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Characterizing Sustainability in Discrete Time

Asheim, Geir B. - 2018

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

Is Western European Agriculture Resilient to High Temperatures?

Massetti, Emanuele - 2019

agriculture is likely to be smooth …

Persistent link: https://www.econbiz.de/10012892286

Droughts and Farms' Financial Performance in New Zealand : A Micro Farm-Level Study

Pourzand, Farnaz - 2019

We quantify the impacts of droughts in New Zealand on the profitability of dairy, and sheep and beef farms. Using a comprehensive administrative database of all businesses in New Zealand, we investigate the impact of droughts on farm revenue, profits, return on capital, business equity, debt to...

Persistent link: https://www.econbiz.de/10012870640

Measuring the Immeasurable : The Evolution of the Size of Informal Economy in the Agricultural Sector in the EU-15 Up to 2019

Schneider, Friedrich; Morkunas, Mangirdas; Quendler, Erika - 2021

This study is the first scientific attempt to calculate the size of the informal economy in agriculture. The Multiple … higher levels of informal economy in agriculture compared to the overall economy. The impact of subsidies and farm … organizations on the development of the informal economy are two important factors for these higher values in agriculture. The …

Persistent link: https://www.econbiz.de/10013239559

Impacts of Droughts and Floods on Agricultural Productivity in New Zealand as Measured from Space

Blanc, Élodie; Noy, Ilan - 2022

This study estimates the impact of excess precipitation (or the absence of rainfall) on productivity of agricultural land parcels in New Zealand. This type of post-disaster damage assessments aims to allow for quantification of disaster damage when on-the-ground assessment of damage is too...

Persistent link: https://www.econbiz.de/10013296265

Natural resources: Curse or blessing?

van der Ploeg, Frederick - 2010

Are natural resources a 'curse' or a 'blessing'? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...

Persistent link: https://www.econbiz.de/10010270490

Climate policy under sustainable discounted utilitarianism

Dietz, Simon; Asheim, Geir B. - 2011

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

Persistent link: https://www.econbiz.de/10010277391

Fiscal Sustainability in the EU after the Global Crisis : Is There Any Progress?

Wysocki, Maciej - 2018

In response to the global crisis a number of new institutional measures have been introduced in the fiscal framework, both on the UE and on the member states’ level, and the question is: have these measures provided better fiscal sustainability outcomes? We approach this question by looking at...

Persistent link: https://www.econbiz.de/10012908672

Growth and Long-Run Sustainability

Cairns, Robert D. - 2019

From any state of economic and environmental assets, the maximin value defines the highest level of utility that can be sustained forever. Along any development path, the maximin value evolves over time according to investment decisions. If the current level of utility is lower than this value,...

Persistent link: https://www.econbiz.de/10012861429

Fiscal Sustainability and Low Interest Rates : A Note

Werding, Martin - 2021

In this paper, I demonstrate that an indicator which is commonly used to assess the long-term fiscal sustainability of public finances in EU member states (“S2”) is also defined if government borrowing rates are assumed to be permanently lower than the growth rate of GDP. I illustrate this...

Persistent link: https://www.econbiz.de/10013249654