Showing 1 - 10 of 38
Public authorities often invoke the precautionary principle to ban or postpone the development of innovative projects with uncertain but potentially harmful irreversible impacts on the environment or health. As stated in the Rio declaration, the precautionary principle suggests balancing costs...
Persistent link: https://www.econbiz.de/10008855836
worse happen) has to be balanced with the investment irreversibility (risk of over-cautious policies). To explore this … model, we find that most of the times the environmental irreversibility dominates the investment irreversibility. For all …In the climate change issue, the environmental irreversibility (risk of an acceleration of mitigation policies if the …
Persistent link: https://www.econbiz.de/10008791475
drop in investment and in the current account, in line with empirical evidence, only if the traded sector is more capital …
Persistent link: https://www.econbiz.de/10008855579
contractual relationships that link exports from Sub-Saharan Africa to China and investment by Chinese firms in Sub-Saharan Africa … combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities …, especially in oil-exporting countries. Chinese investment, however, increasingly involves other sectors, such as the …
Persistent link: https://www.econbiz.de/10009353553
sector to study the impact of investment subsidies on equilibrium investment and output. Energy and capital are assumed to be … structures are considered for the energy market, free entry and natural monopoly. First, it is shown that investment subsidies … may induce a larger equilibrium investment into cleaner technologies either under free entry or natural monopoly. However …
Persistent link: https://www.econbiz.de/10009644796
This note further characterizes the tacit collusion equilibria in the investment timing game of Boyer, Lasserre and …
Persistent link: https://www.econbiz.de/10008788971
re-launch public investment in transport infrastructures and abolished the 1st January 2001. The succession of investment … funds underlines the persistent need for an everlasting transport investment financing.The main objective of successive … French governments is an everlasting (or “sustainable”) transport investment financing with the concern of opening up less …
Persistent link: https://www.econbiz.de/10008790397
restructuring crowds-in consumption and investment and raises employment. While tax multipliers for overall output are always …
Persistent link: https://www.econbiz.de/10008791508
investment level which defines the technology of production used. We show that, in general, to implement a non-linear pricing the … monopoly choice a level of investment, which depends of the type of consumer and, also, that the level of investment for each … type is correlated with the recovery degree of the investment. …
Persistent link: https://www.econbiz.de/10008792716
model. We find that i) government spending increases output and induces a simultaneous decline of investment and the current … account, but does not affect consumption; ii) the responses of output and investment are smaller in more open economies, while … simultaneous decline in investment and the current account. …
Persistent link: https://www.econbiz.de/10008793608