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Per Magnus Wijkman was the first foreign observer to urge Iceland in print to regulate its fisheries by price. This was in 1975, nine years before the Icelandic fishing quota system came into effect, a system judged discriminatory and unconstitutional by the Supreme Court of Iceland in 1998 (but...
Persistent link: https://www.econbiz.de/10012892260
This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel database for importing firms in developing and emerging market economies, the paper shows that higher natural resource dependence is associated with larger market concentration of...
Persistent link: https://www.econbiz.de/10013215669
growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012870643
phenomenon across the globe. Upward-biased perceptions are associated with lower preferences for redistribution and have direct … redistribution preferences, is independent of socio-demographic characteristics, robust to measurement errors in social surveys, and …
Persistent link: https://www.econbiz.de/10013322781
becomes untenable and possibly enhances the need for redistribution …
Persistent link: https://www.econbiz.de/10014241315
This article explores the use of workfare as part of an optimal tax mix when labor supply responses are along the extensive margin. Particular attention is paid to the interaction between workfare and an earned income tax credit, two policies that are designed to provide additional incentives...
Persistent link: https://www.econbiz.de/10013124395
The purpose of this paper is to model the influence of Kantian moral scruples in a dynamic environment. Our objectives are two-fold. Firstly, we investigate how a Nash equilibrium among agents who have moral scruples may ensure that the exploitation of a common property renewable resource is...
Persistent link: https://www.econbiz.de/10012860769
We analyse the local effect of exogenous shocks to the value of mineral deposits at the district level in Indonesia using a panel of manufacturing plants. To the best of our knowledge, we are the first to model and estimate the effect of heterogeneity in natural resource extraction methods. We...
Persistent link: https://www.econbiz.de/10012892288
The sustainability of the welfare state ultimately depends on citizens' preferences for income redistribution. They are … elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its …
Persistent link: https://www.econbiz.de/10013139422