This paper examines the relationship between the environmental and economic performance of firms in the European paper manufacturing industry. Based on panel data, it first investigates the relationship separately, with the analysis based on four hypotheses formulated with regard to country...

We use a semiparametric additive model to study the relationship between protected area, income, trade, population, education, and political institutions in a sample of 89 countries. The results show the nonexistence of environmental Kuznets curve in the data sample. The study also points out...

We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents’ ordinal indication of their changes in total sales. We use a first-order Markov...

This paper proposes a semiparametric analysis for the study of the relationship between energy consumption per capita and income per capita for an international panel data. It shows little evidence for the existence of an environmental Kuznets curve for energy consumption. Energy consumption...

This paper studies an optimal endogenous growth model using physical capital, labor and two kinds of natural resources in the final goods sector and employing labor to accumulate knowledge. Based on results in calculus of variations, a direct proof of existence of optimal solution is provided....

We use two datasets to study the convergence process across European regions. Relying on Quah (1966a,1997), we examine the dynamics of income distribution and find evidence of polarization whatever the time horizon considered. Regions whose incomes were close together at an initial period...

We compare the experimental results of three stag-hunt games. In contrast to Battalio et al. (2001), our design keeps the riskiness ratio of the payoff-dominant and the risk-dominant strategies at a constant level as the optimisation premium is increased. We define the riskiness ratio as the...

We explore the modelling of the determination of the level of R&D investment of firms. This means that we do not tackle the decision of being an innovator or not, nor the adoption of a new technology. We exclude these decisions and focus on the situations where firms invest in internal R&D in...

The current international regime that regulates maritime oil transport calls for financial contributions by oil firms once an oil spill has occurred. Their percentage contribution to the International Oil Pollution Compensation Fund depends only on their level of activity. In this paper, we show...

This paper investigates the pass-through of an excise tax imposed on a monopoly firm with constant marginal cost. The optimal price increases as tax increases for any demand function. Tax pass-through is globally under or in excess of 100% according as the direct demand function is log-concave...