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We investigate the relationship between carbon intensity and default risk for South Korean firms and examine the role of investor attentiveness to environmental issues on this relationship. Using carbon emissions and Merton’s distance-to-default, we find that carbon emission is significantly...
Persistent link: https://www.econbiz.de/10014258461
This paper establishes a simple theoretical framework which comprises key forces that shape the structure and interrelation of cities to study the interdependencies between urban evolution and the environment. We focus on the potential of the unfettered market forces to economize on emissions. A...
Persistent link: https://www.econbiz.de/10011283185
In line with recent trends toward decentralization, prefectural and municipal governments in Japan are becoming increasingly involved with managing global warming in their regions. As a result, there is a new need to estimate the environmental effects of regional economic activities, which can...
Persistent link: https://www.econbiz.de/10011287486
Climate change is a significant threat to sustainable development (SD). Using the Log-Mean Divisia Index Method (LMDI) a decomposition of the data on the greenhouse gas (GHG) emissions in the European Union (EU) in 2000-2013 is carried out. To detect if decoupling of the environmental variable...
Persistent link: https://www.econbiz.de/10012952172
This paper studies the impact of regional housing and land stock allocations on carbon emissions and the role for policy therein. It first measures the role of home sizes and population densities in determining differences between U.S. urban areas in carbon footprint of their residents, which...
Persistent link: https://www.econbiz.de/10012957925
The goal of the present paper resides in the comparative analysis of the statistical FAOSTAT data and information in the last 25 years, for the EU countries and other European countries, completed with data and information from the well known literature and from webographics, refering to the...
Persistent link: https://www.econbiz.de/10012518897
Existing studies have investigated the environmental dividends of substituting high-speed rail for other energy-intensive vehicles from an engineering standpoint, but they have yet to explore the economic effects of high-speed rail and the associated carbon emission reduction benefits. To fill...
Persistent link: https://www.econbiz.de/10012654124
This paper investigates the convergence behaviour of carbon dioxide emissions for 39 countries in the Americas from 1960-2016. A linear regression test of convergence which looks for conditional sigma convergence is employed, and a clustering algorithm is used to identify convergence clubs. The...
Persistent link: https://www.econbiz.de/10014234252
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