Showing 1 - 10 of 32
Persistent link: https://www.econbiz.de/10012175245
We study optimal subsidies for renewable energy (RE) generation to internalize external benefits from intertemporal learning-by-doing spillovers, taking into account increasing marginal costs at the industry level due to limited availability of sites suitable for RE. We find that the optimal RE...
Persistent link: https://www.econbiz.de/10012317289
Persistent link: https://www.econbiz.de/10012165727
The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of variety. We show that the love-of-variety effect enables...
Persistent link: https://www.econbiz.de/10010981413
The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of variety. We show that the love-of-variety effect enables...
Persistent link: https://www.econbiz.de/10010368118
Persistent link: https://www.econbiz.de/10011760390
We perform a model analysis to study the origins of limited resilience in ecological-economic systems. We demonstrate that the resilience properties of the ecosystem are essentially determined by the management institutions and consumers' preferences for ecosystem services. In particular, we...
Persistent link: https://www.econbiz.de/10003793404
Persistent link: https://www.econbiz.de/10009270016
The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of variety. We show that the love-of-variety effect enables...
Persistent link: https://www.econbiz.de/10010357610
. Sustainability as a normative concept captures basic ideas of intergenerational justice when human well-being depends on natural … capital and services. Thus, resilience and sustainability are independent concepts. In this paper, we discuss the relationship … between resilience and sustainability of ecological-economic systems. We use a simple dynamic model where two natural capital …
Persistent link: https://www.econbiz.de/10014203180