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Corruption, Growth, and the Environment : A Cross-Country Analysis
Welsch, Heinz - 2003
The relationship between per capita income and a number of pollution indicators has been found to display an inverted U …-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given …. Using cross section data for several indicators of pollution, the paper estimates the direct and the indirect effect of …
Persistent link: https://www.econbiz.de/10010260691
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How to Turn an Industry Green: Taxes versus Subsidies
Dröge, Susanne; Schröder, Philipp J. H. - 2003
Environmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets the green sector may be subsidised or the dirty sector be taxed. This paper shows that in a monopolistic competition setting the two policy instruments have different...
Persistent link: https://www.econbiz.de/10010276549
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De-fueling externalities: How tax salience and fuel substitution mediate climate and health benefits
Basaglia, Pier; Behr, Sophie M.; Drupp, Moritz A. - 2023
This paper provides a comprehensive evaluation of the world's largest environmental tax reform. We compare carbon and air pollutant emissions of the German transport sector and synthetic counterfactuals following the 1999 eco-tax reform, and find average reductions in external damages of around...
Persistent link: https://www.econbiz.de/10014637019
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Estimating persistence in the volatility of asset returns with signal plus noise models
Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2010
This paper examines the degree of persistence in the volatility of financial time series using a Long Memory Stochastic Volatility (LMSV) model. Specifically, it employs a Gaussian semiparametric (or local Whittle) estimator of the memory parameter, based on the frequency domain, proposed by...
Persistent link: https://www.econbiz.de/10010271356
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Doorkeepers and Gatecrashers: EU Enlargement and Negotiation Strategies
Brücker, Herbert; Schröder, Philipp J. H.; Weise, … - 2003
This paper discusses the eastward enlargement process of the EU in the framework of a simple war of attrition bargaining game. Both players – the existing EU members and the applicants – benefit from enlargement, yet for the applicants reform to the acquis is costly, while the EU prefers...
Persistent link: https://www.econbiz.de/10010276550
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Bug-fixing and code-writing : the private provision of open source software
Bitzer, Jürgen; Schröder, Philipp J. H. - 2002
Open source software (OSS) is a public good. A self-interested individual would consider providing such software, if the benefits he gained from having it justified the cost of programming. Nevertheless each agent is tempted to free ride and wait for others to develop the software instead. This...
Persistent link: https://www.econbiz.de/10010260804
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Environmental damage and price taking behaviour by firms and consumers
Houba, Harold; Kremers, Hans - 2009
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...
Persistent link: https://www.econbiz.de/10010271573
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A note on the high stability of happiness: the minimal effects of a nuclear catastrophe on life satisfaction
Berger, Eva M. - 2008
Using life satisfaction as a direct measure of individual utility has become popular in the empirical economic literature. In this context, it is crucial to know what circumstances or changes the measure is sensitive to. Is life satisfaction a volatile concept that is affected by minor changes...
Persistent link: https://www.econbiz.de/10010265019
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Environment and Happiness : Valuation of Air Pollution in Ten European Countries
Welsch, Heinz - 2003
This paper uses a set of panel data from happiness surveys, jointly with data on per capita income and pollution, to … paper finds that air pollution plays a statistically significant role as a predictor of intercountry and inter …-temporal differences in subjective well-being. The effect of air pollution on well-being shows up as a considerable monetary valuation of …
Persistent link: https://www.econbiz.de/10010260690
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Methodological Aspects of Environmental Labour Market Analysis
Blazejczak, Jürgen; Edler, Dietmar - 1997
High and persistent unemployment rates and increasing awareness of environmental degradation in many industrial countries have promoted the interest in the labour market effects of environmental policy. Environmental labour market analysis is fraught with many difficulties, however. Being...
Persistent link: https://www.econbiz.de/10010283785