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The attractiveness of a tourist destination is partly dependent on its environmental and climatic resource base. Climate change can be expected to have an effect on this attractiveness and will subsequently alter patterns of demand. An application of the pooled travel cost model using survey...
Persistent link: https://www.econbiz.de/10011324901
As businesses span the globe, multinational and translational companies conduct their business operations in foreign settings, especially in developing countries and in countries in transition from Communist regimes. This poses new challenges to expatriate managers and to home-based staff in...
Persistent link: https://www.econbiz.de/10011324902
This article provides a non-technical overview of important results of the game theoretical literature on the formation and stability of international environmental agreements (IEAs) on transboundary pollution control. It starts out by sketching features of first and second best solutions to the...
Persistent link: https://www.econbiz.de/10011324922
to be relatively small, carbon sequestration externalities do matter and influence the nature of future world energy …
Persistent link: https://www.econbiz.de/10011324932
The identification of the forces that drive stock returns and the dynamics of their associated volatilities is a major concern in empirical economics and finance. This analysis is particularly relevant for determining optimal hedging strategies based on whether shocks to the volatilities of...
Persistent link: https://www.econbiz.de/10011324953
Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...
Persistent link: https://www.econbiz.de/10011324958
period. We find that in the 1970's this world was quite fragmented with the largest interconnected group { the giant …, leading us to conclude that economics is an emerging small world. A crucial stable feature of the network over this period is … themselves). The world of economics is thus a collection of inter-linked stars. We also find that a growth in the average number …
Persistent link: https://www.econbiz.de/10011324960
The economy-wide implications of sea level rise in 2050 are estimated using a static computable general equilibrium model. Overall, general equilibrium effects increase the costs of sea level rise, but not necessarily in every sector or region. In the absence of coastal protection, economies...
Persistent link: https://www.econbiz.de/10011324970
This paper analyses stability of coalitions for greenhouse gas abatement for different sharing rules applied to the gains from co-operation. We use a 12-regions model designed to examine internal and external stability of coalitions (STACO). We compare different sharing rules like, for example,...
Persistent link: https://www.econbiz.de/10011324972
This paper analyses the policy relevance of the dominant uncertainties in our current scientific understanding of the terrestrial climate system, and provides further evidence for the need to radically transform - this century - our global infrastructure of energy supply, given the global...
Persistent link: https://www.econbiz.de/10011324973