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Climate change is making resources scarce, and our investments to build a new net-zero world are driving an insane demand for resources. This leaves the world economy caught between a rock and a hard place. Using a bankruptcy model with conservative estimates of the impact, we estimate public...
Persistent link: https://www.econbiz.de/10014253951
This paper extends the economic growth model tested by Levine and Zervos (1998) by including a measure for capital allocation efficiency proxied by stock price informativeness. Using a sample of 59 countries, this study finds that stock price informativeness as measured by firm-specific return...
Persistent link: https://www.econbiz.de/10013121128
critically summarize various measures of international integration in each of these spheres. I then move on to discuss and …
Persistent link: https://www.econbiz.de/10014025589
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
integration. A final innovation is a methodological one, which concerns the use of a statistical method (principal component …
Persistent link: https://www.econbiz.de/10011373499
Objective: The objective of the article is to determine which exchange rate regime provides higher bilateral trade: fixed rate or currency union. Research Design & Methods: An index was designed based on variables commonly recognised as those that might affect the value of bilateral trade and...
Persistent link: https://www.econbiz.de/10012520004
dynamics and structure of the Ukrainian economy will continually intensify. The prospects of Ukraine's integration into global …
Persistent link: https://www.econbiz.de/10013334994
The primary objective of the research is to investigate the influence of international integration processes on … (RTA) forming have been scrutinized. Integration, which develops due to RTAs, is the most important mechanism of the … international cooperation in the field of economic policy. This integration is a coordination and protection mechanism, which …
Persistent link: https://www.econbiz.de/10013258982
A Climate Change Damage Function (CCDF) is a reduced form relationship linking macroeconomic aggregates (e.g., potential GDP) to climate indicators (e.g., average temperature levels). This function is used in a variety of studies about climate change impacts and policy analysis. However, despite...
Persistent link: https://www.econbiz.de/10014225513
Purpose This study aims to analyze and compare the relationship between international trade in global value chains (GVC) and greenhouse gas (GHG) emissions for Brazil and China from 2000 to 2016. Design/methodology/approach The input-output method apply to multiregional tables from Eora-26 to...
Persistent link: https://www.econbiz.de/10015130680