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The Clean Development Mechanism: too flexible to produce sustainable development benefits?

Watson, Charlene; Fankhauser, Samuel - London School of Economics (LSE) - 2009

The Clean Development Mechanism (CDM) of the Kyoto Protocol has a dual objective: to encourage low-cost emission reduction and to promote sustainable development in the host countries of CDM projects. The CDM has by and large delivered on the first objective but arguably not on the second. This...

Persistent link: https://www.econbiz.de/10010744944

Climate policy under sustainable discounted utilitarianism

Dietz, Simon; Asheim, Geir B. - London School of Economics (LSE) - 2011

Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is contro-versial, both due to the conditions through which it is justifed and due to its consequences for climate policies, where the discounting of...

Persistent link: https://www.econbiz.de/10010745973

A statistical framework for the analysis of productivity and sustainable development

Oulton, Nicholas - London School of Economics (LSE) - 2004

To analyse the consequences of the changing economic structure of the UK, we need a set of statistics broken down by industry that are consistent with the whole economy measures available from the national accounts. The theory of growth accounting then provides a framework in which the...

Persistent link: https://www.econbiz.de/10010746112

Urban development and air pollution: evidence from a global panel of cities

Hilber, Christian A. L.; Palmer, Charles - London School of Economics (LSE) - 2014

We exploit a unique panel of 75 metro areas (‘cities’) across the globe and employ a cityfixed effects model to identify the determinants of within-city changes in air pollution concentration between 2005 and 2011. Increasing car and population densities significantly reduce air pollution...

Persistent link: https://www.econbiz.de/10011277212

Why do management practices differ across firms and countries?

Bloom, Nick; Van Reenen, John - London School of Economics (LSE) - 2010

Economists have long puzzled over the astounding differences in productivity between firms and countries. For example, looking at disaggregated data on U.S. manufacturing industries, Syverson (2004a) found that plants at the 90th percentile produced four times as much as the plant in the 10th...

Persistent link: https://www.econbiz.de/10010745216

Relational knowledge transfers

Garicano, Luis; Rayo, Luis - London School of Economics (LSE) - 2013

An expert must train a novice. The novice initially has no cash, so he can only pay the expert with the accumulated surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his own. The sole reason he does not is the prospect of...

Persistent link: https://www.econbiz.de/10010745330

Access to finance: a functional approach to supply and demand

Fischer, Gregory - London School of Economics (LSE) - 2011

This paper provides a comprehensive description of the financial environment for households and small businesses in a defined geographical region. It develops a new, functional approach to financial access surveys, which involves asking detailed questions about how respondents meet their...

Persistent link: https://www.econbiz.de/10011071530

Asymmetric industrial energy prices and international trade

Sato, Misato; Dechezlepretre, Antoine - London School of Economics (LSE) - 2015

This paper measures the response of bilateral trade flows to differences in industrial energy prices across countries. Using a panel for the period 1996-2011 including 42 countries, 62 sectors and covering 60% of global merchandise trade, we estimate the short-run effects of sector-level energy...

Persistent link: https://www.econbiz.de/10011206864

Sustainability and well-being indicators

Neumayer, Eric - London School of Economics (LSE) - 2004

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 about this issue. Sustainability is most commonly defined in economics as non …-declining utility or well-being over time. Yet, due to its future orientation, most indicators of sustainability such as Genuine Savings …

Persistent link: https://www.econbiz.de/10010745092

Integrated EUA and CER price modeling and application for spread option pricing

Barrieu, Pauline; Fehr, Max - London School of Economics (LSE) - 2011

In this paper we propose a market consistent futures price dynamics model for cap-andtrade schemes, designed in the spirit of the European Union’s Emissions Trading Scheme (EU ETS). Historical price dynamics for the EU ETS suggest that, both, European emission Allowances (EUAs) and Certified...

Persistent link: https://www.econbiz.de/10010745195