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The economic and ecological performance of OECD countries over two decades is measured by employing a Malmquist-Luenberger productivity index. The index credits the expansion of goods (value added) and the contraction of bads (emissions), at given inputs. We consider the inputs of capital,...
Persistent link: https://www.econbiz.de/10010263197
We examine whether the use of the environment, proxied by CO2 emissions, as a factor of production contributes, in … with environment as a factor of production which is unpaid in the absence of environmental policy is developed. Using data … environment as a not fully compensated factor of production. Our results point towards the need for developing a concept of Green …
Persistent link: https://www.econbiz.de/10010312301
Persistent link: https://www.econbiz.de/10000884447
"Estimates of local land rents and firm productivity from wage and housing-cost data should incorporate parameters from the housing production function. Across cities, differences in amenity values are capitalized into the sum of local land values and federal-tax payments. Improved modeling is...
Persistent link: https://www.econbiz.de/10003848783
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"The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...
Persistent link: https://www.econbiz.de/10008701478
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...
Persistent link: https://www.econbiz.de/10008746890
Persistent link: https://www.econbiz.de/10008840339
Persistent link: https://www.econbiz.de/10003510822
Persistent link: https://www.econbiz.de/10008659206