Net present value has long been regarded in academic circles as the best criterion for project appraisal; however, several alternative, complementary methods remain popular with practitioners. This paper demonstrates that, if properly applied, several of these standard criteria – such as net...

This paper analyzes the carbon dioxide emissions of the service sector subsystem of Uruguay in 2004. Services, with the exception of transport, are often considered intangible because of their low level of direct emissions. However, the provision of services requires inputs produced by other...

The equity implications of alternative climate policy measures are an essential issue to be considered in the design of future international agreements to tackle global warming. This paper specifically analyses the future path of emissions and income distribution and its determinants in...

Using input--output analysis, we identify the key sectors in greenhouse gas (GHG) emissions of the Uruguayan economy. The responsibilities of each sector in terms of its emissions are decomposed into an own component, generated during the activities of the sector, and an indirect component,...

We analyse the degree of polarisation in the international distribution of CO<Subscript>2</Subscript> emissions per capita in the European Union. It is analytically relevant to examine the degree of instability inherent to a distribution and, in the analysed case, the likelihood that the distribution and its evolution...</subscript>

This paper explores the relationship between CO2 emissions and economic activity for 31 countries (28 OECD, Brazil, China, and India) during the period 1950 to 2006 using cointegration analysis. Single country long run relationships are estimated, and equality in the functional form, the...

This paper analyzes the advantages andimplications of the implementation of aEuropean tax on carbon dioxide emissions as anown resource of the EU and it focuses on itseffects on intercountry distribution. Incontrast to a harmonized tax, which would onlyhave distributive effects within each...