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Research and Science Today No.3
Gheorghe, Anamaria Elena; Manole, Andrada Ligia; … - Volkswirtschaftliche Fakultät, … - 2012
address issues of theory and practice in the areas mentioned above. The Journal is a training means of the factors involved in …
Persistent link: https://www.econbiz.de/10011257754
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Environmental Protection: A Theory of Direct and Indirect Competition for Political Influence
Yu, Zhihao - Carleton University, Department of Economics - 2003
How is it that environmental groups can have a strong impact on environmental policy but without much lobbying? This paper develops a model of ‘direct’ (lobbying the government) and ‘indirect’ (persuading the public) competition for political influence and finds that they are...
Persistent link: https://www.econbiz.de/10005627024
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On the Choice of the Discount Rate and the Role of Financial Variables and Physical Parameters in Estimating the Levelized Cost of Energy
Manzhos, Sergei - In: International Journal of Financial Studies 1 (2013) 3, pp. 54-61
argue that the risk-free rate should be used for discounting when assessing and comparing the cost of energy across …
Persistent link: https://www.econbiz.de/10010678505
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Do REITs Outperform Stocks and Fixed-Income Assets? New Evidence from Mean-Variance and Stochastic Dominance Approaches
Chiang, Thomas C.; Lean, Hooi Hooi; Wong, Wing-Keung - In: Journal of Risk and Financial Management 1 (2008) 1, pp. 1-40
This paper re-examines the performance of REITs, stocks, and fixed-income assets based on the preferences of risk …-averse and risk-seeking investors using mean-variance and stochastic dominance approaches. Our findings indicate no first … order to maximize their expected utility, the risk-averse prefer fixed-income assets over real estate, which, in turn, is …
Persistent link: https://www.econbiz.de/10010699155
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Environmental fiscal competition under productdifferenciation and endogeous firm location
Alonso-Carrera, Jaime; Chamorro-Rivas, José-María - Departamento de Economía Aplicada, Facultade de … - 2003
The purpose of this paper is to conduct a positive analysis of the effect of the pollution taxation on the cross-country location of firms, on the volume of production and on welfare. In particular, we focus on the environmental problem arising when the production generates strictly local...
Persistent link: https://www.econbiz.de/10011274451
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Evolutionary Thinking in Environmental Economics
Bergh, Jeroen C.J.M. van den - Tinbergen Institute - 2007
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10005144510
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Environmental regulation incidences towards international oligopolies: pollution taxes vs emission permits
Florent, PRATLONG - In: Economics Bulletin 17 (2005) 5, pp. 1-9
The purpose of this paper is to analyze whether the choice between two instruments of environmental policy (pollution taxes vs emission permits) affects the market shares in the presence of imperfectly competitive product markets. We consider two countries, referred to as the Domestic country...
Persistent link: https://www.econbiz.de/10005110785
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What Did the Market Buy? Cost Savings Under the U. S. Tradeable Permits Program for Sulfur Dioxide
Keohane, Nathaniel O. - School of Management, Yale University - 2003
Title IV of the 1990 Clean Air Act instituted a nationwide system of tradeable pollution permits for sulfur dioxide emitted by electric power plants. This paper asks: What were the cost savings from using a market-based instrument, rather than a more conventional prescriptive approach? Using an...
Persistent link: https://www.econbiz.de/10005587130
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Coordination of Environmental Policy for Transboundary Environmental Problems.
Hoel, M. - Økonomisk institutt, Universitetet i Oslo - 1996
In order to reach a Pareto optimal outcome with transboundary environmental problems, there must be some kind of international environmental agreement. One possibility is to have an international environmental agreement focusing directly on emissions in each country. Given such an agreement, an...
Persistent link: https://www.econbiz.de/10005652309
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Environmental Policy and Tax Structure at the State Level
Cutler, Harvey; Iverson, Terry; Keyser, David; … - European Regional Science Association - 2013
Energy policy research has historically emphasized federal policies to reduce greenhouse gas emissions. Reflecting this, economic modeling resources for state-level energy policy analysis is absent in most places. In this paper, we develop and apply a data-intensive computable general...
Persistent link: https://www.econbiz.de/10010740384