We investigate the problem of choosing environmental regulations to control a multilateral, spatially heterogeneous pollution externality. There are three sources of inefficiency in this problem; the…

What would motivate people to pay more for electricity generated by renewable energy sources?

Forest ecosystem services are critical for human well-being as well as functioning and growth of economies. However, despite the growing demand for these services, they are hardly given due…

Experiencing an extreme weather event and its consequences might make the risks associated with climate change more tangible, easier to evaluate, and more salient. Consequently, those experiences…

•The decoupling trend between welfare and wealth is statistically verified for China.
•Legislation improvement can notably alleviate the decoupling trend.
•The effects vary across legislation...

Highlighting domestic benefits and enhancing international support are the boost developing countries need to reduce their emissions

Aligning development and climate goals means Africa’s energy systems will be based on clean energy technologies in the long term, but pathways to get there are uncertain and variable across countries…

This paper analyzes a model of aid allocation equalizing the opportunity between recipient countries to reach a common poverty reduction goal. We propose a fair and efficient aid allocation based on a…

Pollution havens create environmental inequality issues. China’s recent policy of directing high-pollution firms to migrate out of its capital, Beijing, offers a case of a pollution haven that was…

This paper evaluates the real-time forecast performance of alternative Bayesian autoregressive (AR) and vector autoregressive (VAR) models for the Australian macroeconomy. To this end, we construct an…