Showing 1 - 10 of 60
, education, and skills for consumption (rather than production) - can importantly affect patterns of economic growth and … development. Evidence from the failed Industrial Revolution in 14th-century China illustrates the empirical relevance of the …
Persistent link: https://www.econbiz.de/10010884693
This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...
Persistent link: https://www.econbiz.de/10010745946
We construct two simple examples that help to clarify the role of a key assumption in the analysis of price or quantity controls of greenhouse gases in the presence of uncertain costs. Traditionally much has been made of the fact that greenhouse gases are a stock pollutant, and that therefore...
Persistent link: https://www.econbiz.de/10010746433
The paper analyses the implications of landowners’ option values in land allocation and derives policy recommendations for payments for Reducing Emissions from Deforestation and Forest Degradation (REDD). Given that REDD will not represent a permanent change in the cumulative flux of carbon...
Persistent link: https://www.econbiz.de/10010746548
identify the determinants of within-city changes in air pollution concentration between 2005 and 2011. Increasing car and … population densities significantly reduce air pollution concentration in city centers where air pollution induced health risks … favour of (ii). We also observe a complex relationship between income and pollution concentration as well as a general …
Persistent link: https://www.econbiz.de/10011277212
When regulated firms are offered compensation to prevent them from relocating, efficiency requires that payments be distributed across firms so as to equalize marginal relocation probabilities, weighted by the damage caused by relocation. We formalize this fundamental economic logic and apply it...
Persistent link: https://www.econbiz.de/10011126676
This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless … global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and … converges towards egalitarian growth. Equality is stable but spatial inequality is needed to attain it. …
Persistent link: https://www.econbiz.de/10010884745
This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …
Persistent link: https://www.econbiz.de/10010928630
personal characteristics, country and year fixed effects, more freedom and economic growth both reduce revolutionary support …. To reduce support by the same amount requires adding 14 percentage points on to the GDP growth rate. Being Muslim in a …
Persistent link: https://www.econbiz.de/10010928706
This paper investigates the economic impact of the government's proposed new UK R&D tax credit. We measure the benefit of the credit by the effect on value added in the short and long_run. This is simulated from existing econometric estimates of the tax_price elasticity of R&D and the effect of...
Persistent link: https://www.econbiz.de/10010928789