Showing 1 - 10 of 1,352
1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to …
Persistent link: https://www.econbiz.de/10012219700
This paper develops a tractable integrated assessment model of the two-way interaction between biodiversity and the economy. To capture the main causes of biodiversity loss and the economic harm from it, we focus on agriculture and its expansion at the expense of forest land. We answer the...
Persistent link: https://www.econbiz.de/10015372000
, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for … sustainable growth. Nevertheless, market-based instruments have not been implemented satisfactorily in environmental policy yet … players' behavior is analyzed in order to show that their incentives for implementing market-based instruments in …
Persistent link: https://www.econbiz.de/10008699051
Can formal contracts help resolving the holdup problem? We address this important question by studying the holdup problem in repeated transactions between a seller and a buyer in which the seller can make relation-specific investments in each period. In contrast to previous findings, we...
Persistent link: https://www.econbiz.de/10009240848
The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market … highly influential paper, Falk and Szech (2013) provide experimental data that seem to suggest that "market interaction … corroborate their conclusion. These treatments, however, reveal that repeated play and not market interaction causes the erosion …
Persistent link: https://www.econbiz.de/10012270575
. We draw on a new court-level panel dataset from Bulgaria to study the determinants of court case disposition and to …
Persistent link: https://www.econbiz.de/10010498609
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...
Persistent link: https://www.econbiz.de/10003925257
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10009387247
The energy transition increases the demand for minerals from ethnically diverse, conflict-prone developing countries. We study whether and where mining is possible in such countries without raising the risk of civil conflict. We proceed in three steps: First, we propose a theoretical model to...
Persistent link: https://www.econbiz.de/10013486121
We reconsider the relationship between oil and conflict, focusing on the location of oil resources. In a panel of 132 countries over the period 1962-2009, we show that oil windfalls increase the probability of conflict in onshore-rich countries, while they decrease this probability in...
Persistent link: https://www.econbiz.de/10011603125