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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 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
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
, 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
I define “generous sustainability” as a combination of two conditions: neither instantaneous maximin income nor … compared to existing sustainability concepts. As a rule of thumb, generosity requires that GHG emissions are limited to levels …
Persistent link: https://www.econbiz.de/10013040484
fiscal sustainability, for 27 countries of the European Union. We first calculate tax gaps à la Blanchard (1990) and …
Persistent link: https://www.econbiz.de/10013098648
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization … policies taking into account fiscal equalization transfers. Using panel data techniques we assess fiscal sustainability by …
Persistent link: https://www.econbiz.de/10013100010
debt crisis has prompted a fundamental re‐evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt‐to‐GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … anecdotal his‐torical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and …
Persistent link: https://www.econbiz.de/10013085753
We extend previous work on the sustainability of the government's intertemporal budget constraint by allowing for non …
Persistent link: https://www.econbiz.de/10013065030