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Persistent link: https://www.econbiz.de/10005037410
After the conferences in Bonn and Marrakech it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios do not only differ...
Persistent link: https://www.econbiz.de/10008520287
due to complete crowding out between government expenditure and investment. This is vehemently rejected by radical … expenditure. The present paper divides government expenditures into two categories, consumption and investment expenditure. Also … investment expenditure has been studied in five sectors: agricultural, gas and oil, construction, industry and mineral and …
Persistent link: https://www.econbiz.de/10010695820
general equilibrium model, this paper argues that climate change will negatively affect agricultural productivity in Africa …
Persistent link: https://www.econbiz.de/10011259199
productivity of the private sector since Munnell (1992). We have thus introduced this relation into the recursive dynamic …
Persistent link: https://www.econbiz.de/10009019262
For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...
Persistent link: https://www.econbiz.de/10011107392
productivity of the private sector since Munnell (1992). We have introduced this relationship into a recursive dynamic computable …
Persistent link: https://www.econbiz.de/10010684813
development, and economic growth in Kenya - during the period from 1980 to 2012. In order to address the problem of omitted … variable bias, the study includes savings and investment as control variables - thereby creating a multivariate Granger … Kenya. This causal flow applies irrespective of whether the causality is estimated in the short run or in the long run. The …
Persistent link: https://www.econbiz.de/10011207718
Fixed point theorems are the standard tool used to prove the existence of equilibria in mathematical economics. This paper shows how to prove a slight generalization of Brouwer's and Kakutani's fixed point theorems using the familiar techniques of drawing and shifting curves in the plane and is,...
Persistent link: https://www.econbiz.de/10005607526
Persistent link: https://www.econbiz.de/10005838410