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Persistent link: https://www.econbiz.de/10000634529
Cultural capital is assumed to benefit all members of society. It is built up by the aggregate consumption of cultural goods and is diminished through depreciation. In the no-policy market economy, consumers tend to ignore the beneficial external effects of their cultural good consumption on the...
Persistent link: https://www.econbiz.de/10011525496
The basic focus of this paper is to look at ecological tax reform from a public good perspective rather than from a Pigouvian externality cum tax reform perspective. Our point of departure is the insight, aptly expressed by Heller and Starrett (1976, p. l 0), e. g., that "one can think of...
Persistent link: https://www.econbiz.de/10011525763
This paper studies the formation of self-enforcing global environmental agreements in a world economy with international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates whether the signatories’ threat to embargo (potential)...
Persistent link: https://www.econbiz.de/10010462833
Persistent link: https://www.econbiz.de/10002244522
Persistent link: https://www.econbiz.de/10001491990
This paper analyzes nature protection by a social planner under different "utilitarian" social welfare functions. For … efficient allocations when social welfare is anthropocentric (only consumers have positive welfare weights), and when social … welfare is nonanthropocentric (all species have positive welfare weights). Not surprisingly, biocentric social welfare calls …
Persistent link: https://www.econbiz.de/10010263284
In an integrated economy-ecosystem model humans choose their land use and leave the residual land as habitat for three species forming a food chain. The size of habitat determines the diversity and abundance of species. That biodiversity generates, in turn, a flow of ecosystem services with...
Persistent link: https://www.econbiz.de/10010263285
Predator-prey models of the Lotka-Volterra type and their refinements describe predator-prey interactions taking populations as basic units of analysis. In contrast to these macro models we derive interdependent population growth functions of a predator and a prey species from a micro ecosystem...
Persistent link: https://www.econbiz.de/10010263286
In an integrated dynamic general equilibrium model of the economy and the ecosystem humans and wildlife species compete for land and prey biomass. We introduce a competitive allocation mechanism in both submodels such that economic prices and ecosystem prices guide the allocation in the economy...
Persistent link: https://www.econbiz.de/10010271480