Showing 1 - 10 of 1,070
This literature survey explores the potential avenues for the design of a green auto asset-backed security by focusing on the European auto securitization market. In this context, we examine the entire value chain of the securitization process to understand the incentives and interests involved...
Persistent link: https://www.econbiz.de/10014308220
Using hand-collected data on European auto asset-backed securities (Auto ABS), we examine the role of mutual funds in financing the transition to zero-emission mobility. Mutual funds, particularly those with a green mandate, tend to have a higher exposure to sustainability-transparent Auto ABS...
Persistent link: https://www.econbiz.de/10015394253
Today, reducing CO2 emissions is a global target which nearly all countries in the worldprioritize. Some countries have ratified up to 30 multilateral environmental agreementsregarding the atmosphere up to 2006. This number has been surging since 1989 after theratification of the Montreal...
Persistent link: https://www.econbiz.de/10010312113
Over the last few years, environmental issues have entered into policy design, particularly development and growth policies. Natural resources are considered necessary production inputs and environmental quality is considered a welfare determinant. The integration of environmental issues into...
Persistent link: https://www.econbiz.de/10010312341
A spatial welfare framework for the analysis of the spatial dimensions of sustainability is developed. It incorporates agglomeration effects, interregional trade, negative environmental externalities and various land use categories. The model is used to compare rankings of spatial configurations...
Persistent link: https://www.econbiz.de/10010312366
This paper takes sustainability to be a matter of intergenerational welfare equality and examines whether an optimal development path can also be sustainable. It argues that the general "zero-net-aggregate-investment" condition for an optimal development path to be sustainable in the sense of...
Persistent link: https://www.econbiz.de/10010312409
This study focuses on the dynamic evolution of a small open economy specialized in tourism based on natural resources when tourist services are supplied to foreign tourists who are crowding-averse and give positive value to the environmental quality. We analyse the steady-state properties and...
Persistent link: https://www.econbiz.de/10010312495
In der gegenwärtigen Debatte um die Ziele sozio-ökonomischer Entwicklung nimmt Wirtschaftswachstum eine zentrale, wenn auch umstrittene Rolle ein. Während die eine Seite Wirtschaftswachstum als etwas Erstrebenswertes betrachtet, da sie es als Voraussetzung für Vollbeschäftigung und eine...
Persistent link: https://www.econbiz.de/10010314676
One of the dual objectives of the Clean Development Mechanism (CDM) of the Kyoto Protocol is to promote sustainable development in the host countries. With different CDM indicators for 58 CDM host countries over 2005-10, this paper empirically assesses whether CDM project development fulfils...
Persistent link: https://www.econbiz.de/10010319841
This paper explores the interrelations between economic growth, international trade and environmental degradation both theoretically and empirically. Panel data from developed and developing countries for the period of 1980 to 2003 is used and previous critique, especially on the econometric...
Persistent link: https://www.econbiz.de/10010263550