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A Review of the Circular Economy and its Implementation
Heshmati, Almas - 2015
Circular economy (CE) is a sustainable development strategy that is being proposed to tackle urgent problems of environmental degradation and resource scarcity. CE's 3R principles are to reduce, reuse and recycle materials. The principles account for a circular system where all materials are...
Persistent link: https://www.econbiz.de/10011451186
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Green Cities? Urbanization, Trade and the Environment
Borck, Rainald; Pflüger, Michael P. - 2015
This paper establishes a simple theoretical framework which comprises key forces that shape the structure and interrelation of cities to study the interdependencies between urban evolution and the environment. We focus on the potential of the unfettered market forces to economize on emissions. A...
Persistent link: https://www.econbiz.de/10011307317
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City Size, Pollution and Emission Policies
Pflüger, Michael P. - 2018
governments establish the optimal city size when production processes involve environmental pollution. Our analysis delivers two … key insights. First, if an optimal scheme to regulate environmental pollution is implemented, cities chosen by local … governments are never too large. They are too small if pollution is purely global, but at the optimal size, if pollution is purely …
Persistent link: https://www.econbiz.de/10011816626
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Is There Convergence of Russia's Regions? Exploring the Empirical Evidence: 1995–2010
Lehmann, Hartmut; Silvagni, Maria Giulia - 2013
This paper analyzes convergence in per capita gross regional product of Russia's regions during the period 1995-2010, when regional data are available. Using a panel regression framework we find no evidence for beta-convergence. Instead we find divergence, which is, however, attenuated over...
Persistent link: https://www.econbiz.de/10010329209
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Unaffordable Housing and Local Employment Growth: Evidence from California Municipalities
Chakrabarti, Ritashree; Zhang, Junfu - 2014
It is widely believed that unaffordable housing could drive businesses away and thus impede job growth. However, there is little evidence to support this view. This paper presents a simple model to clarify how housing affordability is linked to employment growth and why unaffordable housing...
Persistent link: https://www.econbiz.de/10010352254
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The Power of Hydroelectric Dams: Agglomeration Spillovers
Severnini, Edson R. - 2014
How much of the geographic clustering of economic activity is attributable to agglomeration spillovers as opposed to natural advantages? I present evidence on this question using data on the long-run effects of large scale hydroelectric dams built in the U.S. over the 20th century, obtained...
Persistent link: https://www.econbiz.de/10010352291
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Comparative Advantage and Agglomeration of Economic Activity
Pflüger, Michael P.; Tabuchi, Takatoshi - 2016
The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...
Persistent link: https://www.econbiz.de/10011559701
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Walled Cities and Urban Density in China
Du, Rui; Zhang, Junfu - 2018
Throughout the imperial era, defensive walls surrounded Chinese cities. Although most city walls have vanished, the cities have survived. We analyze a sample of nearly 300 prefectural-level cities in China, among which about half historically had city walls. We document that cities that had...
Persistent link: https://www.econbiz.de/10011984511
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On the Origin and Composition of the German East-West Population Gap
Eder, Christoph; Halla, Martin - 2018
The East-West gap in the German population is believed to originate from migrants escaping the socialist regime in the German Democratic Republic (GDR). We use newly collected regional data and the combination of a regression discontinuity design in space with a difference-in-differences...
Persistent link: https://www.econbiz.de/10011984591
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Relatedness, Complexity and Local Growth
Davies, Benjamin; Maré, David C. - 2019
We derive a measure of the relatedness between economic activities based on weighted correlations of local employment shares, and use this measure to estimate city and activity complexity. Our approach extends discrete measures used in previous studies by recognising the extent of activities'...
Persistent link: https://www.econbiz.de/10012005924