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Spatial Econometric Approaches to Estimating Hedonic Property Value Models
Wang, Li; Ready, Richard C. - 2005
The inclusion of spatial correlation of house price in hedonic pricing model may produce better marginal implicit price estimate(s) of the environmental variable(s) of interest. Most applications where a spatial econometric model is applied to the estimation of a hedonic property value model...
Persistent link: https://www.econbiz.de/10009442950
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The consequences of China's WTO accession on its neighbors
McKibbin, Warwick J; Woo, Wing Thye - 2003
competition increase as a result of China's recent accession to the World Trade Organization? Will Indonesia, Malaysia, the … model suggest that, beyond the underlying international repercussions generated by China's emergence into the international … economy, China's WTO accession per se is likely to generate additional substantial benefits for China and have little …
Persistent link: https://www.econbiz.de/10009451727
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Reform of the international monetary system: some concrete steps. Bruegel Policy Contribution 2011/03, 8 March 2011
Benassi-Query, Agnes; Pisani-Perrry, Jean; Yongding, Yu. - 2011
Reform of the international monetary system is under discussion after three decades of apathy. Tectonic shifts in the balance of international power have made reform more urgent. However, in the short term, there is little chance of a grand redesign of the international monetary...
Persistent link: https://www.econbiz.de/10009463977
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China: impact of the pandemic and economic recovery
Buesa Olavarrieta, Alejandro
the main features of the phase of economic recovery in China so far in 2020. These notably include, in first place, the … possible to fully extrapolate the experience of China to other economies, owing to the combination of some specific factors …
Persistent link: https://www.econbiz.de/10012525229
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Emissions Trading and Intersectoral Dynamics: Absolute versus Relative Design Schemes
de Vries, Frans P.; Dijkstra, Bouwe R.; McGinty, Matthew - 2011
This paper examines the interdependence between imperfect competition and emis-sions trading in a two-sector (clean and dirty) economy. We compare the welfare implica-tions of an absolute cap-and-trade scheme (permit trading) with a relative intensity-basedscheme (credit trading). We nd...
Persistent link: https://www.econbiz.de/10009465954
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Incorporating jurisdiction issues into an analysis of carbon attributable to Welsh final consumption under different economic conditions: an integrated IO and CGE analysis
Turner, Karen; De Fence, Janine; McGregor, P. G.; … - 2010
This paper considers the combined use of regional input-output (IO) and computable general equilibrium (CGE) methods to examine regional pollution problems from different consumption and production orientated perspectives. The first stage of the analysis involves using a regional input-output...
Persistent link: https://www.econbiz.de/10009465810
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How responsible is a region for its carbon emissions? An integrated input-output and CGE analysis
Turner, Karen; Munday, Max; McGregor, P. G.; Swales, J. Kim - 2011
Targets for CO2 reduction tend to be set in terms of the amount of pollution generated within the borders of a given region or nation. That is, under a "production accounting principle". However, in recent years there has been increased public and policy interest in the notion of a carbon...
Persistent link: https://www.econbiz.de/10009465851
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Econometric estimation of Armington import elasticities and their system-wide impact in a regional CGE model of the Illinois economy
Soo, Jung Ha; Turner, Karen; Hewings, Geoffrey; … - 2010
One of the main concerns associated with the development and use of regional CGE models is the determination of key parameter values, particularly substitution and other price elasticities. A common problem is the lack of appropriate regional data for econometric estimation. Consequently, it is...
Persistent link: https://www.econbiz.de/10009465867
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An integrated IO and CGE approach to analysing changes in environmental trade balances
Turner, Karen; Gilmartin, Michelle; McGregor, P. G.; … - 2011
The application of multi-region environmental input-output (IO) analysis to the problem of accounting for emissions generation (and/or resource use) under different accounting principles has become increasingly common in the ecological and environmental economics literature, with many...
Persistent link: https://www.econbiz.de/10009465944
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Productivity Growth, Decoupling and Pollution Leakage
Turner, Karen; Hanley, Nick; Cui, Cathy Xin; Soo, Jung Ha; … - 2011
This paper examines the issue of decoupling economic growth and pollution through growth driven by productivity improvements; and the extent to which pollution effects spill over national borders. Focus is widened from conventional production measures of pollution to a consumption accounting...
Persistent link: https://www.econbiz.de/10009465953