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, the ability of the rest of the world to absorb Asia's exports has decreased. Export production in some Asian countries has …
Persistent link: https://www.econbiz.de/10013101411
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … sustainability of high Chinese growth …
Persistent link: https://www.econbiz.de/10013110413
revolution and the sustainability of empire come to depend on the capacity of the rebel colony to access international markets …
Persistent link: https://www.econbiz.de/10013104259
We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...
Persistent link: https://www.econbiz.de/10012958888
We analyze a model that focuses on the export/outsource decision. Outsourcing has the advantage of providing better information about local preferences. The disadvantage is that producing in the host country also means using the inferior technology embodied in the local capital. The decision of...
Persistent link: https://www.econbiz.de/10012772614
. This paper investigates the relationship among current consumption, sacrifice, and sustainability improvement in a general … sustainability improvement. It is called durable savings to distinguish it from genuine savings, usually computed with discounted …
Persistent link: https://www.econbiz.de/10013315739
We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too large and too few in number in uncoordinated...
Persistent link: https://www.econbiz.de/10013315820
Are natural resources a “curse” or a “blessing”? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a...
Persistent link: https://www.econbiz.de/10013094532
In recent years, sustainability has represented one of the most important policy goals explored in the environmental … specification, namely modified EKC (MEKC), we show that there is an inverted U-shape relationship between sustainability and human …. More interestingly, findings from the estimation show that EKC hypothesis, HD and sustainability are crucial to build …
Persistent link: https://www.econbiz.de/10013053065
This paper investigates the robustness of determinants of economic growth in the presence of model uncertainty, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and parsimonious mixture modeling that allows for fat-tailed errors...
Persistent link: https://www.econbiz.de/10013129859