Showing 1 - 10 of 221
Umweltpolitik die internationale Konkurrenzfähigkeit der betroffenen Firmen erhöhen kann, in einem Zwei-Perioden-Modell mit Cournot …
Persistent link: https://www.econbiz.de/10014608748
Summary Using a duopoly model of a patent race, it is shown that a stricter environmental policy might increase the probability of a sleeping patent instead of encouraging environmental technological progress. Two scenarios are discussed. The first concerns the regulation of a firm that competes...
Persistent link: https://www.econbiz.de/10014608911
Abstract Stringent environmental taxes in high-income countries are assumed to drive dirty industries to low-income countries, but the empirical evidence for ``pollution havens" is surprisingly weak. We demonstrate that a government trying to prevent flight by a ``dirty" durable good monopolist...
Persistent link: https://www.econbiz.de/10014587589
Abstract We study how local environmental pollution affects spatial patterns of economic activities when workers can migrate. Based on a New Economic Geography model, we analytically characterize the stability conditions for three different types of equilibria: symmetric spreading, partial and...
Persistent link: https://www.econbiz.de/10014587647
markets, which balances benefits and a narrow definition of costs. I then introduce a richer normative theory that considers … costs associated with rent seeking, design and implementation, and raising revenues. The richer theory suggests that the … theory provides guidance on the setting of socially optimal taxes and subsidies. I then explore how the theory needs to be …
Persistent link: https://www.econbiz.de/10014601567
Summary The study focuses on testing the hypothesis that the subsidy system of the Common Agricultural Reform in 1992 (CAP’92) drove to changes in farm efficiency towards the thereby claimed objectives. With sequential applications of semiparametric methods we succeed to identify the impact of...
Persistent link: https://www.econbiz.de/10014609147
Purpose – This article aims to examine how investor moods and aggressiveness differ in their state and influence investor stock market performance associated with the moon phase. The mechanisms and impact of full moon gravity on investor stock trading performance are explored through an...
Persistent link: https://www.econbiz.de/10014807240
Purpose The purpose of this paper is to ascertain whether weather variables can explain the stock return reaction on the Dow Jones Sustainability Europe Index by employing a number of macroeconomic indicators as control variables. Design/methodology/approach The authors incorporate the...
Persistent link: https://www.econbiz.de/10014807255
Purpose – Emerging evidence revealed a high rate of dependence of marginal people on forest resources in developing countries for both subsistence use and cash income. The purpose of this paper is to examine the rural livelihoods welfare dimensions of community forest income in south-western...
Persistent link: https://www.econbiz.de/10014807491
Purpose – The purpose of this paper is to examine the role of activism in determining the identity of the “green” median voter and the influence of the green voter on environmental regulatory stringency in the US states. Design/methodology/approach – Regulatory stringency is measured...
Persistent link: https://www.econbiz.de/10014807493