Showing 1 - 10 of 2,186
looks at optimal policies of biodiversity conservation. The subject of the paper is natural biodiversity, which is …
Persistent link: https://www.econbiz.de/10012751891
We consider a world economy, in which the global public good 'biodiversity' is positively correlated with that share of …-to-pay for biodiversity conservation is positive in 'rich' developed countries (North), but very low in 'poor' developing … welfare when the North financially supports biodiversity conservation in the South – as stipulated in the Convention on …
Persistent link: https://www.econbiz.de/10012962993
looks at optimal policies of biodiversity conservation. The subject of the paper is "natural" biodiversity, which is …
Persistent link: https://www.econbiz.de/10005406256
This paper investigates the impact of elections on the level and composition of fiscal instruments using a sample of 19 high-income OECD countries that can be characterized as developed, established democracies during the period 1972-1999. We find that elections shift public spending towards...
Persistent link: https://www.econbiz.de/10013148789
capital. Key for the consistency between data and theory is to account for complementarity between physical capital and flow …
Persistent link: https://www.econbiz.de/10013157849
. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …
Persistent link: https://www.econbiz.de/10013136587
This paper studies the formation of self-enforcing global environmental agreements in a world economy with international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates whether the signatories' threat to embargo (potential) free...
Persistent link: https://www.econbiz.de/10013020519
We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
Persistent link: https://www.econbiz.de/10012995189
We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer, and the presence and nature of spillovers to...
Persistent link: https://www.econbiz.de/10012960103
In this paper, we analyze the consequences of delays and cost overruns typically associated with the provision of public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public capital can more than offset its positive spillovers for...
Persistent link: https://www.econbiz.de/10012934762