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The environmental Kuznets curve (EKC) explains the dynamics associated with income and environmental quality. This study utilizes bibliometric analysis and data visualization techniques and empirically determines the tendencies and patterns in the EKC literature. Furthermore, the study explains...
Persistent link: https://www.econbiz.de/10015262331
Conventional hedonic valuations of environmental amenities and cultural ecosystem services (CES) expose two limitations. First, it does not provide a segmented estimate based on the value type, namely use and non-use values. Second, studies using linear hedonic regression cannot address...
Persistent link: https://www.econbiz.de/10014081842
This paper provides an insight into the level of economic and monetary integration in Europe by analysing the degree of growth cycle synchronisation between seven European countries over the past thirty years. Two univariate trend-cycle decomposition methodologies, the Beveridge–Nelson (BN)...
Persistent link: https://www.econbiz.de/10009455459
In this paper we investigate the approximations for the distribution function of a sum S of lognormal random variables. These approximations are obtained by considering the conditional expectation E[SΛ] of S with respect to a conditioning random variable Λ.The choice of Λ is crucial in order...
Persistent link: https://www.econbiz.de/10009460065
We theoretically and experimentally examine the impact of pay transparency policies and payment schemes on individuals’ effort decisions and their performance. By considering the “no information” policy as a benchmark that only informs each agent of his own performance and pay, we examine...
Persistent link: https://www.econbiz.de/10014079842
Biofuel production is being promoted through various policies such as mandates and tax credits. This paper uses a dynamic, spatial, multi-market equilibrium model, Biofuel and Environmental Policy Analysis Model (BEPAM), to estimate the effects of these policies on cropland allocation, food and...
Persistent link: https://www.econbiz.de/10013038327
Biofuel production is being promoted through various policies such as mandates and tax credits. This paper uses a dynamic, spatially explicit, multi-market equilibrium model, Biofuel and Environmental Policy Analysis Model (BEPAM), to estimate the effects of these policies on allocation of land...
Persistent link: https://www.econbiz.de/10013038648
This paper is the first to use the WeChat platform, one of the largest social networks, to conduct an online experiment of artificial investment games. We investigate how people's forecasts about the financial market and investment decisions are shaped by whether they can observe others'...
Persistent link: https://www.econbiz.de/10012902965