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future inflation remain less well understood. Here we exploit a global dataset of monthly consumer price indices to identify … the causal impacts of changes in climate on inflation, and to assess their implications under future warming. Flexibly …, future warming will cause global increases in annual food and headline inflation of 0.92-3.23 and 0.32-1.18 percentage …
Persistent link: https://www.econbiz.de/10014336629
The market for voluntary carbon offsets has grown steadily in the last decade, yet it remains a very small niche. Most emissions from business travel are still not offset. This paper exploits a unique dataset examining the decision to purchase carbon offsets at two academic conferences in...
Persistent link: https://www.econbiz.de/10011487773
The Bali Roadmap marks a milestone in the process of international consensus building, setting forth a multilateral legal framework to address climate change. Delegates at the UN Climate Change Conference in Bali (Dec. 3-15 2007) launched a two-year process with a comprehensive agenda and 2009...
Persistent link: https://www.econbiz.de/10012751577
The World Economic Forum recognizes that while restrictions on energy affect water systems and vise versa, energy and …
Persistent link: https://www.econbiz.de/10014196020
Climate cooperation increasingly looks like individuals reaching out beyond traditional interactions to expand new networks, work with others to spot patterns, and take initiative to learn new complex systems; adapt these shared insights into new solutions; develop empathy, patience, and...
Persistent link: https://www.econbiz.de/10014159727
This paper explores the impact of financial constraints on the internationalization strategies of firms. It contributes to the literature by focusing on three aspects: First, the paper studies the impact of financial constraints on exporting relative to FDI. Consistent with theory, the empirical...
Persistent link: https://www.econbiz.de/10008823204
The crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of...
Persistent link: https://www.econbiz.de/10003943667
economic growth in West Africa. Design/methodology/approach - The study uses the dynamic fixed effects technique on the …% increase in FDI inflow into the West African sub-region results in a 0.26% increase in economic growth. The coefficient of … negatively impact the growth of the countries. Finally, the estimate of financial development–growth nexus follows the supply …
Persistent link: https://www.econbiz.de/10012258157
We reevaluate the hypothesis and empirical result that ethnic civil wars lead to higher skilled emigration (Bang and Mitra, 2013). We develop a simple conceptual framework that predicts contrasting results depending upon if the economy is assumed to be agglomerating in skilled labor or...
Persistent link: https://www.econbiz.de/10011517907
While quantifying the foreign ownership premium has received a lot of attention in the empirical literature, there is only little known about productivity variations between foreign affiliates of multinational firms. In order to enhance the understanding of the economic causes of this...
Persistent link: https://www.econbiz.de/10009515296