Showing 1 - 10 of 3,693
Sustainability and efficiency are potentially conflicting social objectives in natural resource management. We propose … determines the maximal tenure length guaranteeing that the sustainability goal is obeyed for sure over the entire period. In …
Persistent link: https://www.econbiz.de/10011663635
Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...
Persistent link: https://www.econbiz.de/10014529224
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory … values between study and policy contexts, or to up-scale values from study sites to the national scale. Our theory provides …
Persistent link: https://www.econbiz.de/10012387514
question is how to introduce natural resource use in national income accounts to give meaning to the notion of sustainability …? National income accounts do not take into account non-market activities. Some progress has been made in the theory and … empirical implementation of sustainability by including non-market activities. A lot of work has been done but a lot more still …
Persistent link: https://www.econbiz.de/10012177002
While the global economy continues to grow, ecosystem services tend to stagnate or decline. Economic theory has shown … empirical evidence has been sparse to put theory into practice. To estimate the relative price change in ecosystem services that …
Persistent link: https://www.econbiz.de/10014551808
countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy …
Persistent link: https://www.econbiz.de/10010223439
This paper presents a two-sector green endogenous growth model to explore a mechanism that explains why carbon-intensive capital is not necessarily shut down during transition to a green economy. Without accumulating clean capital to offset carbon emissions, a tightening of climate regulation...
Persistent link: https://www.econbiz.de/10012383739
In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme adv ocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full cooperation in a voluntary international environmental agreement by making all...
Persistent link: https://www.econbiz.de/10009781723
The environmental regulations US firms are exposed to are often place-based, incentivizing firms to move to less regulated counties or states. Consistent with this argument, multiplant firms partially regulated under the ozone regulations of the US Clean Air Act offset regulation-induced...
Persistent link: https://www.econbiz.de/10012299555
A growing literature has shown that behavioral biases influence consumer choices. Such socalled internalities are ubiquitous in many settings, including energy efficiency investments and the consumption of sin goods, such as cigarettes and sugar. In this paper, we use a mechanism design approach...
Persistent link: https://www.econbiz.de/10012031071