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Using a two-factor (labor and capital), two-good (shift-working and non shiftworking commodities) model with two countries (Home and Foreign) which are located in different time zones, we highlight the impact of trade in labor services (via communication networks) on the comparative advantage of...
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Bei der Nutzung von Umwelt und Natur konkurriert die heutige Generation mit zukünftigen Generationen. Mineralische Brennstoffe wie Erdöl, die wir heute verwenden, sind in der Zukunft nicht mehr vorhanden, metallische Rohstoffe lediglich durch die Wiederverwendung teilweise zurückgewinnbar....
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Uncertainty is an important aspect of the environmental issue quite a few of the basic functions describing the role of the environment for the economic system are not well known "ex ante". Emissions interact through rather complex and intricate systems and pollutants such as DDT accumulate...
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This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were the two driving forces of the growth process. FDI plays...
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