The Stern Review on The Economics of Climate Change is one of the few cost-benefit analyses of climate change to come out in favour of immediate and decisive action to reduce greenhouse gas emissions. The choice of a low discount rate is the main reason for the Review’s divergence in...

Some Neo-Malthusians and anti-immigration groups in the United States have recently argued that migration of people to developed countries is damaging to sustainable development and environmental protection. This paper argues that it is inappropriate and ethically indefensible to employ...

This paper makes two empirical contributions to the literature, based on predictions generated by a lobby group model. First, we investigate how environmental lobby groups affect the determination of environmental policy in rich and developing countries. Second, we explore the interaction...

Most natural resources that are used in production are non-renewable. When they become depleted they are lost for future use. Does it follow that the limited availability of natural resources will at some time in the future constrain economic growth as many environmentalists believe? While...

This article estimates the effect of visa restrictions on bilateral trade flows and foreign direct investment (FDI) stocks. By raising the costs of travel and deterring some visitors, visa restrictions hamper personal contact across borders, which is detrimental to trade and FDI. Employing a...

There is growing recognition that organizational innovations can have a major influence on the geography of economic activity. Yet, little is known about the mechanisms and geographic preconditions underlying their diffusion, particularly at the global level. In this article, we test a series of...

Genuine saving measures net investment in produced, natural and human capital. It is a necessary condition for weak sustainable development that genuine saving not be persistently negative. However, according to data provided by the World Bank, resource-rich countries are systematically failing...

This paper provides a review and critical discussion of indicators, which attempt to combine the measurement of sustainability with that of well-being. It starts with some commonly agreed definitions of sustainability, showing how most well-being indicators tell us little if anything at all...