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A Threshold Model of Urban Development
Vesperoni, Alberto; Schweinzer, Paul - 2018
through accessible data sets. Our predictions include an U-shaped relationship between the well-known measures of urbanization …
Persistent link: https://www.econbiz.de/10011932076
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Brown growth, green growth, and the efficiency of urbanization
Quaas, Martin F.; Smulders, Sjak - 2012
We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of …'). If, however, production becomes cleaner over time ('green growth') the equilibrium urbanization path reaches the … efficient urbanization path after finite time without need of a coordinating mechanism. The results may be generalized to take …
Persistent link: https://www.econbiz.de/10010291550
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Should green governments give priority to environmental policies over growth-enhancing policies?
Economides, George; Philippopoulos, Apostolis - 2005
This paper studies the properties of second-best optimal policy in a standard general equilibrium model of growth augmented with renewable natural resources. The government chooses its policy instruments (the income tax rate and the allocation of collected tax revenues between public investment...
Persistent link: https://www.econbiz.de/10010261160
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Knowing the Damages is not Enough: The General Equilibrium Impacts of Climate Change
Kalkuhl, Matthias; Edenhofer, Ottmar - 2016
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10011480445
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Prevention and Mitigation of Epidemics: Biodiversity Conservation and Confinement Policies
Augeraud-Véron, Emmanuelle; Fabbri, Giorgio; Schubert, … - 2020
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012269576
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Understanding Climate Damages: Consumption versus Investment
Casey, Gregory P.; Fried, Stephie; Gibson, Matthew - 2021
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10013177533
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Prevention and Mitigation of Epidemics : Biodiversity Conservation and Confinement Policies
Augeraud-Véron, Emmanuelle - 2020
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012824824
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Banking and Industrialization
Heblich, Stephan; Trew, Alex - 2015
We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
Persistent link: https://www.econbiz.de/10011388174
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The Crisis and Regional Resilience in Europe: On the Importance of Urbanization and Specialization
Brakman, Steven; Garretsen, Harry; van Marrewijk, Charles - 2014
to shocks, the degree of urbanization and specialization. We take the Great Recession, the economic and financial crisis … period, we find that the degree and nature of regional urbanization and specialization are important drivers of the …
Persistent link: https://www.econbiz.de/10010352435
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Pandemics, places, and populations: evidence from the Black Death
Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019
The Black Death killed 40% of Europe’s population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10012018215