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exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide … the two typologies of actors. -- Foreign Direct Investments ; Environmental Negative Externalities ; Structural Changes …
Persistent link: https://www.econbiz.de/10008746858
each agent generates negative externalities on the other agents, by depleting the free access natural resource; but it also … produces positive externalities by increasing the productivity of labour via a learning-by-doing mechanism of accumulation of …-dominated by others where aggregate private consumption and labour productivity are lower. However, negative externalities can also …
Persistent link: https://www.econbiz.de/10014067325
the related coping strategies produce some kind of externalities toward others. Whether they are positive or negative, the … presence of externalities may lead the system towards Pareto-dominated states. In this work, we study under and over … externalities to other agents. We distinguish adaptation technologies between maladaptation and mitigation ones, depending on the …
Persistent link: https://www.econbiz.de/10012028341
We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...
Persistent link: https://www.econbiz.de/10015215812
We analyze growth dynamics in an economy where a private good can be consumed as a substitute for a free access environmental good. In this context we show that environmental deterioration may be an engine of economic growth. To protect themselves against environmental deterioration, economic...
Persistent link: https://www.econbiz.de/10015215815
economic development literature: the environmental externalities of human activities and agents' heterogeneity in terms of …
Persistent link: https://www.econbiz.de/10015215818
We analyze an overlapping generations model where agent’s welfare depends on three goods: leisure, environmental quality and consumption of a private good. We assume that the production process of the private good depletes the natural resource and that the consumption of the private good...
Persistent link: https://www.econbiz.de/10015215878
evolutionary game, and the growth mechanism described, in which growth is caused by negative externalities. The emphasis in this … growth mechanism is evidently different from that placed on positive externalities by current endogenous growth models. In … environmental resource is subject to negative externalities, that is, it is deteriorated by the production of the output. Faced with …
Persistent link: https://www.econbiz.de/10015215977
Car use is an increasingly serious problem in many modern cities because of polluting emissions, noise, accidents and congestion. To examine this issue, this paper analyzes the individual choice between taking the car and using alternative transport modes (e.g. walking, cycling, taking the bus...
Persistent link: https://www.econbiz.de/10015232550
each agent generates negative externalities on the other agents, by depleting the free access natural resource; but it also … produces positive externalities by increasing the productivity of labour via a learning-by-doing mechanism of accumulation of …-dominated by others where aggregate private consumption and labour productivity are lower. However, negative externalities can also …
Persistent link: https://www.econbiz.de/10010312441