbiz.de/10010750484
The Kyoto Protocol, which came in force in February 2005, allows countries to resort to «supplementary activities» consisting particularly in carbon sequestration in agricultural soils. Existing papers studying the optimal carbon sequestration recognize the importance of the temporality of...
Persistent link: https://www.econbiz.de/10010750832
environment is not a result of temperance or mitigation of natural variations but rather that the economy itself - in addition to …
Persistent link: https://www.econbiz.de/10010899270
environmental quality through lower levels of consumption, but it improves the environment through maintenance expenditure for … wealth-environment combinations at which, in a restricted model without environmental culture, no maintenance would be …
Persistent link: https://www.econbiz.de/10010899501
Investigations of long-run sustainability of joint ecological-economic systems highlight the pertinence of reconsidering "free disposal" assumptions that underpin Sraffian and von Neumann approaches to value and growth theory. We investigate joint-production time-paths for square systems A and B...
Persistent link: https://www.econbiz.de/10010699850