Showing 1 - 10 of 19,915
This paper calculates and analyzes key indicators from Bolivia's Green National Accounts during the period 1990 - 2015, which covers an entire Commodity Super Cycle. The first half includes the Great Commodities Depression while the second half of the period is characterized by an unprecedented...
Persistent link: https://www.econbiz.de/10011778863
to determine the (perceived) risk in the face of which oil and mining firms determine their level of investment in … face a dual investment decision, whereby they have to decide on the investment into both types of capital simultaneously … adequately accounted for in preceding studies. By integrating the dual investment model into the green accounting approach it is …
Persistent link: https://www.econbiz.de/10011419424
The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous knowledge creation to analyse substitution between primary inputs and an essential use of resources in the innovation sectors, which is generally considered as most unfavourable for...
Persistent link: https://www.econbiz.de/10011793475
investment rate, and the real value of oil production. Secondly, we investigate the long-run (level) effects of natural resource …
Persistent link: https://www.econbiz.de/10013095480
This paper presents a macroeconomic approach to sustainable growth. After clarifying the concept of sustainability, the interdependence between natural resources and accumulated capital stocks such as physical, human, and knowledge capital is discussed. The conditions for the substitution...
Persistent link: https://www.econbiz.de/10009623407
This paper argues that there are several factors that investors must take into account when choosing to invest or not. One of the most important factors, which goes largely undiscussed in existing literature, is the behavior of governments undergoing political reform. Specifically, the...
Persistent link: https://www.econbiz.de/10013076761
investment (FDI). At first, their potential effects are discussed using arguments from the pollution haven hypothesis and the …-abundant or resource export-dependent. Inward FDI also tend to be directed toward countries with relatively stricter environmental …
Persistent link: https://www.econbiz.de/10013077143
The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...
Persistent link: https://www.econbiz.de/10014023894
accumulating public capital and its associated public investment path in a perfect foresight general equilibrium model. The model …. Public investment is inefficient and has its absorptive capacity constraint costs. External savings clear the government … be capital-intensive with its FDI shock. Based on calibration for African countries, the study finds that the front …
Persistent link: https://www.econbiz.de/10014533530
Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by … investment, notably: political, economic and institutional governances. Financial indicators of depth, allocation efficiency … governance as a better determinant of private investment than financial intermediary development. Moreover, the evidence of …
Persistent link: https://www.econbiz.de/10011417473