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Climate science indicates that climate stabilization requires low GHG emissions. Is this consistent with nondecreasing human welfare? Our welfare index, called quality of life (QuoL), emphasizes education, knowledge, and the environment. We construct and calibrate a multigenerational model with...
Persistent link: https://www.econbiz.de/10014215800
method allows to define the operational economic optimum (optimum profit). The assessment considers four CO2 price scenarios …
Persistent link: https://www.econbiz.de/10014106498
Calculation of vegetation indices, especially Normalized Difference Vegetation Index (NDVI), has become one of the most successful, popular and traditional attempts in biogeographical research methods, because NDVI has certain advantages over other vegetation indices or band combinations. The...
Persistent link: https://www.econbiz.de/10014108997
We consider a game between jurisdictions within a national economy. Capital migrates between jurisdictions to satisfy an equal return condition. The total supply of capital to the economy is a non-decreasing function of the national return. This allows us to cater for the case where capital has...
Persistent link: https://www.econbiz.de/10013135689
We analyze the impact of a rise in protectionism on environmental regulation. Using the 2018 US-China trade war as a quasi-natural experiment, we find that higher exposure to tariffs leads to less stringent regulation targets in China, increasing air pollution and carbon emissions. Politically...
Persistent link: https://www.econbiz.de/10014414143
This study investigated the effect of trade liberalization on carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) emissions. The exogenous reduction in trade restrictions due to countries' accession to the World Trade Organization is used as a measure of trade liberalization. Using the...
Persistent link: https://www.econbiz.de/10013216530
We study (energy) markets with dirty incumbents and costly entry by clean producers. For intermediate entry costs, the market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments-taxation on polluters, feed-in tariffs for clean...
Persistent link: https://www.econbiz.de/10010350472
Strong growth in disposable income has driven, and is still driving, consumption to unprecedented, but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral theory of consumption is suggested and discussed with...
Persistent link: https://www.econbiz.de/10008935663
The study of Toyohashi city fs economic growth and resultant growth in municipal solid waste management were empirically examined by the relation between city economic growth, city expenditure for solid waste management and municipal solid waste. The growth in the economy and the population has...
Persistent link: https://www.econbiz.de/10011674494
This paper reviews fundamental concepts in environmental economics and explores theoretical results regarding the choice of the key policy instruments for the control of externalities: taxes, subsidies and marketable permits. The paper explains why today market mechanisms are increasingly being...
Persistent link: https://www.econbiz.de/10012757864