We reconsider the recent work by Okuguchi (J Econ 101:125–131, <CitationRef CitationID="CR4">2010</CitationRef>) on (possibly asymmetric) Cournotian firms with two production factors, one being inferior for each firm. It is shown there that an increase in the price of the inferior factor does raise the equilibrium industry output. In...</citationref>

The paper is an exercise in a normative economic analysis of product liability. After a short historical introduction, we take two of the basic premises of Austrian economic thought and see which system of product liability results. If costs are subjective and entrepreneurship is the essence of...

We propose a test of the Porter hypothesis for the Dutch horticulture sector, using a stochastic production frontier analysis allowing for an inclusion of policy variables to account for the effect of environmental policy of firm performance. We find considerable heterogeneity in the way firms...

This article summarizes Walter Isard’s important contributions to environmental economics and ecological economics. The former is the traditional field that incorporates some limited aspects of the environment into neoclassical economic theory, while the latter is a more comprehensive...

This discussion paper led to an article in <I>Geographical Analysis</I> (2012). Volume 44, issue 1, pages 29-46.<P> (Spatial) panel data are routinely modelled in discrete time (DT). However, there are compelling arguments for continuous time (CT) modelling of (spatial) panel data. Particularly, most...</p></i>

We use a panel of 29 Chinese provinces for the period 2003–2011 to estimate the drivers of energy intensity by means of a spatial Durbin error model. We find an inverted U-shaped relationship between energy intensity and income (energy intensity Kuznets curve). Ten provinces, notably the...