This paper argues for introducing the role of capital malleability into the analysis of environmental policies. The … outcomes reveal differences between results under separate assumptions regarding the malleability of capital. When capital is … imperfectly malleable a carbon policy is less effective than under the assumption of perfect malleability of capital. Therefore …

borrowers and exploited. Capital flows transfer surplus from countries in the periphery of the global economy to those in the …

associated with the carbon market and the implications for the international trade of oil. Criticalities in investment …

positive and significant correlation between national saving and domestic investment rates in Latin America and the Caribbean … saving, domestic investment increases by 0.39 percentage points on average. There are however, three nuances to the headline … national saving rates remain a binding constraint for capital accumulation in LAC. …

interactions associated with the movement of capital and polluting activities from one economy to another. We use a simple … dynamical model describing capital accumulation along the lines of a fixed-savings-ratio Solow-type model capable of producing … or regions. The basic mechanism underlying the movements of capital across space is the quest for locations where the …