Despite mixed empirical evidence, refugees have been blamed for spreading conflict in the countries that receive them. This paper hypothesizes that such a relationship largely depends on the resulting change in ethnic composition of refugee-hosting areas. To test this, this paper investigates...

We study how the import of older and more polluting technologies alters the relationship between output and environmental quality in developing countries within a vintage capital framework. Our results show that old technologies prolong the period until which pollution may eventually decrease...

The relationship between growth and pollution is studied through a vintage capital model, where new technology is more environmentally friendly. We find that once the optimal scrapping age of technologies is reached, an economy may achieve two possible cases of sustainable development, one in...