Showing 91 - 100 of 1,315
Persistent link: https://www.econbiz.de/10010046605
This paper studies the effects of an increase in risk on welfare and optimal policies in a stochastic dynamic model of global pollution. In a first step, we focus on the case of a single decision maker, and make use of an approach pioneered by Kimball (2014) for studying the impact of a marginal...
Persistent link: https://www.econbiz.de/10010786607
We show that (i) subsidies for renewable energy policies with the intention of encouraging substitution away from fossil fuels may accentuate climate change damages by hastening fossil fuel extraction, and that (ii) the opposite result holds under some specified conditions. We focus on the case...
Persistent link: https://www.econbiz.de/10011183717
Harvest control rules and no-take marine reserves are two management approaches increasingly advocated as effective means of rebuilding depleted fish stocks and averting the collapse of fisheries. We incorporate the two approaches into a bioeconomic model and evaluate how they act as substitutes...
Persistent link: https://www.econbiz.de/10011263697
Persistent link: https://www.econbiz.de/10007732063
Persistent link: https://www.econbiz.de/10007646957
The paper develops a benchmarking framework to improve fisheries governance and promote resilient ecosystems and profitable fisheries. The benchmarking includes five key components: accountability, transparency, incentives, risk assessment and management; and adaptability. Collectively, these...
Persistent link: https://www.econbiz.de/10008545097
The paper examines the macroeconomic effects of social diversity in the United States. Employing a cross-sectional dataset for 48 states, we find mixed empirical evidence for the impact of diversity on Gross State Product (GSP) per capita growth: racial diversity reduces GSP growth, while...
Persistent link: https://www.econbiz.de/10008474401
We show that (i) subsidies for renewable energy policies with the intention of encouraging substitution away from fossil fuels may accentuate climate change damages by hastening fossil fuel extraction, and that (ii) the opposite result holds under some specified conditions. We focus on the case...
Persistent link: https://www.econbiz.de/10013106764
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10013316243