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The extant literature has paid scant theoretical attention to the tripartite interaction between increasing environmental regulations, the resulting decision by a polluting firm to upgrade its capital stock, and the impact of innovation on this capital stock improvement decision. Hence, we...
Persistent link: https://www.econbiz.de/10012751302
I propose a queuing theoretic research agenda for studying five questions about the effects that alternate invasive species control regulations have on consumers and producers in a nation such as the USA. The five questions are as follows. First, when can one justify a trade ban as an effective...
Persistent link: https://www.econbiz.de/10012712038
This article first constructs a theoretical model of land use by swidden cultivators when these cultivators can choose whether to grow a cash crop or a food/subsistence crop. Second, it studies the land quality accumulation decision faced by shifting cultivators and, in the process, it shows how...
Persistent link: https://www.econbiz.de/10005629097
Herding is an integral part of ranch operations in contemporary times. An aspect of herding that has received scant attention in the literature concerns the pros and cons of searching for livestock animals that have wandered away from a pasture and are hence missing from this pasture. Under what...
Persistent link: https://www.econbiz.de/10005435619
Persistent link: https://www.econbiz.de/10005371292
The environment, broadly construed, is increasingly a salient topic in regional science research. Theoretical and empirical inquiries by regional scientists have progressively begun to address the manifold environmental ramifications of regional science questions. As such, there now exists a...
Persistent link: https://www.econbiz.de/10005382026
The environment, broadly construed, is increasingly a salient topic in regional science research. Theoretical and empirical inquiries by regional scientists have progressively begun to address the manifold environmental ramifications of regional science questions. As such, there now exists a...
Persistent link: https://www.econbiz.de/10005391082
Recently, Batabyal proposed an unconventional population control policy that is sensitive to the cultural desire for male progeny in many Asian nations. Although the proposed policy is culturally sensitive, a potential problem with this policy is that the aggregate size of the national...
Persistent link: https://www.econbiz.de/10005467909
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i = 1,…,N, our analysis leads to six findings. First, we define the balanced growth path (BGP) allocations and the...
Persistent link: https://www.econbiz.de/10011154871
We theoretically analyze unbalanced growth in an urban economy arising from the preferences of the creative class concerning the relative desirability of agricultural, manufacturing, and service goods. We study two cases. In the first case, the production functions for the three categories of...
Persistent link: https://www.econbiz.de/10010849034