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policy may even imply an increased resource use. In this case, a large part of the sustainability objective is met by … substituting domestic resource extraction by imports. When sustainability is modelled in an inter temporal, competitive framework …, the paper shows that the sustainability rule will not lead to a slower rate of extraction of the resource. …
Persistent link: https://www.econbiz.de/10010261682
This paper studies income-redistribution effects from labor migration in a small open economy under alternative assumptions on the international mobility of capital. Our principal result is that induced international capital flows dampen or may even reverse redistribution effects. However, as...
Persistent link: https://www.econbiz.de/10010398152
This paper analyzes the effects of trade liberalisation on the political support for policies that redistribute income between workers in different sectors. We allow for worker heterogeneity and imperfect mobility of workers across sectors, giving rise to a trade-off between redistribution and...
Persistent link: https://www.econbiz.de/10010291563
This paper studies income-redistribution effects from labor migration in a small open economy under alternative assumptions on the international mobility of capital. Our principal result is that induced international capital flows dampen or may even reverse redistribution effects. However, as...
Persistent link: https://www.econbiz.de/10009774701
Persistent link: https://www.econbiz.de/10009750701
Persistent link: https://www.econbiz.de/10011654932
When abatement costs are uncertain, but correlated, and a country becomes pri-vately informed that costs are low, then unilateral actions serve as a signalling devise to reveal low costs and unilateral actions have the potential to trigger positive responses abroad. However, the country engaging...
Persistent link: https://www.econbiz.de/10010321933
Most dynamic trade models assume steady state or balanced growth. This paper argues while this can be done in a single region model or a model without trade, the steady state assumption is problematic in a multi-regional setting with trade interactions. This paper shows the consequences of...
Persistent link: https://www.econbiz.de/10010330104
Introduction -- PART I THE ENVIRONMENTAL MOVEMENT -- Differing Views on the Environment -- The International Dimension of the Environment -- PART II THEORETICAL ENVIRONMENTAL ECONOMICS -- Basics of Environmental Economics -- Allocation Problems in a Market Economy -- The Internalization of...
Persistent link: https://www.econbiz.de/10013199055