Showing 1 - 10 of 26
We survey the recent literature on the role of information in mechanism design. First, we discuss an emerging … literature on the role of endogenous payoff and strategic information for the design and the efficiency of the mechanism. We … order beliefs becomes a natural desideratum. We discuss recent approaches to robust mechanism design and robust …
Persistent link: https://www.econbiz.de/10005123850
know the motives for policies that are allegedly pursued to protect the environment, but that also give commercial …
Persistent link: https://www.econbiz.de/10005025513
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10009365645
This Paper presents a survey of the literature on trade liberalization and globalization. The questions are why trade liberalization occurred, why trade liberalization took the form of reciprocity combined with multilateralism, why the liberalization allows for protectionist policies, and why...
Persistent link: https://www.econbiz.de/10005067625
in an attempt to impose one's own standards on another country's environment, or when trade liberalization is opposed by … coal and food, trade liberalization could well improve rather than worsen the global environment. …
Persistent link: https://www.econbiz.de/10005497787
This paper reviews the empirical evidence on the relationship between economic output and various dimensions of air and water quality. Pollution may rise with growth, because an increased scale of economic activity means more emissions, ceteris paribus. Economic growth may be associated with a...
Persistent link: https://www.econbiz.de/10005498085
Combining unique data bases on emissions with sectoral output and employment data, we study the sources of the fall in world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists, an emission-decomposition exercise shows that scale...
Persistent link: https://www.econbiz.de/10005504371
International investment agreements in bilateral treaties or free trade agreements allow investors to bring compensation claims when their investments are hurt by new regulations addressing environmental or other social concerns. Compensation rules such as expropriation clauses in international...
Persistent link: https://www.econbiz.de/10008691142
African societies exported more slaves in colder years. Lower temperatures reduced mortality and raised agricultural yields, lowering slave supply costs. Our results help explain African participation in the slave trade, which predicts adverse outcomes today. We use an annual panel of African...
Persistent link: https://www.econbiz.de/10011084022
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...
Persistent link: https://www.econbiz.de/10011084402