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North-South Convergence and the Allocation of CO2 Emissions
Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - Barcelona Graduate School of Economics (Barcelona GSE) - 2010
We postulate a two-region world, comprised of North (calibrated after the US) and South (calibrated after China). Our optimization results show the compatibility of the following three desiderata: (1) Global CO2 emissions follow a conservative path that leads to the stabilization of...
Persistent link: https://www.econbiz.de/10010547479
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Sustainability in the Presence of Global Warming: Theory and Empirics
Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - Human Development Report Office, United Nations … - 2011
-regional resource allocation be regulated? These are normative questions: their answers depend upon the theory of distributive justice … held. We argue, with respect to the intergenerational question, for a theory of justice that is motivated by the concept of … sustainability. With respect to the inter-regional issue, we do not take a fundamentally normative approach, but rather a political …
Persistent link: https://www.econbiz.de/10010611339
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Should we sustain? And if so, sustain what? Consumption or the quality of life?
Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - Economics Department, University of California-Davis - 2012
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
Persistent link: https://www.econbiz.de/10010575242
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La reducción de la pobreza y el crecimiento económico ambientalmente sostenible: el caso de América Latina y el Caribe
Yamada, Gustavo - Departamento Académico de Economía, Universidad del … - 2002
La reducción de la pobreza, que afecta a más de un tercio de la población en América Latina y el Caribe, es un objetivo prioritario de las políticas públicas. A partir de un breve diagnóstico de la pobreza, este artículo discute los elementos de una estrategia integral para reducirla,...
Persistent link: https://www.econbiz.de/10010842548
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A Paradox of Environmental Awareness Campaigns
Koulovatianos, Christos - Volkswirtschaftliche Fakultät, … - 2010
We build a workable game of common-property resource extraction under rational Bayesian learning about the renewal prospects of a resource. We uncover the impact of exogenously shifting the prior beliefs of each player on the response functions of others. What we find about the role of...
Persistent link: https://www.econbiz.de/10008753059
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Strategic Exploitation of a Common-Property Resource Under Rational Learning About its Reproduction
Koulovatianos, Christos - Centre de Recherche en Économie Appliquée (CREA), … - 2014
more pessimism exacerbates the commons problem. …
Persistent link: https://www.econbiz.de/10011095237
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The use of agricultural biomass for energy purposes: EU and national policy
Giuca, Sabrina - In: QA - Rivista dell'Associazione Rossi-Doria (2008) 2
The implementation in 2020 of binding national targets for reducing greenhouse gas emissions and use of renewable energy has increased the interest in biomass as a viable alternative to fossil fuels. Thus agriculture acquires a primary role for the reduction of CO2 but raises many issues: CBA,...
Persistent link: https://www.econbiz.de/10005003988
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Relative consumption and renewable resource extraction under alternative property-rights regimes
Alvarez-Cuadrado, Francisco; Van Long, Ngo - In: Resource and Energy Economics 33 (2011) 4, pp. 1028-1053
This paper presents a simple model of resource extraction where preferences are defined over the individual’s consumption level, her effort and the comparison of her consumption with that of other members of the community. Our specification captures the intuition that lies behind the growing...
Persistent link: https://www.econbiz.de/10010576616
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Measuring sustainability under regime shift uncertainty: A resilience pricing approach
Li, Chuan-Zhong; Mäler, Karl-Göran - Nationalekonomiska Institutionen, Uppsala Universitet - 2010
This paper is concerned with the theory of resilience pricing and sustainability measurement in the presence of risk … future. We also analyze the role of resilience on sustainability with both ex-ante and ex-post welfare measures. …
Persistent link: https://www.econbiz.de/10008525387
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Privatizing the Commons and Economic Degradation
Ellis, Christopher J.; Birdyshaw, Edward - Department of Economics, University of Oregon - 2005
We develop a dynamic model of the exploitation of an environmental resource with endogenous property rights. We are able to explain both the evolution of property rights and environmental quality. In some circumstances the time path of environmental quality is U-shaped and resembles an...
Persistent link: https://www.econbiz.de/10005593770