Sustainability and non-financial risk management are becoming increasingly important for German companies due to climate change and new regulations. However, it is unclear how well companies of varying sizes are prepared to handle the increasing pressure to adapt. While large companies are...

This article is part of a larger series that is dedicated to the memory of Dr. Jerry Ellig, with whom I had the pleasure of working on multiple occasions. It exploresthe concept of regulatory subsidiarity, whichinvolves pushing regulatory power down from centralized governments to state, local,...

This paper delves into the significant impact of micro-irrigation systems on agricultural sustainability in India. By analysing the evolution of micro-irrigation, government schemes promoting its adoption, case studies on benefit-cost analysis, challenges faced, and success stories, this paper...

Agroforestry systems are vital for sustainable development in Africa, offering significant benefits such as enhanced agricultural productivity, biodiversity conservation, and climate resilience. This study provides a detailed analysis of the past, present, and potential future distributions of...

Background: Governments face critical decisions regarding road remediation projects, requiring careful economic evaluation, especially in countries like Slovakia where road infrastructure is crucial for attracting foreign investment. These decisions are complex, involving short-term and...

This study evaluates the costs and benefits of alternative COVID-19 strategies for Norway, drawing on ex-post evidence from countries that pursued markedly different approaches. We argue that an elimination strategy-combining strict infection control with stringent border measures until a...

Changes to our way of life during the Covid lockdown accelerated an existing drive for more flexible working opportunities. However, the costs of flexible working requirements have rarely been properly assessed and could extend to undermining growth, increasing unemployment and the rise in...

The relevance of the study is conditioned by the fact that the model of environmental accounting and auditing formed in the state can have a significant impact on the financial results of industrial enterprises. Within the framework of the sustainable development goals, environmental issues have...

In a multi-sector and multi-region framework, this paper employs a dynamic general equilibrium model to analyze climate-resilient economic development (DGE-CRED) in Vietnam. We calibrate sector and region-specific damage functions and quantify climate variable impacts on productivity and capital...

Empirical Welfare Maximization (EWM) is a framework that can be used to select welfare program eligibility policies based on data. This paper extends EWM by allowing for uncertainty in estimating the budget needed to implement the selected policy, in addition to its welfare. Due to the...

This chapter, forthcoming in the Research Handbook on Law and Time (F. Fagan & S. Levmore eds., Edward Elgar 2024), offers a contribution to the economics of legal transition. It argues that the lawmaker should mitigate the burden generated by the risk of legal change by avoiding "extreme"...

Common mental health problems impose significant costs on individuals and societies, yet healthcare systems often overlook them. We provide the first causal evidence on the effectiveness of a pioneering, nationwide mental health service for treating depression and anxiety disorders in England...

Integrated assessment models (IAMs) provide key inputs to decision-makers on economically efficient climate policies, and technical change is one of the key assumptions in any IAM that estimates mitigation costs. We conduct a systematic survey of how technical change is currently represented in...

Adopting disruptive technologies for decarbonizing hard-to-abate industrial sectors requires experimentation through demonstration (pilot) projects. However, from an economic perspective, the potential long-term benefits and the difficulties in designing relevant public policies are not...

This technical report provides the state of discussions and development in the Marine Strategy Framework Directive (MSFD) Expert Network on Marine Contaminants regarding acute pollution assessments in the EU. This regards also data sharing on mineral oil spills in Europe, enhancing data...

This paper provides a comprehensive empirical analysis of the economic impact of submarine cable (SMC) infrastructure, which is critical for global digital connectivity and carries almost all intercontinental data traffic. Despite their fundamental role in the digital economy, robust evidence on...