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In this paper, we deploy a complexity theory as the foundation for integration of different theoretical approaches to sustainability and develop a rationale for a complexity-based framework for modeling <i>transitions to sustainability</i>. We propose a framework based on a comparison of complex...
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The supply of allowances in the European Union Emissions Trading System is determined within a rigid allocation programme. A reform of the EU ETS intends to make allowances allocation exible and contingent on the state of the system. We model the emissions market under adjustable allowance...
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Using a rich data set on the EU regions, we analyze the relevance of two possible determinants of a region's resilience … that started in 2008, as our shock and then analyze how the NUTS II EU regions differ in their resilience to the crisis in … their resilience to shocks but it typically remains unclear as to why regions differ in this respect. For the 2008- 2012 …
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We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...
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Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … resilience to riverine flood disasters and what will be their measured benefit? We study the 18 regions of the Philippines to … losses at the microeconomic level. Apart from the prioritization of regions based on resilience and welfare risk, we identify …
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