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expanded in a consistent way to any welfare measure;and can be assessed for reliability usingstandard statistical theory …
Persistent link: https://www.econbiz.de/10010324529
What is a 'sustainable nation' and how can we identify and rank 'sustainable nations'? Are nations producing and consuming in a sustainable way? Aggregate indicators have been proposed to answer these questions. This paper quantitatively compares three aggregate indicators of sustainability: the...
Persistent link: https://www.econbiz.de/10014220693
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...
Persistent link: https://www.econbiz.de/10014209285
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it reveals an intuitive formula for the remaining...
Persistent link: https://www.econbiz.de/10012722922
This paper presents a study on the recently proposed linear inequality representation of Arrovian Social Welfare Functions (ASWFs). We first give an alternative proof of the ASWF integer linear inequality representation theorem, and then show several sufficient conditions on preference domains...
Persistent link: https://www.econbiz.de/10014027269
theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between …
Persistent link: https://www.econbiz.de/10010324659
. Besides exploring cross-country variation in public education, how its low level can lead to a poverty trap and how its high …
Persistent link: https://www.econbiz.de/10010325715
The paper studies the determinants of income distribution and growth in an overlapping generations economy withheterogenous households. Our framework has the following main features:heterogeneity of consumers with respect to wealth and parental human capital;intergenerational transfers,...
Persistent link: https://www.econbiz.de/10010324875
covering the period 1982-1997. The types of pollution included in the studyare wastewater, waste gas and solid waste. We … consider the development of the sources ofpollution in a pooled cross-section analysis considering the pollution in absolute … emissions tends to decelerate, but accelerates again at high levels of GDP per capita.Water pollution decreases with per capita …
Persistent link: https://www.econbiz.de/10010324952
equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and … negative pollution externalities associated with local production. We distinguish between two goods (food and manufactures) and … activity tends to become less attractive with pollution, and thus less likely. Moreover, we provide a simple necessary and …
Persistent link: https://www.econbiz.de/10010325230