This paper builds a benchmark framework to study optimal land use, encompassing land use activities and environmental degradation. We focus on the spatial externalities of land use as drivers of spatial patterns: land is immobile by nature, but local actions affect the whole space since...

This article extends one of the primary models used for calculating the Social Cost of Carbon (SCC), DICE, to account for uncertainty regarding economic damages per additional warming degree and uncertainty over the temperature response from doubling atmospheric CO2. Coupled with consumption...

Yearly weather variability has an impact on agricultural supply and farmer welfare. More accurate weather predictions may increase the net returns for farmers but the indirect environmental impact of forecasts has not been examined. A stochastic bioeconomic model, which includes weather...

The great debates whether the transaction from rural to cities brings a better life or in the way around in Asia Countries have captured global attention. This study provides empirical evidences on the urbanization-CO2 emissions nexus for a sample of 34 Asian countries from 1990 to 2016 which...

We compare environmental impacts associated with incoming foreign direct investment vs. domestic capital in China. We use aggregate data on Chinese provinces' economic and pollution indicators to explore the effects of the financial origin of fixed capital. Our simultaneous models consider three...

This paper investigates the effect of foreign direct investment (FDI) on domestic firms’ air pollution emissions in a developing country context. We provide quasi-natural experiment evidence from China, using a plausibly exogeneous relaxation of FDI regulations upon China’s WTO accession in...

Political Economy may provide an important link between inequality and pollution. This paper studies the dynamic relationship between inequality and redistributive policy leading to differing transitional paths of pollution to the steady state, using a pollution-augmented framework developed by...

We set up a simple dynamic macroeconomic model with (i) polluting consump- tion and a preference for a clean environment, (ii) increasing returns in abate- ment giving rise to an EKC and (iii) sustained growth resulting from a linear final-output technology. The model captures two sorts of...

The paper investigates the dynamic relationship between renewable energy usage and trade performance in sub-Saharan Africa (SSA), while considering the conditioning role of corruption control, regulatory quality, and the private sector access to finance. Focusing on 42 SSA countries for the...

The Environmental Kuznets Curve (EKC) hypothesis asserts that pollution levels rises as a country develops, but reaches a certain threshold where pollution begins to fall with increasing income. In EKC analysis, the relationship between environmental degradation and income is usually expressed...