Summary Based on the observation that energy costs have been decreasing over much of the 20th century, this paper extends the Romer (1990) model of endogenous technological change to examine the impact of secular changes in energy costs on technological progress and long-run growth. The key...

Summary We investigate at the precinct-level the 2001 stadium referendum for the Allianz-Arena in Munich, where voters had to decide upon a projected site as well as on public subsidies for provision of transport infrastructure. This is the first analysis of a stadium referendum with respect to...

Abstract This research focuses on the efforts taken by recent Presidents to alter the direction of several federal land policies administered by Bureau of Land Management (BLM) and the Forest Service through rulemaking processes. Of particular concern here are three programs – the hardrock...

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...

This paper analyzes the effects of natural resource wealth on the economic and political environment of a country. A dynamic game-theoretic model is used to highlight the policy choice of the government vis-a`-vis the opposition. The government utilizes both economic and other policy tools to...

Sustainable development is difficult to be achieved in mountain regions because of their sensitivity to climate change. The rapid development of mountain tourism worldwide during the last years makes the goal for sustainable mountain tourism even more challenging. Key factor to the development...

The aim of this paper is to present some aspects related to the Multilateral Trade Regulations and transnational and national environmental programs, from the point of view of their implications for foreign trade in environmental products. It should be noted that the elimination of trade...

Abstract Over the last decades, more and more countries have integrated environmental protection into their constitution. In this article, we argue that a simple economic model can explain why some countries have adopted the legal innovation of constitutional environmental protection, while...