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Flammer, Caroline; Giroux, Thomas; Heal, Geoffrey - National Bureau of Economic Research - 2023

The use of private capital to finance biodiversity conservation and restoration is a new practice in sustainable finance. This study sheds light on this new practice. First, we provide a conceptual framework that lays out how biodiversity can be financed by i) pure private capital and ii)...

Persistent link: https://www.econbiz.de/10014247943

Market Design for the Environment

Cantillon, Estelle; Slechten, Aurélie - National Bureau of Economic Research - 2023

The main argument in favor of markets in environmental contexts is the same as in other contexts: their ability to promote efficient allocations and production. But environmental problems bring their own challenges: their underlying bio-physical processes - and the technologies to monitor them -...

Persistent link: https://www.econbiz.de/10014447308

Valuing ecosystem services in general equilibrium

Carbone, Jared C. - 2010

We explore the consequences of treating the multiple, non-market benefits associated with improvements in ecosystem … to pay measures of use-based ecosystem services are impacted by the changes in demand for complementary market goods …. Demand for these goods shifts due to the introduction of pollution regulations that deliver improvements in ecosystem …

Persistent link: https://www.econbiz.de/10012462808

Agro-Ecosystem Productivity and the Dynamic Response to Shocks

Chavas, Jean-Paul - 2016

This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and characterize resilience and traps. Resilience means...

Persistent link: https://www.econbiz.de/10012456056