Showing 1 - 10 of 11
This paper studies the impacts on Western European CO2 emissions of a reduction in Norwegian gas sales. Such impacts are due to changes in energy demand, energy supply, and environmental and political regulations. The gas supply model DYNOPOLY is used to analyse the effects on Russian and...
Persistent link: https://www.econbiz.de/10011608377
The number of studies seeking to empirically characterize the reduced-form relationship between a country's economic growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers have found evidence in favor of an inverted-U...
Persistent link: https://www.econbiz.de/10011608466
In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC), suggests that environmental degradation increases in the early stages of growth, but it...
Persistent link: https://www.econbiz.de/10011608548
Since its first inception in the debate on the relationship between environment and growth in 1992, the Environmental Kuznets Curve has been subject to continuous and intense scrutiny. The literature can be roughly divided in two historical phases. Initially, after the seminal contributions,...
Persistent link: https://www.econbiz.de/10010312579
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10011324978
The purpose of this article is to analyze how the presence of a competitive fringe, composed by price taker firms, can affect the sustainability of collusive equilibria. Our starting point is that there exists a diffused misunderstanding about its strategical role as collusive minus factor. We...
Persistent link: https://www.econbiz.de/10010312265
In view of the uncertainty over the ability of merging firms to achieve efficiency gains, we model the post-merger situation as a Cournot oligopoly wherein the outsiders face uncertainty about the merged entity's final cost. At the Bayesian equilibrium, a bilateral merger is profitable provided...
Persistent link: https://www.econbiz.de/10011324950
We study the effect of the intellectual property rights (IPR) regime of a host country (South) on a multinational's decision between serving a market via greenfield foreign direct investment to avoid the exposure of its technology or entering a joint venture (JV) with a local firm, which allows...
Persistent link: https://www.econbiz.de/10010312322
This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can …, consumers trade off leisure versus consumption, and firms trade off innovation efforts versus manufacturing. For this model, we … indirectly by inducing a smaller proportion of the labor force to engage in innovation. …
Persistent link: https://www.econbiz.de/10011324996
We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much to innovate (if at all) in manufacturing and services. Locations can trade subject to transport costs and technology diffuses spatially across locations. The result is an...
Persistent link: https://www.econbiz.de/10010272384