Narrow search
Showing 1 - 10 of 594
Cover Image
Green accounting, institutional quality and investment decisions : macroeconomic implications from an analysis of the oil and mining sector
Stöver, Jana - 2016
physical and natural capital. Since these two types of capital are used jointly in the industry's production process, the firms … face a dual investment decision, whereby they have to decide on the investment into both types of capital simultaneously … then shown that the form of capital aggregation in national accounting can lead to an underestimation of the effect of …
Persistent link: https://www.econbiz.de/10011419424
Cover Image
Investment and resource policy under a modified Hotelling rule
Bazhanov, Andrei - Volkswirtschaftliche Fakultät, … - 2011
An extensive literature shows the importance of investment policy for sustainability of resource-based economies. The approaches of these studies are mostly based on theoretical results that examine the role of investments in a competitive optimizing economy. This paper extends some of these...
Persistent link: https://www.econbiz.de/10009220101
Cover Image
Is China’s Growth Sustainable?
Roumasset, James; Burnett, Kimberly; Wang, Hua - Department of Economics, University of Hawaii-Manoa - 2007
have argued, deducting depreciation of produced capital from NNP but not deducting depreciation of natural capital is …
Persistent link: https://www.econbiz.de/10005765405
Cover Image
Natural resources: Curse or blessing?
van der Ploeg, Frederick - 2010
Are natural resources a 'curse' or a 'blessing'? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...
Persistent link: https://www.econbiz.de/10010270490
Cover Image
Natural Resources: Curse or Blessing?
Ploeg, Frederick Van der - CESifo - 2010
Are natural resources a “curse” or a “blessing”? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a...
Persistent link: https://www.econbiz.de/10008534046
Cover Image
Challenges and Opportunities for Resource Rich Economies
Ploeg, Frederick van der - Oxford Centre for the Analysis of Resource-Rich … - 2008
The political economy of resource rich countries is surveyed. The empirical evidence suggests that countries with a large share of primary exports in GNP have bad growth records and high inequality, especially if the quality of institutions and the rule of law are bad. The economic argument that...
Persistent link: https://www.econbiz.de/10008670362
Cover Image
Challenges and Opportunities for Resource Rich Economies
van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2006
The political economy of resource rich countries is surveyed. The empirical evidence suggests that countries with a large share of primary exports in GNP have bad growth records and high inequality, especially if the quality of institutions and the rule of law are bad. The economic argument that...
Persistent link: https://www.econbiz.de/10005661592
Cover Image
Do institutions affect sustainability?
Stöver, Jana - 2009
savings rate yields a much weaker and smaller effect. This suggests that the saving of non-physical capital is influenced more … strongly by institutional quality than that of physical capital. This further supports the explanation of the 'resource curse …
Persistent link: https://www.econbiz.de/10010305568
Cover Image
Do institutions affect sustainability?
Stöver, Jana - Hamburgisches WeltWirtschaftsInstitut (HWWI) - 2009
savings rate yields a much weaker and smaller effect. This suggests that the saving of non-physical capital is influenced more … strongly by institutional quality than that of physical capital. This further supports the explanation of the 'resource curse …
Persistent link: https://www.econbiz.de/10009211055
Cover Image
Green accounting, institutional quality and investment decisions: Macroeconomic implications from an analysis of the oil and mining sector
Stöver, Jana - 2016
physical and natural capital. Since these two types of capital are used jointly in the industry's production process, the firms … face a dual investment decision, whereby they have to decide on the investment into both types of capital simultaneously … then shown that the form of capital aggregation in national accounting can lead to an underestimation of the effect of …
Persistent link: https://www.econbiz.de/10011422514