Showing 1 - 10 of 31
This paper sets out a simple spatial model of energy exploitation to ask how the location and productivity of energy resources affects the distribution of economic activity across geographic space. By combining elements from energy economics and economic geography we link the productivity of...
Persistent link: https://www.econbiz.de/10011661600
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy sources. As a result, renewable sources twice as dense,...
Persistent link: https://www.econbiz.de/10010292712
We review recent research linking international trade to the environment, with a focus on new results and methods. The review is given structure by a novel decomposition linking changes in emissions to changes in productive activity at the plant, firm, industry, and national levels. While some...
Persistent link: https://www.econbiz.de/10011555551
International efforts to lower emissions have largely failed, and many now believe we will fail to limit warming to less than 2 degrees Celsius by 2100. In this extended abstract, I discuss whether a wholesale movement to renewable energy or Green Power could limit carbon emissions to meet a 2...
Persistent link: https://www.econbiz.de/10011933318
This paper sets out a simple spatial model of energy exploitation to ask how the location and productivity of energy resources may affect the distribution of economic activity around the globe. We combine elements from resource and energy economics into one framework linking the spatial...
Persistent link: https://www.econbiz.de/10010398664
Resource-based models of species competition predict that when species compete for a limiting resource in a homogeneous habitat, then the equilibrium outcome is a monoculture with the species characterised by the lowest resource requirement outcompeting all the rest. We derive harvesting rules...
Persistent link: https://www.econbiz.de/10011608436
Human economies and ecosystems form a coupled system coevolving in time and space, since human economies use ecosystems services and at the same time affect ecosystems through their production and consumption activities. The study of the interactions between human economies and ecosystems is...
Persistent link: https://www.econbiz.de/10011307300
This paper formalizes the idea that more hedging instruments may destabilize markets when traders are heterogeneous and adapt their behavior according to experience based reinforcement learning. We investigate three different economic settings, a simple mean-variance asset pricing model, a...
Persistent link: https://www.econbiz.de/10010325451
We introduce knowledge spillovers as an externality in the production function of competitive firms operating in a finite spatial domain under adjustment costs. Spillovers are spatial as productive knowledge flows more easily among firms located nearby. When knowledge spillovers are not...
Persistent link: https://www.econbiz.de/10010328697