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Discounting and welfare analysis over time: choosing the [eta]
Buchholz, Wolfgang; Schumacher, Jan - 2008
Based on the Ramsey equation and an ethically motivated rejection of pure utility time discount, the Stern Review on the Economics of Climate Change concentrates on the use of the elasticity of marginal utility ç in the intergenerational social welfare function. We support this position by...
Persistent link: https://www.econbiz.de/10010264313
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Charging NOx emitters for health damages : an exploratory analysis
Mauzerall, Denise L.; Sultan, Babar; Kim, Namsoug; … - 2005
trade? approach to NOx regulation, which presumes that shifts of emissions over time and space, holding the total fixed over …
Persistent link: https://www.econbiz.de/10010271816
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Stranded Assets in the Transition to a Carbon-Free Economy
van der Ploeg, Rick - 2020
Assets in the fossil fuel industries are at risk of losing market value due to anticipated breakthroughs in renewable technology and governments stepping up climate policies in the light of the Paris commitments to limit global warming to 1.5 or 2 degrees Celsius. Stranded assets arise due to...
Persistent link: https://www.econbiz.de/10012843436
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The Risk of Policy Tipping and Stranded Carbon Assets
der Ploeg, Rick van - 2019
If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...
Persistent link: https://www.econbiz.de/10012865168
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Railways and the Productivity Gap in Italy: Persistence and Divergence after Unification
Pontarollo, Nicola; Ricciuti, Roberto - 2015
productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial …
Persistent link: https://www.econbiz.de/10011307101
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Labor Market Policies and European Crises
Bertola, Giuseppe - 2013
This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in …
Persistent link: https://www.econbiz.de/10010328760
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Productivity as if Space Mattered: An Application to Factor Markets Across China
Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - 2013
results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …
Persistent link: https://www.econbiz.de/10010328857
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Productivity Response to a Contract Change
Jayaraman, Rajshri; Ray, Debraj; de Véricourt, Francis - 2014
This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …
Persistent link: https://www.econbiz.de/10010333400
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Can General Purpose Technology Theory Explain Economic Growth? Electrical Power as a Case Study
Ristuccia, Cristiano Andrea; Solomou, Solomos - 2014
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010333435
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Growing Productivity without Growing Wages: The Micro-Level Anatomy of the Aggregate Labor Share Decline
Kehrig, Matthias; Vincent, Nicolas - 2017
The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980’s, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...
Persistent link: https://www.econbiz.de/10011657175