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Social scientists have long argued that developed countries are more and more responsible for climate change because they externalise pollution to less developed countries. This paper offers a way to quantify climate responsibility by calculating carbon footprints and carbon balances between...
Persistent link: https://www.econbiz.de/10010426553
We revisit the debate on the role of technological improvement and market share reallocation in determining aggregate productivity gains. Contrary to previous work that neglects dependencies between suppliers in global value chains, we explicitly account for input linkages that impact both...
Persistent link: https://www.econbiz.de/10013269723
In this study CO2 emissions embodied in Austrian international trade are quantified employing a 66-region input output model of multidirectional trade. We find that Austria's final demand CO2 responsibilities on a global scale are 38% higher than conventional statistics report (110 Mt-CO2 versus...
Persistent link: https://www.econbiz.de/10011392327
Nowadays, an important debate in the international economies is the problem of greenhouse gas emissions and climate change related. Discussions begin to gain the world with the signature of the Kyoto Protocol (1997), where an international agreement was reached to reduce global emissions....
Persistent link: https://www.econbiz.de/10011491991
Resource prices rise when more costly sources need to be exploited. When the world price increases, owners of low …
Persistent link: https://www.econbiz.de/10011386751
We propose the so-called domestic "embodied unit labor costs" (EULC) at the country-sector level as a new cost-related basis for measures of international competitiveness. EULC take into account that a sector's labor costs constitute only a small share of its total cost which to a large extent...
Persistent link: https://www.econbiz.de/10012919512
GINFORS (Global INterindustry FORecasting System) represents a state of the art tool for integrated quantitative policy assessments of long run economic developments and associated pressures on the environment. Its empirical modelling framework rests on national input output accounts which are...
Persistent link: https://www.econbiz.de/10010208644
inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal … reminiscent of the global inflation generated by the weak dollar in the 1970s. -- Inflation ; Exchange Rates ; Macro Policies …
Persistent link: https://www.econbiz.de/10003818402
excess liquidity reminiscent of the global inflation generated by the weak dollar in the 1970s …
Persistent link: https://www.econbiz.de/10013316479
This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation …-are discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and … then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …
Persistent link: https://www.econbiz.de/10014437285