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The paper presents opportunities for sustainable development of mountain regions in the Republic of Bulgaria analyzing good practices and providing recommendations for future development. The most important risks in the examined sectors in their joint development are considered and classified...
Persistent link: https://www.econbiz.de/10012948135
The paper examines life-long strategies in international and national scope and opportunities to adopt their priorities in regional strategies for improving level and access to vocational training and qualifications in mountain regions in the Republic of Bulgaria. The educational and training...
Persistent link: https://www.econbiz.de/10014119412
Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity of substitution between clean and dirty production represents a crucial condition for green growth. Until now it has never been systematically estimated. Using a novel panel of...
Persistent link: https://www.econbiz.de/10010484775
With CAIT WRI data for those countries which submitted quantifiable CO2 emission caps under the Copenhagen Agreement, this note supports the existence of a long run relationship between CO2 emissions and GDP in 11 of the 26 countries in our sample over the period 1980-2008. However, the...
Persistent link: https://www.econbiz.de/10009769635
Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity of substitution between clean and dirty production represents a crucial condition for green growth. Until now it has never been systematically estimated. Using a novel panel of...
Persistent link: https://www.econbiz.de/10010202674
Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...
Persistent link: https://www.econbiz.de/10014347833
The standard approach to the Environmental Kuznets Curve (EKC) holds that as a country develops and GDP per capita grows environmental degradation initially increases but eventually it reaches a turning point where environmental degradation begins to decline. Environmental degradation takes many...
Persistent link: https://www.econbiz.de/10012694466
In growth theory, a greater-than-one elasticity of substitution between clean and dirty energy is among key necessary conditions for long-run green economic growth. Using parametric specifications, Papageorgiou et al. (2017) provide first estimates of this fundamentally important inter-energy...
Persistent link: https://www.econbiz.de/10012921320
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...
Persistent link: https://www.econbiz.de/10012803772
This paper investigates a problem of optimal growth with resource exhaustibility and pollution externality, based on a … resource exhaustibility and pollution externality are smaller than those with only resource exhaustibility, and taking account … of pollution externality resulting from resource extraction reduces the growth rate of consumption if man-made capital …
Persistent link: https://www.econbiz.de/10012959742