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analysis (DEA) and does not demand any price estimation for environmental impacts using traditional revealed or stated … preference methods. We show that DEA can be modified to the context of CBA by using absolute shadow prices instead of … of ECBA. We illustrate the application of the DEA approach to ECBA by means of a hypothetical numerical example where a …
Persistent link: https://www.econbiz.de/10012731649
This paper contributes to the financialization literature exploring the dynamics of financialization in eight emerging European economies (EEEs) compared to the Anglo-Saxon countries. Our analysis encompasses the decade before and the years following the financial crisis in 2008, including the...
Persistent link: https://www.econbiz.de/10013261389
Every year tens of thousands of refugees are resettled to dozens of host countries. While there is growing evidence that the initial placement of refugee families profoundly affects their lifetime outcomes, there have been few attempts to optimize resettlement decisions. We integrate machine...
Persistent link: https://www.econbiz.de/10013208823
MIND is a hybrid model incorporating several energy related sectors in an endogenous growth model of the world economy. This model structure allows a better understanding of the linkages between the energy sectors and the macro-economic environment. We perform a sensitivity analysis and...
Persistent link: https://www.econbiz.de/10014060373
Analysis) DEA model. The efficiency analyses have been carried out with two approaches: i) the ISID approach represents the …
Persistent link: https://www.econbiz.de/10013249411
Previous work has established that an appreciation of the real exchange rate (REER) contributes to premature deindustrialization, less productive investment and dependence on commodity booms and busts in emerging markets economies (EME). From the previous literature, it is less clear however...
Persistent link: https://www.econbiz.de/10012109599
We use the Economic Freedom Index (Gwartney, Lawson and Norton 2008) to characterise the institutions of ancient Athens in the fourth century BCE. It has been shown that ancient Greece witness improved living conditions for an extended period of time. Athens in the classical period appears to...
Persistent link: https://www.econbiz.de/10013208571
The growth model perspective has provided positive momentum for Comparative and International Political Economy. This article seeks to move beyond the existing geographical confines of this perspective to elaborate on its potential for enhancing our understanding of the trajectories of different...
Persistent link: https://www.econbiz.de/10013370795
In this paper, we aim to contribute to the recently growing body of political economy literature on growth regimes. Theoretically, we apply the demand and growth regime approach developed within post-Keynesian macroeconomics. This is complemented by a critical comparative political economy...
Persistent link: https://www.econbiz.de/10013412264
Analysis of the growth patterns in the global South in the 21st century suggests there is room for authoritarian states to search for new growth models. Authoritarian states, such as Turkey and Egypt, benefited from global financial circumstances in the early 21st century and opted for new...
Persistent link: https://www.econbiz.de/10014000494