This paper considers two tests proposed to judge the internal consistency of contingent valuation estimates. Both tests are quite sensitive to the maintained hypotheses required to derive fairly precise expectations for the properties of WTP functions. This result suggests a different approach...

This paper evaluates the effects of national and international eco-labelling programmes. It develops a model of consumer choice, where the production of an internationally traded commodity reduces the stock of a public ecological resource. In this model, eco-labels will result in damage levels...

Spike models allow for a non-zero probability of zero willingness-to-pay in referendum-style contingent valuation experiments. They include many of the often used models as special cases and allow various analyses that are not possible in standard applications. This paper discusses the economic...

This article shows that, apart from the environment-related externalities linked to waste management and recycling, which are reported in the previous literature, the technological aspect of recycling is an additional source of externalities. The main focus of the paper is the impact that the...

This study investigates how governance and infrastructure modulate the effect of natural resource rents on economic growth in a sample of 110 countries for the period 2000-2018. The empirical evidence is based on Panel Smooth Transition Regressions (PSTR). The following findings are established....

Our aim in this essay is to identify and analyze some of the difficulties with interdisciplinary integration of economic and ecological contributions to the study of biodiversity loss. We develop our analysis from a widely accepted definition of economics which is based on the concept of...

This study investigates how governance and infrastructure moderate the effect of natural resource rents on economic growth using a sample of 110 countries, including 47 African countries from 2000 to 2018. The empirical evidence is based on Panel Smooth Transition Regressions(PSTR). The...

Bei seiner Einführung in das Diskussionsthema des Symposiums wies Martin Czakainski, etv Energieverlag GmbH, Essen, darauf hin, dass sowohl Chancen und Nutzen als auch Risiken mit der Energiewende verbunden sind. So könnten klassische Wirtschaftsbereiche wie Handwerker, Bauwirtschaft,...

Strom als eine in Deutschland besonders CO2-intensive Energieform spielt beim Klimaschutz eine herausragende Rolle. Im Jahr 2009 war die Stromerzeugung für fast die Hälfte der deutschen CO2-Emissionen des Energiebereichs verantwortlich. Die Erzeugung von Energie basiert nach wie vor in allen...

Im Rahmen der Energiewende in Deutschland bzw. der Transformation des gesamten Energiesystems in Richtung erneuerbare Energieträger wird der Infrastruktur oftmals eine besondere Bedeutung zugemessen; umgekehrt wird das Fehlen entsprechender Infrastrukturen gerne als Grund angeführt, die...