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We examine the formation of multilateral, hub-and-spoke and bilateral international R&D strategic alliances (overlapping climate clubs) to reduce CO2 emissions. R&D provision in clubs produces two types of positive externalities: a global public good (i.e., reduction of CO2 emissions) and...
Persistent link: https://www.econbiz.de/10011926354
Free riding incentives make it difficult to control climate change. To improve the chances of the Paris Agreement's ambitious goal, many nations are forming scientific networks in carbon capture and storage (CCS). These networks take many forms (bilateral, hub-and-spoke, and multilateral)....
Persistent link: https://www.econbiz.de/10013171806
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Using a panel of developed and developing countries, we investigate whether a country's investment and economic growth rate are negatively related to its violence level. Using GMM and Arelano-Bond procedures we found that violence is a strong deterrent to investment and thus hinders economic...
Persistent link: https://www.econbiz.de/10013110589