The study has as starting point the need to stringent of taking position to establish financial responsibility for the environmental damages. Taxation of the activities with environmental impact is one of the tools used for achieving environmental objectives. Therefore necessity of balancing...

In the economic language, we frequently speak about inflation risk, interest rate risk, currency exchange risk, psychological risk, credit risk. Over the last decades, the environmental risk has come to the attention of specialists and managers and has gained an increasing importance. Companies...

The environmental taxes are a relevant area in the future fiscality taxes in the European Union. These are aimed, not only the protection of the environment around us, a sustainable economy, but also the meant to bring funds to the EU budget. At present, the current system has the advantage of...

This article provides a thick description (Geertz, 1973) of sustainability economics. Baumgärtner and Quaas (2010a, b) have proposed as an alternative to ecological economics the new field of sustainability economics, which has triggered various replies. The purpose here is to order and to...

This paper computes and analyses for the first time environmental efficiencies in waste generation of 160 European regions in NUTS 2 level in seven European countries. For this reason different Data Envelopment Analysis (DEA) model formulations are used modeling the pollutant in the form of...

This paper, by using conditional directional distance functions as introduced by Simar and Vanhems [J. Econometrics 166 (2012) 342-354] modifies the model by Färe and Grosskopf [Eur. J. Operat. Res. 157 (2004) 242-245], examines the link between regional environmental efficiency and economic...

The economic literature on trade and environment seeks empirically test hypotheses about how trade affects the environment. It is important to resolve current policy debates. Applying panel data technique we examine the impacts of globalization on pollution level, pollution intensity and...

This article analyses the link between environmental and productive efficiency in a group of EU member states and the US using data from the UN Framework Convention on Climate Change. Its main indicator, carbon intensity, is defined as the ratio of total greenhouse gases emissions to output. A...

The discrepancy between the amplitude of erosive processes set off in the environment and the level of the measures taken to stop or to counter-balance the pollution effects, limited by the way of life, technologies, knowledge and conscience, entails high demands for the society as a whole and...

In this paper, we analyze whether the development of a growing economy could be impeded if a binding climate agreement were signed at the international level. Specifically, we study, in the case of a developing country, the initial momentum for development in the presence of binding emission...