- Climate Change Policy and Economics
- Economic Growth and Productivity
- Fiscal Policy and Economic Growth
- Sustainable Development and Environmental Policy
- Economic theories and models
- Energy, Environment, and Transportation Policies
- Energy, Environment, Economic Growth
- Economic Theory and Policy
- Global Energy and Sustainability Research
- Economic and Environmental Valuation
- Economic Policies and Impacts
- Firm Innovation and Growth
- Regional Economics and Spatial Analysis
- Social Capital and Networks
- Regional Development and Policy
- Economic Analysis and Policy
- Natural Resources and Economic Development
- demographic modeling and climate adaptation
- Housing Market and Economics
- Environmental Impact and Sustainability
- Financial Literacy, Pension, Retirement Analysis
- Global trade and economics
- Global Health Care Issues
- Climate Change and Geoengineering
- Labor market dynamics and wage inequality
Tilburg University
2014-2024
Leipzig University
2019
University of Calgary
2003-2016
Tinbergen Institute
2014
Vrije Universiteit Amsterdam
2014
World Bank Group
2014
World Bank
2014
Ifo Institute for Economic Research
2012-2013
Indian Statistical Institute
2006
ETH Zurich
2003
As people get richer, and ecosystem services scarcer, policy-relevant estimates of value must rise
To explore the link between a tighter environmental policy and economic growth, authors employ an endogenous growth model with technological progress in abatement technologies. The environment, which is modelled as renewable resource, acts both public consumption good input into production. entire transition towards new balanced-growth path after tightening of computed analytically. find sharp contrasts short-run long-run effects. Whereas level rate output may decline short run, income...
We present an endogenous growth model in which the scale effect may be positive or negative, but vanishes asymptotically. The mechanism behind this result provides a microfoundation for models that exploit interaction of and market structure to remove effect. When more firms are active, economy is specialised less likely work on related problems. This increase technological distance reduces spillovers between firms. A larger with accumulates knowledge. However, benefit firm do not...
The relatively new and still amorphous concept of "Green Growth" can be understood as a call for balancing longer-term investments in sustaining environmental wealth with nearer-term income growth to reduce poverty.We draw on large body economic theory available providing insights such sustainability.We show that there is no priori assurance substantial positive spillovers from policies growth, or monotonic transition "green steady state" along an optimal path.The greenness path depend...
The impact of competition on growth and welfare is analysed by developing a model in which the number firms, profit margins innovation rates are endogenous. Different regimes oligopolistic distinguished. tougher price competition, lower for given rate concentration. This reduces firms product variety free entry equilibrium. Consequently, implies larger firm size higher since new technologies can be applied market. Oligopolistic pricing leads to underinvestment firm‐specific knowledge, even...
In this paper we develop a formal model of economic growth and two types social capital. Following extant literature, capital as participation in networks: first, closed networks family friends, and, second, open that bridge different communities. Higher levels may crowd out through reduction working time. At the same time, intercommunity reduces incentives for rent seeking cheating, promoting growth. We test our hypotheses sample European regions using unique data from Value Studies (EVS)....
Traditional resource economics has been criticised for assuming too high elasticities of substitution, not observing material balance principles and relying much on planner solutions to obtain long-term growth. By analysing a multi-sector R&D-based endogenous growth model with exhaustible natural resources, labour, knowledge, physical capital as inputs, the present paper addresses this critique. We study transitional dynamics path identify conditions under which firms keep spending research...
Production often causes pollution as a by-product. Once problems become too severe, regulation is introduced by political authorities which forces the economy to make transition cleaner production processes. We model this change in "general purpose technology" (GPT) and investigate how it interferes with economic growth driven quality-improvements. The gives an explanation for inverted U-shaped relationship found empirical research many pollutants, referred Environmental Kuznets Curve (EKC)....
Our paper focuses on the role of endogenous technology and spillovers in explaining cross country differences pollution haven effect international trade. In our North-South trade model, is endogenously developed by North imitated South. Environmental regulators choose national environmental policies trading off income gains disutility from a rise pollution. Differences stringency are entirely driven investment opportunities distortions that follow difference intellectual property rights...