Environmental sustainability in South Africa: Understanding the criticality of economic policy uncertainty, fiscal decentralization, and green innovation
South Africa, like most developing nations, is confronted with choosing between the need to advance their economy and the need to protect the environment. The United Nations Sustainable Development Goals (UN-SDGs-7, 11, 12 & 13) provide a strong foundation for this investigation. To this end, the current research investigates the combined impacts of economic policy uncertainty, fiscal decentralization, and green innovation on environmental sustainability for the instance of South Africa with yearly frequency data from 1960 to 2020.
Use of medical services in Chile: How sensitive are the results to different econometric models?
We compared different econometric specifications to model the use of medical services in Chile, focussing on visits to general practitioners and specialist physicians. The evaluated models are the Poisson, Negative Binomial, Zero Inflated Poisson and Negative Binomial, two-step Hurdle model, sample-selection Poisson, and Latent Class model.
Firms adaptation to climate change through product innovation
Climate change will impose high costs on different societal actors, including firms and organizations, forcing them to adapt to this new situation. Although the relevance of implementing adaptation strategies is widely recognized, studies on firms' adaptation to climate change are still in their infancy, especially regarding small and medium enterprises.
Can local financial depth and dependence on external funding impact regional creation of new firms in Chile?
Uniform regional development is a challenge in low-income and emerging countries, making the role of financial systems to promote new business, investment, entrepreneurship, and growth particularly important. This paper investigates the combined effect of dependence on external funding and financial depth at a regional level, estimating a panel model using Chilean data. This study reveals evidence of a direct relationship between entrepreneurship and the combined effect of the two variables.
Paving roads can improve air quality
Recent research shows that paving roads is the most cost-effective policy to reduce air pollution in Bogota when compared with other alternatives such as fuel substitution in industry and heavy-duty
Infrastructure for adaptation and sustainability in the Global South
This 18-month project is part of a larger project titled “Inclusive Low-Carbon Transitions for Sustainable Development in the Global South" and started in October 2021. The objective of the
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