OPEC+'s 'Reasonable Oil Price Level' Notion and the External Breakeven in Saudi Arabia, Russia and Canada: Accounting for Economic Cycles and Pipeline Politics
In: USAEE Working Paper No. 20-459
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In: USAEE Working Paper No. 20-459
SSRN
Working paper
In: USAEE Working Paper No. 19-420
SSRN
Working paper
In: Journal of international development: the journal of the Development Studies Association, Band 24, Heft 3, S. 287-303
ISSN: 0954-1748
In: Journal of international development: the journal of the Development Studies Association, Band 24, Heft 3, S. 287-303
ISSN: 1099-1328
AbstractLatin American and Caribbean countries are world leaders in intentional homicide rates. Our estimates suggest that the intentional homicide rate in the Latin America and Caribbean region is 40 per cent higher than the average for the rest of the world. The intentional homicide rate for a group of violent countries (Brazil, Colombia, El Salvador, Guatemala and Jamaica) is nearly 58 per cent higher than the world's average. Utilising an international panel data set to study the determinants of intentional homicide, we demonstrate that intentional homicide is highly inert, counter‐cyclical, declines with development and rises with violence and income inequality. Copyright © 2011 John Wiley & Sons, Ltd.
In: Journal of Public Economic Theory, Band 9, Heft 1, S. 69-87
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We demonstrate that an interregional policy scheme featuring trading of carbon dioxide emissions, redistributive resource transfers and global participation, a scheme which we call "Ideal Kyoto Protocol," yields an efficient equilibrium allocation for a global economy. An altruistic international agency – say, the Global Environment Facility – should operate the resource transfer mechanism. In addition, regional governments should be able to make independent policy commitments regarding how to control regional emissions of carbon dioxide in anticipation of the redistributive transfers. Our efficiency result suggests that the USA should be "bribed" to reverse its decision of not participating in the Kyoto Protocol.
BASE
In: The journal of conflict resolution: journal of the Peace Science Society (International), Band 62, Heft 3, S. 496-528
ISSN: 1552-8766
We investigate how externalities and cooperation affect nations' efforts to counter transnational terrorism activities. Our model captures three factors whose interplay determines counterterrorism (CT) efforts and terrorist activity: the size of the spillover effect, the degree of internalization of the externality, and whether nations' CT efforts have an asymmetric or symmetric effect on the security of other nations. In our symmetric model, preemptive CT efforts and terrorist activities decrease with the size of the externality regardless of the degree of cooperation between nations. In our asymmetric model, as the externality of the "smaller" nation increases, the "larger" nations reduce their efforts, and the smaller nation reacts by increasing its own efforts. We also investigate coalition stability and show that (a) in the preemptive case, the full coalition is not stable and partial coalitions are stable for sufficiently small externalities; and (b) in the defensive, symmetric case, only the full coalition is stable.
World Affairs Online
In: Dynamic games and applications: DGA, Band 7, Heft 3, S. 402-421
ISSN: 2153-0793
In: The economic journal: the journal of the Royal Economic Society, Band 111, Heft 468, S. 188-205
ISSN: 1468-0297
In: Journal of Environmental Management, 347, (2023), 119081. DOI: 10.1016/j.jenvman.2023.119081.
SSRN
In: Energy economics, Band 136, S. 107697
ISSN: 1873-6181