Showing 1 - 10 of 17,600
While the global economy continues to grow, ecosystem services tend to stagnate or decline. Economic theory has shown how such shifts in relative scarcities can be reflected in project appraisal and environmental-economic accounting, but empirical evidence has been sparse to put theory into...
Persistent link: https://www.econbiz.de/10014551808
Persistent link: https://www.econbiz.de/10013501265
Persistent link: https://www.econbiz.de/10011793961
Persistent link: https://www.econbiz.de/10003418593
Persistent link: https://www.econbiz.de/10011346381
Persistent link: https://www.econbiz.de/10001493210
Persistent link: https://www.econbiz.de/10001212336
Persistent link: https://www.econbiz.de/10001293862
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
Persistent link: https://www.econbiz.de/10012387514
Persistent link: https://www.econbiz.de/10011989560