To consider the implication of disaggregated consumption and discounting, we study discounting in a world composed of the rich and the poor, a standard setting in the literature of cost-benefit analysis with distributional considerations. We derive several discount rates for different...

This paper quantifies the effect of an increase in temperature and precipitation on the average output per worker in the Colombian manufacturing industry. In order to approach this issue rigorously, a methodology is developed with a theoretical model and an empirical estimation. The estimation...

The effects of an agreement such as the Kyoto Protocol, which implicitly imposes a ceiling on the stock of pollution, have recently been studied in Hotelling models. We add pollution and a ceiling to the endogenous growth model of \cite{tsur2005scarcity} to study the effects of the ceiling on...

The CDM has promoted GHG reduction activities in developing countries. There is, however, a controversial issue of an unequal distribution of CDM benefits among developing nations. To date, some emerging economies have been receiving the majority of CERs while most LDCs have few of them. This...

This paper presents the results of an investigation of the causality issue of income-emission relationship based on time series econometric techniques of unit root test, co-integration and related error correction model for a panel data set. Here, the nature of causality between per capita CO2...

Due to the high concentration of economic activity along the low-lying coastal zone of the Nile delta and its dependence on Nile river streamflow, Egypt's economy is highly exposed to adverse climate change. Adaptation planning requires a forward-looking assessment of climate change impacts on...

This paper examines the implications of the mutual causality between environmental quality and economic growth. While economic growth deteriorates the environment through increasing amounts of pollution, the deteriorated environment in turn limits the possibility of further economic growth. In a...

The CDM seems to play a significant role in international GHG reduction activities. Yet, a few emerging countries have hosted majority of CDM projects whereas most LDCs have not hosted CDM projects at all. Given the current distributional imbalance, this study aims to identify determinants of...

This paper examines the influence of government transparency on changing views regarding nuclear energy before and after Japan’s natural and nuclear disaster of 2011. Individual level data were used, covering 45 countries and containing 27,423 observations. It was observed in the majority of...

The paper describes a concept of economic development based on a non - material resource, such as knowledge. It presents the idea of a knowledge - based economy together with directions of its development. It shows the interdependencies between various institutions operating on the market as the...