The aim of this paper is to introduce Contingent Valuation Method (CVM) as an efficient technique allowing to modify the utility level of an economic agent following the consumption of environmental goods. In the absence of market for natural assets, the CVM allows us to create a hypothetical...

Our main contribution in this paper consists of analyzing long-run interactions between structural policies and economic growth accounting for possible convergence. For this purpose, we are based on a sample of eight countries bordering the Mediterranean during the period 1975-2012. In fact, we...