As global consumption patterns continue to exert unprecedented pressure on ecological systems, the urgent need for sustainable development frameworks has become increasingly evident. This study explores the critical intersection of structural transformation and environmental quality within the...

This paper examines the interdependence between imperfect competition and emis-sions trading in a two-sector (clean and dirty) economy. We compare the welfare implica-tions of an absolute cap-and-trade scheme (permit trading) with a relative intensity-basedscheme (credit trading). We nd...

This paper examines the interdependence between imperfect competition and emis- sions trading in a two-sector (clean and dirty) economy. We compare the welfare implica- tions of an absolute cap-and-trade scheme (permit trading) with a relative intensity-based scheme (credit trading). We nd...

There have been sharp movements in productivity growth in the euro area and in the United States recently, upwards in the former and downwards in the latter, which seem to be partly due to structural developments.