We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by sustained export price increases (trading gains) rather...

Although the United Nations called for a 'Global Green New Deal' and the American Recovery and Reinvestment Act (ARRA) includes green incentives, there is far from a consensus on whether the Green New Deal will be a key solution to the economic crisis. To inform the debate, we investigate the...

This study examines to what extent recent empirical evidence can substantiate the claim that annual emission constraints have a modest effect on long run economic growth rates. The paper studies specifically the contribution of carbon dioxide emissions on growth in Egyptian economy during the...

Recent interpretations of Brazilian business performance suggest that it is driven by increased aggregate consumption in the context of economic global integration. This performance may have been due to conditions of low inflation, higher economic growth, well-focused social programmes and a...

Green economics: An introduction and research agenda, examines the historical evolution of green economics, a discourse which is marked by antipathy to the foundational assumptions of conventional market based economics. Green opposition to growth and the market is identified along with values...

The Environmental Kuznets Curve (EKC) hypothesis describes an inverted U-shaped relationship between environmental quality indicators and per capita income. In comparison to previous studies on the EKC, this paper tests for the potential advantage of latecomer economies. It is presumed that...

The Environmental Kuznets Curve (EKC) first emerged in the 1990s as a means of describing the changing relationship between growth and environmental degradation. The EKC is based on the view that, as a nation's per capita real GDP rises over time, environmental quality initially deteriorates but...

Does faster economic growth increase pressure for democratic change, or reduce it? Using data for 154 countries for the period 1963-2007, we examine the short-run relationship between economic growth and moves toward and away from greater democracy. To address the potential endogeneity of...

We develop a stylized model of economic growth with bubbles. In this model, financial frictions lead to equilibrium dispersion in the rates of return to investment. During bubbly episodes, relatively inefficient investors demand bubbles while relatively efficient investors supply them. Because...