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In order to overcome the underprovision of global public goods various different policy approaches have been proposed. In the climate policy arena, international transfers are frequently seen as an effective means to raise the provision of the global public good ‘climate change mitigation'....
Persistent link: https://www.econbiz.de/10013086603
This paper explores the role of information transmission in explaining donors' choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a “delegation-scheme.” Conversely,...
Persistent link: https://www.econbiz.de/10013073609
We consider a world economy, in which the global public good 'biodiversity' is positively correlated with that share of … Biological Diversity (1992). We model that support as a market for biodiversity conservation and distinguish the cases, in which …-to-pay for biodiversity conservation is positive in 'rich' developed countries (North), but very low in 'poor' developing …
Persistent link: https://www.econbiz.de/10012962993
Biotic factors such as pests create biodiversity effects that increase production risks and decrease land productivity … incomplete under free trade because of the decrease in land productivity. Pesticides allow farmers to reduce these biodiversity … biodiversity effects …
Persistent link: https://www.econbiz.de/10013315542
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10013092012
Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies - such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10012753836
Provided there are positive external benefits attached to the historic character of buildings, owners of properties in designated conservation areas benefit from a reduction in uncertainty regarding the future of their area. At the same time, the restrictions put in place to ensure the...
Persistent link: https://www.econbiz.de/10013315608
This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we examine a commonly used empirical growth model, considering aid modality as well as different measures of political and fiscal decentralization. Our panel estimations reveal that...
Persistent link: https://www.econbiz.de/10013069925
A key issue in development economics is the explanation of core-periphery patterns around the world. Combining this …
Persistent link: https://www.econbiz.de/10012778412
consumption world wide. Two effects are at issue: a utility loss from forgone consumption and a utility gain from lowered …
Persistent link: https://www.econbiz.de/10013316346