This paper examines the pattern of sustainable economic growth in both open and closed economies in the presence of an optimal pollution emission tax. This paper shows that in a small open economy, the optimal pollution tax remains constant even in a growing economy as the domestic production of...

We study the consequences of poverty-alleviation programs for environmental degradation. We exploit the community-level eligibility discontinuity for a conditional cash transfer program in Mexico to identify the impacts of income increases on deforestation and use the program's initial...

The introduction of invasive alien species (IAS) is generally acknowledged to depend both on the propagule pressure imposed by openness to international trade and on the health of the receiving ecosystem. Bio-geographic factors however play a crucial role in determining the level of risk...

This paper was developed at the request of the OECD Working Party of the Investment Committee to document efforts to date to define and measure green FDI and to investigate the practicability of various possible definitions, as well as to identify investment policy restrictions to green FDI. It...

El agua es un input clave para la producción de numerosos bienes, y su escasez puede ser un factor limitante para el desarrollo regional. La gestión de este recurso en España ha estado caracterizada por medidas de oferta que han descuidado la conservación de los recursos hídricos así como...

Among the ethical objections to intergenerational impartiality is the violation of consumer sovereignty given that individuals are impatient. We accommodate that concern by distinguishing intra- and inter-generational discounting in an OLG model suitable for analyzing sustainability issues....

We derive an expression relating the change in instantaneous utility to the growth of net (genuine) saving in an economy with multiple stocks and externalities that maximizes welfare in the utilitarian sense. This result is then shown to hold for decentralized competitive efficient economies as...

The Environmental Kuznets Curve (EKC) represents a much debated research hypothesis. The article reviews the literature, starting from the theoretical background, represented by optimal growth models, models with environment as a factor of production, endogenous growth models and other...

Organic agriculture is a method of production that answers to calls for “ethical extensionism” which, abandoning the anthropocentric view, recognizes new moral interests, among which the environment occupies a leading position. Considering that organic production processes alone do not...

Medium-term approaches to budgeting are now common in OECD countries and are being adopted increasingly by developing countries. This reflects a realisation that the annual approach to budget making actually undermines budgetary performance, contributing to fiscal instability and, perhaps even...