Evolving openness to trade is hard to measure, despite its relevance to models of growth, inflation and exchange rates. Our innovative technique measures trade openness encompassing both observable trade policy (tariffs and surcharges) and unobservable trade policy (quotas and other nontariff...

Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...

The purpose of this paper is to analyze the contagious currency crisis, which is characterized by regional nature. As the changing of the economic circumstances in one country does affect on the other country’s economy, it is important to analyze some direct and indirect effects. The currency...

One of the major shortcommings of past environmental Kuznets curve (EKC) studies is that the spatiotemporal aspects within the data have largely been ignored. By ignoring the spatial aspect of pollution emissions past estimates of the EKC implicitly assume that a region’s emissions are...

This paper is concerned with the empirical relationship between biodiversity conservation valuesand income. We use random effects panel models to examine the effects of income, and then GDPper capita, on willingness to pay for habitat and biodiversity conservation. In a meta-analysis,...

In this paper, we apply time series techniques for panel data to the environmental Kuznets curve (EKC) model. Within the literature that estimates emissions-income relations in the EKC context, little attention has been paid to the time series properties of the data and in particular to whether...

The environmental Kuznets curve (EKC) hypothesis proposes that there is an inverted U-shape relation between environmental degradation and income per capita. Various explanations for this phenomenon have been put forward and some authors argue that important explanatory variables are omitted...

Politische Entscheidungsträger stehen heute vor der Herausforderung, dem Klimawandel zu begegnen, ohne das Entwicklungspotential von Entwicklungsländern einzuschränken. In diesem Zusammenhang trägt diese Arbeit zur Beantwortung der Frage bei, ob Entwicklung ohne höheren CO2-Ausstoß...

Die drei Essays dieser Dissertation verbinden Themen der wirtschaftlichen Entwicklung und des Klimawandels. Alle Essays erörtern die allgemeine Frage wie steigende Einkommen und Austauschbeziehungen in Umweltfragen verbunden werden können und konzentrieren sich dabei auf CO2 Emissionen als...

Moral choice, as a precursor to behavious, has an important influence on the success or failure of business entities. According to Rest, 1983, Morality, Moral Behaviour and Moral Development (John Wiley & Sons, New York), moral choice is prompted, amongst other things, by a motivational...