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Vulnerability to scarcity or to reduction of natural capital depends on defensive substitution possibilities that, in turn, are affected by the availability of other productive factors. However, in several developing countries asset distribution tends to be highly skewed. Taking into ac- count...
Persistent link: https://www.econbiz.de/10008700108
When formal regulation is weak or absent, communities often use other channels to induce pollution abatement by local … factories in a process of "informal regulation." The resulting "pollution equilibrium" reflects the relative bargaining power of … the community and the plant. This note uses Indonesian data from 1989-90 on plant-level organic water pollution to test …
Persistent link: https://www.econbiz.de/10014073005
pollution abatement and then the SNGA offers an incentive compatible and collusion-proof IEA to the two DC parties. In the … principal conclusions are as follows: First, the contractually specified levels of pollution abatement and the pattern of the … contracting with monitoring device manipulation, the SNGA will prefer contracting with a ceiling constraint. Fourth, the pollution …
Persistent link: https://www.econbiz.de/10014119802
This study aimed to investigate the nature of energy applied in hotel industry in Macedonia. It explored the indicators for resources application in three, four and five star hotels. The data were collected by means of an online survey conducted among 45 managers and department supervisors. It...
Persistent link: https://www.econbiz.de/10011538703
Climate change is one of the most critical environmental issues of the twenty first century. Buildings have a negative environmental impact; they emit Green House Gases (GHG), consume energy, water, and raw materials. Managers of firms working in the building sector take important decisions when...
Persistent link: https://www.econbiz.de/10013072637
This paper examines the determinants of credit allocation to renewable energy firms in developing and transition countries. Using a simple endogenous growth model, we show that the development of the renewable energy sector, i.e. the diversification of renewable energy resources used in primary...
Persistent link: https://www.econbiz.de/10003288475
The effect of public investment on economic growth is a crucial public policy issue. Empirical research into this question was stimulated by Aschauer (1989), who suggested that public capital has a powerful impact on the productivity of private capital.Aschauer's results were controversial and...
Persistent link: https://www.econbiz.de/10012725171
Productive consumption enables the satisfaction of current needs and, at the same time, increases the productive potential of labour. Theoretical as well as empirical evidence suggests that productive consumption is primarily relevant to low-income countries. From the perspective of growth...
Persistent link: https://www.econbiz.de/10011615526
Persistent link: https://www.econbiz.de/10012996127
There is long tradition in the economic literature that recognizes learning and the diffusion of new ideas and technologies as one of major drivers for growth, especially in developing countries. However, while adopting a new technology mainly involves cost, some technologies may also be human...
Persistent link: https://www.econbiz.de/10014439042