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framework, suboptimal decision-making (the introduction of prospect theory's decision weights, biases in risk perception and …
Persistent link: https://www.econbiz.de/10013083303
Developing Asia is the driver of today's emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of the People's...
Persistent link: https://www.econbiz.de/10013065846
The 6th Plenum of the 16th Central Committee of the Communist Party of China (CPC) concluded on October 11, 2006, with the commitment to establish a harmonious society by 2020. The obvious implication from this commitment is that the present major social, economic and political trends are not...
Persistent link: https://www.econbiz.de/10013067969
Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical …
Persistent link: https://www.econbiz.de/10013073607
This paper reconsiders growth regressions from the perspective of Walt Whitman Rostow's classic growth stages framework. We revised Rostow's stages and then code every country that has data available according to the framework. We then estimate growth regression by stage and with interaction...
Persistent link: https://www.econbiz.de/10012964769
This study examines the link between economic complexity and environmental quality by exploiting the similar starting points of the former socialist transition countries after the fall of the iron curtain. We refer to the extended theories of the Environmental Kuznets Curve (EKC), stating that...
Persistent link: https://www.econbiz.de/10013164748
As part of the sustainable energy transition in Germany, substantial investments into power grid infrastructure are planned. They are intended to provide flexibility to an electricity system increasingly relying on variable renewable energy sources, and on European interconnection. The...
Persistent link: https://www.econbiz.de/10012833096
Besides the often mentioned driving factors behind inequality like globalization, demography, technological progress, or the different accumulation of human capital financial development and the structure of the financial sector were long overlooked. Furthermore, the economic analysis of income...
Persistent link: https://www.econbiz.de/10012834770
Already today, at about 1°C of global warming, we observe a regional intensification of extreme weather events. While the short-term economic impacts of these events are well documented, little is known about their impacts on economic growth in the long-term. Using a three-way fixed-effects...
Persistent link: https://www.econbiz.de/10012834894
This research study summarises the effects of corruption in Brazil and its effects on the economic growth of the country, both on the governmental and corporate level. By making use of the theoretical approach of Pak Hung Mo and his model of the economic growth which takes into consideration...
Persistent link: https://www.econbiz.de/10012955728