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We develop hypothetical policy scenarios in this part of the paper which are simulated using a product-by-industry economic-ecological model to investigate their impacts on water and other ecological commodities. Results are expected to contribute to the establishment of alternative policy...
Persistent link: https://www.econbiz.de/10009147859
This paper uses a fully nonparametric approach to estimate efficiency measures for primary care units incorporating the effect of (exogenous) environmental factors. This methodology allows us to account for different types of variables (continuous and discrete) describing the main...
Persistent link: https://www.econbiz.de/10011114105
heterogeneity. As is well known, heterogeneity in time preference results in substantial inequality. This paper shows that, even if … heterogeneous households are equally and indefinitely satisfied, and heterogeneity is sustainable on this path. The existence of a … by relying only on markets. Sustainable heterogeneity is politically fragile and requires rational―not unconditional …
Persistent link: https://www.econbiz.de/10008493034
, this paper incorporates heterogeneity in the initial wealth of households into a canonical quality-ladder growth model with …
Persistent link: https://www.econbiz.de/10005837538
This paper uses panel data from Japan to decompose productivity growth measured by the growth of output per labor unit into three components of efficiency improvement, capital accumulation and technological progress. It then examines their determinants through a dynamic panel model. In...
Persistent link: https://www.econbiz.de/10008543517
tradable. Such heterogeneity may violate the Taylor principle, which implies that aggressive monetary policy is desirable to … consideration of the heterogeneity. …
Persistent link: https://www.econbiz.de/10009652036
using two dimensions of heterogeneity: ideology (relative ratio of utilities) and concern or intensity (absolute level of …
Persistent link: https://www.econbiz.de/10005616855
European labour markets have known three major changes over the past three decades : the complexification of the technological environment, the growth of general education across the workforce, and rising unemployment. Taken together, do these facts reflect the inefficiency of schooling and...
Persistent link: https://www.econbiz.de/10005617031
, we develop an open-economy R&D-driven endogenous-growth model with wealth heterogeneity. Under TRIPS, the North …
Persistent link: https://www.econbiz.de/10005617038
This paper examines the debate over the gains from trade when international differences in the risk perception of heterogeneous managers provide the basis for trade: the relatively optimistic country exports the risky commodity whereas the relatively pessimistic country exports the certain...
Persistent link: https://www.econbiz.de/10005621290