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  1. Working time reduction and employment in a finite world
    Erschienen: October 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We study the consequences of a working time reduction (WTR hereafter) in a growth model with efficiency wages and an essential natural resource (natural capital). Considering that technical progress cannot reduce the resource content of final... mehr

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    We study the consequences of a working time reduction (WTR hereafter) in a growth model with efficiency wages and an essential natural resource (natural capital). Considering that technical progress cannot reduce the resource content of final production to zero, we show that the effects of a WTR on (un)employment depend on the abundance of natural capital. If it is unlimited, the economy converges toward a balanced growth path and a WTR lowers output, employment and wage levels along this path. With finite natural capital, the economy converges toward a stationary state. A WTR then increases the hourly wage and employment if natural capital is scarce enough, which is necessarily the case if technical progress on produced capital and labour is unbounded. The long-term elasticity of employment (resp., of the hourly wage) to the cut in hours is larger (resp., smaller) when natural capital is scarcer. A numerical analysis of the transitory impacts of a WTR confirms that when natural capital is scarcer, it increases employment more and the hourly wage less, with a less negative initial impact on output.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/248896
    Schriftenreihe: CESifo working paper ; no. 9351 (2021)
    Schlagworte: unemployment; fair wage; work sharing; (limits to) growth; natural capital
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  2. Financialisation of nature
    Erschienen: 2021
    Verlag:  Institute for Multi-Level Governance & Development, Department of Socio-Economics, Vienna University of Economics and Business, [Vienna]

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    Sprache: Englisch
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    Format: Online
    Schriftenreihe: Social-ecological research in economics (SRE) discussion paper ; 2021, 08
    Schlagworte: environmental governance; innovative financial instruments; natural capital; offsetting; biodiversity banking; mitigation hierarchy; net zero; nature-based solutions; restoration ofnature
    Umfang: 1 Online-Ressource (circa 28 Seiten)
  3. The value of biodiversity in economic decision making
    applying the IEEM+ESM approach to conservation strategies in Colombia
    Erschienen: December 2020
    Verlag:  Inter-American Development Bank, Environment, Rural Development and Risk Management Division, [Washington, DC]

    In this paper we evaluate the economic, natural capital and ecosystem services impacts of strategies for conserving Colombias rich natural capital endowment. Specifically, we consider Government program proposals for establishing Payment for... mehr

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    In this paper we evaluate the economic, natural capital and ecosystem services impacts of strategies for conserving Colombias rich natural capital endowment. Specifically, we consider Government program proposals for establishing Payment for Ecosystem Services (PES), implementing more sustainable silvopastoral systems and expanding habitat banking. We develop and apply the Integrated Economic-Environmental Modeling (IEEM) Platform linked with spatial Land Use Land Cover (LULC) and Ecosystem Services Modeling (IEEMESM) to shed light on the multi-dimensional impacts of these programs from the perspective of sustainable economic development and intergenerational wealth. Advancing the state-of-the-art in integrated economic-environmental modeling, our framework for the first time integrates dynamic endogenous feedbacks between natural capital, ecosystem services and the economic system to fully capture how changes in natural capital and ecosystem service flows affect the economy and vice versa. Our approach quantitatively models the economy, natural capital and ecosystem services as one integrated and complex system at a high level of spatial resolution across Colombias 32 Departments. [...]

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/237479
    Schriftenreihe: IDB working paper series ; no IDB-WP-01193
    Schlagworte: Integrated Economic-Environmental Modeling (IEEM) Platform; dynamic computable general equilibrium (CGE) model; ecosystem services modeling; land use land cover modeling; natural capital; payment for ecosystem services; habitat banking; Colombia
    Umfang: 1 Online-Ressource (circa 93 Seiten), Illustrationen
  4. Methods for modeling public policy and investment impacts on the economy, natural capital and ecosystem services
    Erschienen: November 2020
    Verlag:  Inter-American Development Bank, Environment, Rural Development, Environment and Disaster Risk Management Division, [Washington, DC]

    The year 2020 is a critical year for sustainable development policy and practice with the review and renewal of various international commitments including the Sustainable Development Goals, the Convention on Biological Diversity and the Paris... mehr

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    The year 2020 is a critical year for sustainable development policy and practice with the review and renewal of various international commitments including the Sustainable Development Goals, the Convention on Biological Diversity and the Paris Agreement. The post-2020 agenda needs to be informed by more robust analytical approaches that capture the interactions between the economy, society and the environment. In this paper, we review the state of the art in available models and datasets that lay the groundwork for future analytical work to inform this agenda. Based on this review, we propose an integrated modeling approach for global analysis to underpin international policy discourse and advocacy, and; a sub-global approach focusing on evaluating specific strategies and policy portfolios to make progress toward sustainability commitments considering detailed local country context. Both approaches rely on integrating whole of economy computable general equilibrium models with spatial land use land cover and ecosystem services models. Endogenizing feedbacks between modeling system components ensures that evidence is based on interactions between all system components. Recent advances in methods, data and available tools discussed herein reduce barriers to entry for this type of complex systems analysis and increases the timeliness of policy advice.

     

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    Weitere Identifier:
    hdl: 10419/237442
    Schriftenreihe: IDB working paper series ; no IDB-WP-01124
    Schlagworte: natural capital; biodiversity; ecosystem services; integrated economic-environmental modeling; The IEEM Platform; GTAP; computable general equilibrium (CGE) modeling; ecosystem services modeling; land use land cover (LULC) c hange modeling
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  5. Reflections on the role of natural capital for economic activity
    Erschienen: 2023
    Verlag:  Publications Office of the European Union, Luxembourg

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789276529484
    Weitere Identifier:
    Schriftenreihe: Array ; 180 (February 2023)
    Schlagworte: natural capital; resources; ecosystems; ecosystem accounting; production factors; production function; damage function; macroeconomic models
    Umfang: 1 Online-Ressource (circa 48 Seiten)
  6. Accounting for slower productivity growth in the Canadian business sector after 2000
    do measurement issues matter?
    Autor*in: Gu, Wulong
    Erschienen: October 29, 2018
    Verlag:  Statistics Canada, [Ottawa]

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9780660275840
    Weitere Identifier:
    11F0019M-No. 409
    Schriftenreihe: Analytical Studies Branch research paper series ; no. 409
    Research paper / Statistics Canada
    Schlagworte: productivity; natural capital; intangible capital; capacity utilization
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  7. Comprehensive wealth or inclusive wealth?
    preliminary results from a comparison of alternative wealth estimates for a sample of 123 countries
    Erschienen: 2015
    Verlag:  Massey Univ., College of Business, School of Economic and Finance, Palmerston, North

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    Schriftenreihe: Discussion paper / Massey University, College of Business, School of Economic and Finance ; 15,01
    Schlagworte: Comprehensive wealth; inclusive wealth; natural capital; produced capital; human capital; intangible capital; sustainability
    Umfang: Online-Ressource (58 S.)