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The debate on growth versus environment, including the more recent literature on sustainabledevelopment, is systematically evaluated in a stylized framework. Diffent perspectives on the conflictand relation between the economy, growth and the natural environment, have created a situationwhere...
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compares three aggregate indicators of sustainability: the World Bank’s ‘Genuine Savings’ measure, the ‘Ecological Footprint …
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Theoretical and empirical aspects of policy failures due to subsidies are discussed in the context of international trade. A general classification of subsidies that cause environmental externalities is presented. The economic and environmental impacts of producer subsidies on international...
Persistent link: https://www.econbiz.de/10011302606
We calculate the social cost of carbon (SCC) under stochastic climate volatility resulting from uncertainty about future climate risk regimes where weather extremes are becoming more frequent and intense. Using a stochastic dynamic integrated climate-economy model where representative agents are...
Persistent link: https://www.econbiz.de/10014290496
Up to now a clear theoretical and methodological framework for economic-environmental analysis of environmentally damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at achieving a certain (often non-environmental) goal that...
Persistent link: https://www.econbiz.de/10011335220
equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and … negative pollution externalities associated with local production. We distinguish between two goods (food and manufactures) and … activity tends to become less attractive with pollution, and thus less likely. Moreover, we provide a simple necessary and …
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