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Persistent link: https://www.econbiz.de/10012518325
Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and...
Persistent link: https://www.econbiz.de/10012661102
Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and...
Persistent link: https://www.econbiz.de/10012695872
Persistent link: https://www.econbiz.de/10011304804
pollution depends on its share of world capital. The authors show that, if the disutility of pollution in the United States is … (United States) and the South (China) in the presence of a global pollution externality. Each country's share of global … the increased pollution in China has global effects, the US may not benefit from the environmental restrictions and a …
Persistent link: https://www.econbiz.de/10010413242
on its share of world capital. We show that, if the disutility of pollution in the United States is high, there will be …) and the South (China) in the presence of a global pollution externality. Each country's share of global pollution depends … pressure on the US to raise environmental regulations on industry. Capital will move to China. Because the increased pollution …
Persistent link: https://www.econbiz.de/10010221728
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Persistent link: https://www.econbiz.de/10011699254
This paper examines convergence patterns in total greenhouse gas emissions across 114 countries from 1990 to 2019. Prior research has largely focused on one representative greenhouse gas, carbon dioxide emissions, but our goal is to broaden the study. We use the club convergence test to contrast...
Persistent link: https://www.econbiz.de/10014331561
Persistent link: https://www.econbiz.de/10009675082