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Optimal harvesting of a spatial renewable resource

Behringer, Stefan; Upmann, Thorsten - 2012

In this paper we investigate optimal harvesting of a renewable natural resource. While in the standard approach the resource is located at a single point in space we allow for the resource to be distributed over the plane. Consequently, an agent who exploits the resource has to travel from one...

Persistent link: https://www.econbiz.de/10009683135

Climate policy without commitment

Golombek, Rolf; Greaker, Mads; Hoel, Michael - 2010

Climate mitigation policy should be imposed over a long period, and spur development of new technologies in order to make stabilization of green house gas concentrations economically feasible. The government may announce current and future policy packages that stimulate current R&D in...

Persistent link: https://www.econbiz.de/10003925158

Environmental policy and the macroeconomy under shallow-lake dynamics

Heijdra, Ben J.; Heijnen, Pim - 2009

We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...

Persistent link: https://www.econbiz.de/10003910506

Reversible environmental catastrophes with disconnected generations

Heijdra, Ben J.; Heijnen, Pim - 2018

We study environmental policy in an economy-ecology model featuring multiple deterministic stable steady-state ecological equilibria. The economy-ecology does not settle in either of the deterministic steady states as the environmental system is hit by random shocks. Individual live for two...

Persistent link: https://www.econbiz.de/10011924595

The measurement of spatial competition : evidence from the real estate market

Siebert, Ralph; Zhou, Xiaoyan - 2024

This study provides a test for measurement of spatial competition in residential real estate markets. Several … alternative spatial competition measures are tested. We employ a Bertrand oligopoly model with differentiated products and adopt a … competitors. The measure captures the decaying pattern of spatial price competition over distance. The measure also stands out in …

Persistent link: https://www.econbiz.de/10015074587

Competing for capital in a lumpy world

Kind, Hans Jarle; Midelfart, Helene; Schjelderup, Guttorm - 2000

This paper uses a new economic geography model to analyze tax competition betweeen two countries trying to attract …

Persistent link: https://www.econbiz.de/10009781526

Spilling over and crowding out : the effects of public sector/private sector convergence and competition, in the provision of public goods

Barrowclough, Diana - 2001

dimensions,following the tradition of Hotelling and Cournot competition. The horizontal product attribute is programmequality or …

Persistent link: https://www.econbiz.de/10011400384

Can competition reduce conflict?

Garg, Teevrat; Gennaioli, Caterina; Lovo, Stefania; … - 2023

We examine the effect of inter-group fiscal competition on within-group violent conflict. Using a triple difference … that higher competition between villages reduces conflict but only up to moderate levels of competition. The conflict …-reducing effects of competition are largest in the most ethnically fractionalized and segregated villages and exist regardless of the …

Persistent link: https://www.econbiz.de/10014315060

Growth and the geography of knowledge

Aloi, Marta; Poyago-Theotoky, Joanna; Tournemaine, … - 2018

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the endogenous emergence of industry clusters. Spatial...

Persistent link: https://www.econbiz.de/10011810111

TransNIEMO : economic impact analysis using a model of consistent interregional economic and network equilibria

Cho, JoongKoo; Gordon, Peter; Moore, James Elliott; … - 2014

Columbia) with the national highway network. Interstate commodity shipments are placed on a congestible highway network … in higher prices which help to determine a new input-output equilibrium. We find economic and network equilibria that are … consistent. The simulations show only moderate economic impacts. We ascribe this to the resilience of highway network. The model …

Persistent link: https://www.econbiz.de/10010235826