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How do severe recessions, such as those brought about by the Global Financial Crisis or the COVID-19 pandemic, affect the composition of energy generation between green and dirty sources? Does creative destruction during recessions result in a sustained greening of the energy mix? The empirical...
Persistent link: https://www.econbiz.de/10014466810
This paper studies the properties of second-best optimal policy in a standard general equilibrium model of growth augmented with renewable natural resources. The government chooses its policy instruments (the income tax rate and the allocation of collected tax revenues between public investment...
Persistent link: https://www.econbiz.de/10010261160
In the Tragedy of the Commons Hardin suggested that with respect to global commons we are trapped in a vicious circle where calculations of utility pushes us to keep polluting our own nest. This taken on a global scale has led to concerns about climate change and a realization that measures need...
Persistent link: https://www.econbiz.de/10012969759
This paper studies the properties of second-best optimal policy in a standard general equilibrium model of growth augmented with renewable natural resources. The government chooses its policy instruments (the income tax rate and the allocation of collected tax revenues between public investment...
Persistent link: https://www.econbiz.de/10013318617
Income inequality in China is severe; measured by the Gini-coefficient it amounted to 0.46 in 2011; wealth distribution is even worse with 0.61. These disparities led to a major shift in emphasis of politics in general and of the Five-Year Plan for National Economic and Social Development by the...
Persistent link: https://www.econbiz.de/10011422231
There is an urgent need to mitigate global warming for all countries around the world. The People’s Republic of China (PRC) has announced a series of energy and climate policy targets in contributing its efforts toward meeting the ambitious goals in the Paris Agreement and the newly pledged...
Persistent link: https://www.econbiz.de/10014077692
Planet Earth, with its plethora of natural (im)balances, has a venerable age of 4.54 billion years; the (industrial) imprint placed by the human species on it, considered to be not negligible, counts of just little over two centuries; while the digital/IT&C/virtual existence of man, in what we...
Persistent link: https://www.econbiz.de/10012990308
In sub-Saharan Africa (SSA) diets are largely based on cereal or root staple crops. Together with socio-cultural change, economic and demographic growth could boost the demand for meat, with significant environmental repercussions. We model meat consumption pathways to 2050 for SSA based on...
Persistent link: https://www.econbiz.de/10013239608
Demand for fertilizer in developing countries has expanded at a rapid rate over the past forty years. The relative scarcity of agricultural land has been a major underlying cause of this expansion in demand. More proximate causes include the development of complementary Green Revolution...
Persistent link: https://www.econbiz.de/10014024071
The law and policy of salmon protection and restoration are complex, and matters surrounding salmon implicate topics as varied as Indian treaty fishing rights, dam management and removal, international treaties, predator con­trol, and climate change. Pacific Salmon Law and the Environment...
Persistent link: https://www.econbiz.de/10014030605