Different energy sources have different spillovers on economic development and industrialization. Pathways of economic development based on renewable energy sources might require additional policies to support industrial development.
In this article, we estimate both the economic value of water and own-price and cross-price elasticities of water for the Chilean manufacturing industry using the production function approach. Estimating the production function allows us to estimate the marginal productivity of water which corresponds to its economic value. Our estimations are based on panel data obtained from the National Industrial Survey for the period 1995–2014, accounting for more than 10,000 industrial plants.
2015 was a special year. During a few months the political
stars aligned and made it possible for the international
community to agree on the Agenda 2030
for Sustainable Development and the Paris Agreement
to limit global warming. Now the signatories need to
find ways to implement these agreements, which not
only imply a deep decarbonization of the economy but
must also meet the Sustainable Development Goals.
In this article we discuss the importance of pricing
greenhouse gas (GHG) emissions2 to make this happen.
Floods are the most common environmental hazards in Kogi State, Nigeria. The state also has the highest number of people affected by floods in the country. Over 70% of inhabitants of Kogi State are
