Drawing upon the literature on environmental innovation and social metabolism, this paper investigates whether technology can lessen the problem of scarce natural resources. We focus on fossil and biomass materials as important resources for production and consumption. Utilizing a dynamic panel...

Severe climatic conditions, low population density, lack of infrastructure leave as the only possible nodular economic development of Arctic territories of the Russian Federation. In this case, a natural question arises: how to define points of growth, how to delineate those "patches of economic...

This study proposes a consistent definition of natural disaster damage costs, i.e., equivalently, of natural disaster prevention benefits in accordance with general definition of benefits, Willingness to Pay, more concretely, Equivalent Variation, of any policy such as tax reforms,...

To explain economic impacts of flood damage due to climate change over time in Japan, this study develops a dynamic spatial computable general equilibrium model, and measures flood damage costs through some numerical experiments. It is inferred that the frequency and the intensity of flood are...

This study aims at unveiling regional development differences in Norway with respect to various natural resource-based activities that take place in the NUTS3 regions. Norway's natural riches range from agricultural and forest resources to fisheries, mines, petroleum and gas. Considering the...

In the current new competitive environment, smart specialization has emerged strongly as a territorial development model to increase the efficiency and effectiveness of economic systems. An aspect from which it differs from previous models is the special emphasis on governance. In this...