We design optimal mechanism to collect revenues from nonrenewable resource exploitation, when the resource must be explored and discovered and when there is asymmetric information. The exploration effort may result in a discovery that is revealed only to the firm, and the effort is not observed...

We characterize the time-consistent solution to the cartel-fringe model of exhaustible resource extraction when the cartel acts as a von Stackelberg leader and renewable substitutes exist. For this feedback von Stackelberg equilibrium (FBSE), we show for each combination of stocks which...

Amid escalating climate risks and uneven decarbonization trajectories, understanding the distributional determinants of greenhouse gas (GHG) emissions is essential for guiding Asia toward equitable and sustainable development. Anchored in the Environmental Kuznets Curve framework and the...

This study looks at how recycling (RCY), natural resource rents (NRR), and uncertainty in climate policy (CPU) affect material sustainability in the United States, using the material footprint (MF) as the main measure. This research uses yearly data from 1990 to 2023 and applies quantile and...

As the world's fourth most populous country, Indonesia presents challenges and opportunities for sustainable energy progress, offering a critical context to investigate green human development (GHD). This study uniquely contributes to the literature by employing the planetary pressures-adjusted...

This study evaluates the competitiveness of renewable and dispatchable energy sources in Morocco by analyzing the levelized cost of electricity (LCOE) for various power generation technologies. The objective is to identify the most and least competitive technologies by comparing their average...

From a long-term perspective little is known about income inequality in Venezuela. This is regrettable as the country offers a unique opportunity to study distributional dynamics in an economy dominated by oil richness since the 1920s amid an accelerated process of structural change amid...