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capitalization, exploration investment and discoveries. To explain and quantify these four effects, we use an analytical model of … investment in exploration capital with intertemporal adjustment costs, depletion of reserves and market capitalization, and …
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Large and sustained differences in marginal products of capital (MPKs) across countries are sharply at odds with the core implications of the neoclassical framework. Lucas (1990) and many subsequent studies have examined reasons for this MPK differential. In a recent contribution, Caselli and...
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macroeconomic return of adaptation investment to natural disasters (NDs) and the impact of climate change. While the model follows … public finances. It also shows that adaptation investment has large returns in terms of private investment, employment …
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This paper addresses several broad issues for governments aiming to encourage private sector investment in low … systems suggests the potential to generate virtuous cycles of low carbon growth. Governments can encourage private investment … considering governance arrangements that can enable and secure private engagement in LCR infrastructure investment, including …
Persistent link: https://www.econbiz.de/10009685871