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Understanding the economic value of nature and the services it provides to humanity has become increasingly important for local, national and global policy and decision making. However, problems arise in that it is difficult to obtain meaningful values for goods and services that ecosystems...
Persistent link: https://www.econbiz.de/10010276543
It is often contended that there is a sharp conflict between the economist's and the ecologist's approach to the question of sustainability. This paper takes the opposite view. The paper attempts to show that both views can be formulated in a common analytical framework and that carried to its...
Persistent link: https://www.econbiz.de/10010305793
analysiert werden. Die Theorie der Bestände stellt einen Baustein für die konzeptionellen Grundlagen der Ökologischen Ökonomie …
Persistent link: https://www.econbiz.de/10011422098
Economists have a good understanding of intra-economic interdependence and a mature methodology of modeling it. Ecologists focus on the complex and sensitive interactions of species in ecosystems. This paper's objective is to suggest a new micro-foundation of ecosystem analysis based on economic...
Persistent link: https://www.econbiz.de/10010322056
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over … and show that inequality is harmful for the environment: the poorer the median voter relative to the average individual …
Persistent link: https://www.econbiz.de/10010312338
environmental issues, and giving a hint on some of its wider applications. We also show relationships to neoclassical growth theory. …
Persistent link: https://www.econbiz.de/10011422101
This paper studies Krugman's (1991) core-periphery model and extends it to include environmental pollution. We present the first analytic proof that only an even spreading of the firms over both of the two regions or a complete agglomeration of all manufacturing firms in one region are possible...
Persistent link: https://www.econbiz.de/10011422118
In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full co-operation in a voluntary international environmental agreement by making all...
Persistent link: https://www.econbiz.de/10011608534
In this paper we introduce the CLIMNEG World Simulation (CWS) model for simulating cooperative game theoretic aspects of global climate negotiations. The model is derived from the seminal RICE model by Nordhaus and Yang (1996). We first state the necessary conditions that determine optimal...
Persistent link: https://www.econbiz.de/10011608837
The performance of market based environmental regulation is affected by patents and vice versa. This interaction is studied for a new type of innovation where new technologies reduce emissions of a specific pollutant but at the same time cause a new type of damage. A robust finding is that the...
Persistent link: https://www.econbiz.de/10011422129