Showing 1 - 10 of 2,157
This paper explores the insurmountable challenges facing orthodox economic approaches to assessing climate control as if it were a matter of weighing-up the costs of money spent to benefits as the returns on an investment. Such am appraisal method borrows form project appraisal for financial...
Persistent link: https://www.econbiz.de/10015212822
We consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology that uses fossil energy. However, these firms can adopt a clean technology that uses a renewable energy and that has a lower unit cost. Surprisingly,...
Persistent link: https://www.econbiz.de/10015234519
Specifically, the opportunity to cap global warming at 1.5OC is rapidly escaping. Although West African countries and companies across various industries are increasingly addressing this challenge as well as adopting measures to calculate and reduce their carbon footprint; they still face...
Persistent link: https://www.econbiz.de/10015373638
Hartwick’s rule says that as mineral resources are extracted from the ground, investments in productive assets need to be made to leave future generations with as much assets as the present generation. This article examines whether mining in Goa meets Hartwick’s rule, and finds that the...
Persistent link: https://www.econbiz.de/10015218395
The calamities of Sudan expand on daily basis. The secession of Southern Sudan has deprived the country of 25% of it total area, 24% of population, over 80% of its oil income. Moreover, it has separated with 75% of it vegetation cover and 30% of potential arable land. In addition, Sudan stands...
Persistent link: https://www.econbiz.de/10015228359
Sustainable development requires that the per capita productive base or comprehensive wealth of an economy should, at least, not decline over the period of time. This study provides estimates of the growth rate of per capita comprehensive wealth for the Indian economy for the period 1991-2006....
Persistent link: https://www.econbiz.de/10015235358
Environmental protection and firms' competitiveness are typically seen as conflicting elements as firms tend to ignore the environmental consequences of their actions and any regulation forcing them to modify their policies can only make them worse-off. Contrarily to this traditional paradigm,...
Persistent link: https://www.econbiz.de/10015246390
Using a world multi-sectoral, multi-regional trade model, this paper has investigated the economic and environmental …
Persistent link: https://www.econbiz.de/10015233947
GDP remains too much of an imprecise measure of the standard of living. There is a need for either substitutes or complements. Nighttime lights are a reasonable indicator of the extent, scale, and intensity of socio-economic activities, but a poor measure of national welfare. However, if...
Persistent link: https://www.econbiz.de/10015256412
This theoretical note examines the usefulness of the Pigouvian tax policy in dealing with negative production externalities and in improving social welfare in a small developing economy. A two-sector, full-employment general equilibrium model with exogenous labour market imperfection is used for...
Persistent link: https://www.econbiz.de/10015246919