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question is how to introduce natural resource use in national income accounts to give meaning to the notion of sustainability …? National income accounts do not take into account non-market activities. Some progress has been made in the theory and … empirical implementation of sustainability by including non-market activities. A lot of work has been done but a lot more still …
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How was the birth of "Environmental Economics" related to the first Earth Day fifty years ago (April 22, 1970)? This short note introduces some ideas about an amazing burst of intellectual activity from 1968 to 1974. Environmental economics was not a field of economics before this brief period,...
Persistent link: https://www.econbiz.de/10012841931
We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...
Persistent link: https://www.econbiz.de/10012908689
We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...
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We examine how Green governments influence macroeconomic, education, and environmental outcomes. We exploit that the … 2011. Using the synthetic control method, we find no evidence that the Green government influenced macroeconomic outcomes …. Inclusive education policies caused comprehensive schools to become larger. The results do not suggest that the Green government …
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