Showing 1 - 10 of 216
Political risk insurance is an insurance product sold to firms as a means to protect them against some political risks associated with investing abroad. This paper argues that political risk insurance may in fact be a source of political risk. Looking at cases in the Asia-Pacific region, we...
Persistent link: https://www.econbiz.de/10014585475
Purpose The purpose of this paper is to propose a decision-support methodology for public and private subjects involved in the enhancement of public properties. In particular, with reference to cases in which the disused public property can be sold and the range of functions that define the...
Persistent link: https://www.econbiz.de/10014898883
This paper critically assesses the relative merits of indirect and direct methods of international property investment. Despite similarities in the underlying asset base, each offers different qualities in terms of information costs, diversification, management and transaction costs, liquidity,...
Persistent link: https://www.econbiz.de/10014971519
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 The purpose of this paper is to explore the determinants of life satisfaction in Turkey. Moreover, this study explores the effects of air pollution and crime problems on well-being. Design/methodology/approach The estimates are based on cross-sectional data from the health survey in...
Persistent link: https://www.econbiz.de/10014807007
categorisation of consumer motivations, through the application of self-determination theory which shows how concerns for … responsible purchasing decisions. Research limitations/implications – The research was designed for theory building, not theory … of self-determination theory by demonstrating how and why consumer motivations differ and how an improved sense of well …
Persistent link: https://www.econbiz.de/10014807077
Purpose The purpose of this paper is to revisit the Environmental Kuznets Curve (EKC) model in Sub-Saharan Africa (SSA) countries by focusing on two indicators of environmental change (EC), namely rate of deforestation (RD) and all greenhouse gas emissions from agriculture (Agric_GHG) with aim...
Persistent link: https://www.econbiz.de/10014807094