Our goal is to examine the income inequality and welfare effects of the direct distribution of resource rents and subsequent taxation in Iran. We use rich micro survey data covering more than 36,000 Iranian households in 2009. Our micro-simulations show that the direct distribution of resource...

How much richer would the oil producing countries, in the Middle East, be if they invested all their natural resource rent? This study tries to answer this question by calculating the counterfactuals of capital stock and income under two major scenarios. Combining several data sets, including a...

Papers and monographs in ecological economics include references to Georgescu-Roegen's works on the thermodynamic nature of economic scarcity. Based on qualitative reasoning lacking precise definitions of thermodynamic systems and boundary conditions Georgescu-Roegen formulated several...

A baseline profile of Los Angeles County industries is developed using three dimensions of sustainability: greenhouse gas emissions, social sustainability based on wages for workers, and economic viability based on size and growth, with primary emphasis on the first two factors. The metric for...

OPEC's stated mission is to promote the economic development and growth of its member states while minimizing volatility in the oil markets. But after a promising beginning many member states - economies have declined rather than prospered - a clear indication of OPEC's failure to meet their...

Global regulations involving clean energy technologies have evolved in recent decades. Such evolution came as a result of technological disparities between the North and the South. Such regulatory changes came because of the failure of developed nations to assist developing countries in...

This study examines the relationship between green energy, non- renewable energy, financial development, and economic growth with carbon footprint by using panel data from 63 emerging and developed economies for the time period from 1990 to 2020. The study utilises second-generation panel data...

Given the in situ gasification technology (Underground Coal Gasification-UCG), as an alternative to coal consumption in an alternative way, it allows the exploitation of inaccessible reserves to conventional mining technologies. In this article I answer the question on how the volume of reserves...

The article aims to provide a new approach to the modelling of fiscal policy effectiveness in Azerbaijan. It is argued that massive transfer of oil revenues from SOFAZ to state budget after 2008 has sharply declined the impact of budget expenditures over non-oil sector economic performance, so...

We study a two-phase endogenous growth model in which the adoption of a backstop technology (e.g. solar) yields a sustained supply of essential energy inputs previously obtained from exhaustible resources (e.g. oil). Growth is knowledge-driven and the optimal timing of technology switching is...