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Potrafke, Niklas; Wuthrich, Kaspar - 2021

We examine how Green governments influence macroeconomic, education, and environmental outcomes. We exploit that the Fukushima nuclear disaster in Japan gave rise to an unanticipated change in government in the German state Baden-Wuerttemberg in 2011. Using the synthetic control method, we find...

Persistent link: https://www.econbiz.de/10013227483

Discounting in the Presence of Scarce Ecosystem Services

Zhu, Xueqin - 2019

Discounting has to take account of ecosystem services in consumption and production. Previous literature focuses on the first aspect and shows the importance of the relative price effect, for given growth rates of consumption and ecosystem services. This paper focuses on intermediate ecosystem...

Persistent link: https://www.econbiz.de/10012892067

Think Locally, Act Locally : Spillovers, Spillbacks, and Efficient Decentralized Policymaking

Ogawa, Hikaru; Wildasin, David E. - 2021

jurisdictions, as illustrated for instance by CO2 emissions that affect the global environment. Each jurisdiction's emissions depend …

Persistent link: https://www.econbiz.de/10013316740

Adding Geography to the New Economic Geography

Bosker, Erik Maarten; Brakman, Steven; Garretsen, Harry; … - 2021

For reasons of analytical tractability, new economic geography (NEG) models treat geography in a very simple way: attention is either confined to a simple 2-region or to an equidistant multi-region world. As a result, the main predictions regarding the impact of e.g. diminishing trade costs are...

Persistent link: https://www.econbiz.de/10013316995

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

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

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

The demands for environmental regulation and for trade in the presence of private mitigation

Hotte, Louis; Winer, Stanley L. - 2008

equilibrium of a small open economy where the environment is an input to production. Differences in the ability of individuals to … role in the determination of collective choices with respect to the regulation of the environment and of trade. We conclude … by drawing out the implications of the analysis for the study of the political economy of the environment …

Persistent link: https://www.econbiz.de/10010264525

Satisfaction with democracy and the environment in Western Europe : a panel analysis

Wagner, Alexander F.; Schneider, Friedrich G. - 2006

higher where (1) there exists an energy / CO2 tax, where (2) government expenditures on the environment are higher, where (3 …

Persistent link: https://www.econbiz.de/10010276565

Conservation by Lending

Harstad, Bård; Storesletten, Kjetil - 2023

This project analyzes how a principal can motivate an agent to conserve rather than exploit a depletable resource. This dynamic problem is relevant for tropical deforestation as well as for other environmental problems. It is shown that the smaller is the agent's discount factor (e.g., because...

Persistent link: https://www.econbiz.de/10014346959

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