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Regional Inequality of Higher Education in China and the Role of Unequal Economic Development

Bickenbach, Frank; LIU, Wan-Hsin - Institut für Weltwirtschaft (IfW) - 2011

Over the past decade the scale of higher education in China has expanded substantially. Regional development policies attempted to make use of the scale expansion as a tool to reduce the inequality of higher education among different regions with different development levels through providing...

Persistent link: https://www.econbiz.de/10008922944

University funding systems: impact on research and teaching

Beath, John; Poyago-Theotoky, Joanna; Ulph, David - Institut für Weltwirtschaft (IfW) - 2011

We address the following question: how does a higher education funding system influence the trade-off that universities … make between research and teaching? We do so by constructing a model that allows universities to choose actively the … that face universities under such systems and show how, as the parameters of the system are varied, the nature of the …

Persistent link: https://www.econbiz.de/10008866094

On the Relation between Dual-Rate Discounting and Substitutability

Kögel, Tomas - Institut für Weltwirtschaft (IfW) - 2009

To justify substantial emission reductions, recent literature on cost-benefit analysis of climate change suggests discounting environment consumption with an environmental discount rate instead of a consumption discount rate that is usually used in cost-benefit analysis. The present study...

Persistent link: https://www.econbiz.de/10005083352

Discounting for Climate Change

Anthoff, David; Tol, Richard S. J.; Yohe, Gary W. - Institut für Weltwirtschaft (IfW) - 2009

It is well-known that the discount rate is crucially important for estimating the social cost of carbon, a standard indicator for the seriousness of climate change and desirable level of climate policy. The Ramsey equation for the discount rate has three components: the pure rate of time...

Persistent link: https://www.econbiz.de/10005083362

Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting

Weitzman, Martin L. - Institut für Weltwirtschaft (IfW) - 2009

This paper in applied theory argues that there is a loose chain of reasoning connecting the following three basic links in the economics of climate change: 1) additive damages may be more appropriate for analyzing the impacts of global warming than multiplicative damages; 2) an uncertain...

Persistent link: https://www.econbiz.de/10005083374

The Social Cost of Carbon: Trends, Outliers and Catastrophes

Tol, Richard S. J. - Institut für Weltwirtschaft (IfW) - 2007

211 estimates of the social cost of carbon are included in a meta-analysis. The results confirm that a lower discount rate implies a higher estimate; and that higher estimates are found in the gray literature. It is also found that there is a downward trend in the economic impact estimates of the...

Persistent link: https://www.econbiz.de/10005083382

Siblings, not triplets: social preferences for risk, inequality and time in discounting climate change

Atkinson, Giles D.; Dietz, Simon; Helgeson, Jennifer; … - Institut für Weltwirtschaft (IfW) - 2009

Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...

Persistent link: https://www.econbiz.de/10005083419

Rethinking Global Climate Change Governance

Barrett, Scott - Institut für Weltwirtschaft (IfW) - 2008

This paper explains why the approach taken so far to mitigate global climate change has failed. The central reason is an inability to enforce targets and timetables. Current proposals recommending even stricter emission limits will not help unless they are able to address the enforcement...

Persistent link: https://www.econbiz.de/10005083424

The Contribution of Economics to the Analysis of Climate Change and Uncertainty: A Survey of Approaches and Findings

Peterson, Sonja - Institut für Weltwirtschaft (IfW) - 2004

There is a general agreement that (a) climate change is one of the most serious environmental problems, that (b) the analysis of climate change is confronted with a large degree of uncertainty and (c) that these uncertainties need to be taken into account to arrive at meaningful policy...

Persistent link: https://www.econbiz.de/10005818798

Energy Saving Technology Diffusion via FDI and Trade: A CGE Model of China

Hübler, Michael - Institut für Weltwirtschaft (IfW) - 2009

This paper introduces intra- and inter-sectoral technology diffusion via FDI and imports into a recursive-dynamic CGE model for climate policy analyses. It analyzes China’s accession to a Post Kyoto emission regime that keeps global emissions from 2012 on constant. Due to ongoing energy...

Persistent link: https://www.econbiz.de/10005818849