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Is there a pecking order of cross-border investment in that countries become financially integrated primarily through some types of investment rather than others? Using a novel database of bilateral capital stocks for all types of investment - FDI, portfolio equity securities, debt securities as...
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While early literature on electricity externalities was largely concerned with fossil fuel power generation and the … spurred a wave of research on the externalities of nuclear power and renewable energies. The issue is important because many … countries have started reconsidering their energy policies, and the externalities from electricity generation play a major role …
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demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …
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We study how public policies affects an economy where production emits pollutants and investment in productive assets raises the economy’s overall productivity. We explore two hypotheses about how the accumulation of pollutants affects human well-being. Under the first one, there is no limit...
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