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growth and in turn benefits from the low pollution content of growth. This also calls for serious exploration of green … liberalization on other climatic aspects, such as water pollution and land salinity, with the help of large scientific databases. But … the fact remains that only through trade can countries replace the local production of pollution intensive goods with …
Persistent link: https://www.econbiz.de/10011904484
In recent years, sustainability has represented one of the most important policy goals explored in the environmental Kuznets curve (EKC) literature. But related hypotheses, performance measures and results continue to present a challenge. The present paper contributes to this ongoing literature...
Persistent link: https://www.econbiz.de/10010350476
This paper explores the challenges and opportunities that government officials face in designing coherent' rules of the game' for achieving urban sustainability during times of growth. Sustainability is judged by three criteria. The first involves elements of day-to-day quality of life, such as...
Persistent link: https://www.econbiz.de/10012973213
Are investors willing to give up a higher return if the investment generates positive environmental impact? We investigate this question with a decision experiment among crowdfunders, where they choose between a higher return or environmental impact. Overall, 65% of investors choose...
Persistent link: https://www.econbiz.de/10012597881
The ability of companies to turn an environmental constraint into a source of strategic opportunities is a controversial topic in published research. The article, which is based on a comparative study of the CO2 emission reduction strategies implemented by the cement and chemical industries,...
Persistent link: https://www.econbiz.de/10010249687
Over the last decades, the internationalization of the value chain has allowed firms to exploit cross-country differences in environmental and labor regulation (and enforcement) in ways that have led to a large number of NGO campaigns and consumer boycotts criticizing "unethical" practices. How...
Persistent link: https://www.econbiz.de/10011804120
The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real options approach, which allows us to investigate the...
Persistent link: https://www.econbiz.de/10011541121
We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...
Persistent link: https://www.econbiz.de/10011507904
In public procur ement a temporal separation between award and actual contract allows private entrepreneurs who did not get the award to sue to become contractor. Hence, not only the award-winning entrepreneur, but also the losers will engage in relationship-specific investments. Unfortunately,...
Persistent link: https://www.econbiz.de/10009781703
Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...
Persistent link: https://www.econbiz.de/10011398061