Showing 1 - 10 of 234
Economic development of a remote, mountainous region is a challenge for any country. This paper examines how this development challenge has been addressed in a high-altitude backward region of the People's Republic of China. Is this region increasingly being left behind or has it entered a...
Persistent link: https://www.econbiz.de/10012165995
Italy’s domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism … dataset is made of inter-regional tourism flows among Italian regions over the 2000 - -12 period; across this period, 2008 to …
Persistent link: https://www.econbiz.de/10010492324
We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a … new commercial airport increased tourism in the Allgäu region over the period 2008-2016. The positive effect is especially …
Persistent link: https://www.econbiz.de/10012157335
Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists … to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism … factor of 2.5. Furthermore, we provide evidence of positive spillovers in nearby municipalities. To estimate the tourism …
Persistent link: https://www.econbiz.de/10012510008
reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution impacts of carbon …
Persistent link: https://www.econbiz.de/10014295072
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012438358
The paper studies the effect of public transport policies on urban pollution. It uses a quantitative equilibrium model … with residential choice and mode choice. Pollution comes from commuting and residential energy use. The model parameters … transport coupled with increasing transit speed affects the equilibrium. In the baseline simulation, total pollution falls by 0 …
Persistent link: https://www.econbiz.de/10011717025
We develop a 2-period emission trading model for a stock pollutant with demand shocks resolving over time. We find precise conditions for efficiency of a stabilization mechanism where cumulative available permits decrease with excess supply in early periods. Our model describes the stabilization...
Persistent link: https://www.econbiz.de/10011810102
regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …
Persistent link: https://www.econbiz.de/10011906240
"Prices versus quantities" (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper's criterion for ranking policies suggests that technological uncertainty favors taxes over cap and trade....
Persistent link: https://www.econbiz.de/10011927948