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This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
Persistent link: https://www.econbiz.de/10010297442
This paper examines a simple North-South growth model where negative externalities may contribute to reinforce economic growth. Agents' welfare depends on three goods in the model: leisure, a common access renewable natural resource (one in each hemisphere) and a non-storable consumption good....
Persistent link: https://www.econbiz.de/10011335707
Biodiversity provides essential services to human societies. Many of these services are provided as public goods, so that they will typically be underprovided both by market mechanisms (because of the impossibility of excluding non-payers from using the services) and by government-run systems...
Persistent link: https://www.econbiz.de/10011335758
The performance of market based environmental regulation is affected by patents and vice versa. This interaction is studied for a new type of innovation where new technologies reduce emissions of a specific pollutant but at the same time cause a new type of damage. A robust finding is that the...
Persistent link: https://www.econbiz.de/10011422129
composed of three non-linear ordinary differential equations describing the dynamics of tourists, environment and services …
Persistent link: https://www.econbiz.de/10011608350
This paper critically assesses the literature on the relationship between economic integration and the environment. In …
Persistent link: https://www.econbiz.de/10011608396
We extend the economic theory of regulation to allow for strategic self-regulation that preempts political action. When political "entry" is costly for consumer, firms can deter it through voluntary restraints. Unlike standard entry models, deterrence is achieved by over-investing to raise the...
Persistent link: https://www.econbiz.de/10011608423
Economists that was held in Venice on June 25-27, 1998. It analyses the situation of the environment under different economic … long run for the environment. This hope lies in the abundance and growth, such as the world has never known, produced by …, they begin to think about the environment. This has allowed concern about the environment to become a powerful political …
Persistent link: https://www.econbiz.de/10011608432