Challenges in Environmental and Resource Economics

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (30 November 2021) | Viewed by 21530

Special Issue Editor


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Guest Editor
Laboratory of Operations Research, Department of Economics, University of Thessaly, 28hs Octovriou 78, 383 33 Volos, Greece
Interests: applied statistics and econometrics; simulations of economic modelling; environmental economics; applied micro-economic with emphasis in welfare economics; air pollution; game theory; mathematical models (non-linear programming)
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Special Issue Information

Dear Colleagues,

The issue of the interrelationship between economic growth, the efficient use of natural resources, and sustainability has been the subject of thorough research and of great interest to economists, researchers, and policymakers. Knowledge of the actual directions of causality between sustainability, efficiency, and growth has important implications for modelling environmental economic policies. Various, serious environmental problems demand urgent attention and the planning of adequate policies to drive sustainability. Low carbon, inclusive wealth and the efficient use of resources are important terms in international agendas. Together with the economic crisis and the current COVID-19 pandemic but also the climate crisis and the view that policies for attaining sustainability cannot be put into operation efficiently, policymakers anticipate a solution from the greening of the economy. Given the importance of the sustainable development goals (SDGs) and the association with other UN SDGs, papers written in these lines are particularly welcome. The development of new economic and environmental policies and the use of new econometric, operational research mathematical and statistical techniques provide enough space for further research. In order to fill this gap in the literature, this call for papers seeks an analysis with special attention to the potential role of the efficient use of natural resources, appropriate planning of environmental policies, and fulfilment of sustainable economic growth. The applied theoretical and analytical contributions are expected to provide guidance to policymakers and government officials in designing new policy scenarios for the investigation of sustainable environmental and resource economic policies. The empirical contributions should provide evidence to support and inform current policy debates worldwide. Contributions will be selected through a refereeing process consistent with the standard reviewing process of Economies, to ensure that original contributions of the highest quality are included.

To achieve these goals, studies are solicited addressing research questions including, but not limited to:

  • Economic growth and the environment: environmental problems (climate change, ozone depletion, acid rain, biodiversity, and desertification);
  • Air and water pollution;
  • The impact of pollution on health;
  • Health economics;
  • The economic crisis and sustainability;
  • Sustainability in the current COVID-19 pandemic;
  • Mitigation and adaptation in a climate crisis;
  • Sustainable development goals (SDGs);
  • Waste management;
  • Natural resource management;
  • Population economics;
  • Environmental policy tools;
  • Renewable energy sources;
  • Business and sustainable development;
  • Sustainable transport;
  • Sustainable tourism;
  • Urban and regional development.

Prof. Dr. George Halkos
Guest Editor

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Keywords

  • economic growth
  • environment
  • pollution
  • economic crisis and sustainability
  • COVID-19 pandemic
  • climate crisis
  • natural resource management
  • population economics
  • environmental policy tools
  • renewable energy sources
  • business and sustainable development
  • sustainable transport
  • sustainable tourism
  • urban and regional development

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Published Papers (5 papers)

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Research

18 pages, 1059 KiB  
Article
Do Local Fiscal Expenditures Promote the Growth of Profit-Seeking Enterprise Numbers in Neighboring Areas?
by Hao-Chen Huang, Hsin-Hung Liu, Chi-Lu Peng and Ting-Hsiu Liao
Economies 2022, 10(2), 34; https://doi.org/10.3390/economies10020034 - 28 Jan 2022
Cited by 4 | Viewed by 2642
Abstract
In order to allocate resources and formulate policies effectively, governments and enterprises often need accurate geographical information on profit-seeking enterprises. This study explores the impact of local fiscal expenditure and environmental regulation on the number of profit-seeking enterprises in Taiwan’s counties and cities [...] Read more.
In order to allocate resources and formulate policies effectively, governments and enterprises often need accurate geographical information on profit-seeking enterprises. This study explores the impact of local fiscal expenditure and environmental regulation on the number of profit-seeking enterprises in Taiwan’s counties and cities from the perspective of spatial econometrics, and analyzes data from 2001 to 2019. After comparing the explanatory power differences of various spatial econometric models, the spatial Durbin model, with spatial and time fixed effects, was used to explore the direct effect on the number of local profit-seeking enterprises, and the spillover effect of the number of local profit-seeking enterprises in different geographical locations on neighboring regions, especially the spatial spillover effect of local fiscal expenditure and labor and environmental regulations. This paper discusses the decision-making choices of local government regarding the competition strategy of environmental regulation, and finally provides the policy implications for the government as a reference. Full article
(This article belongs to the Special Issue Challenges in Environmental and Resource Economics)
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20 pages, 3621 KiB  
Article
Development of Methodology and Assessment of Ecological Safety of the EAEU and CIS Regions in the Context of Sustainable Development
by Svetlana Demidova, Michael Balog, Tatiana Chircova, Anastasia Kulachinskaya, Svetlana Zueva, Irina Akhmetova and Svetlana Ilyashenko
Economies 2021, 9(3), 100; https://doi.org/10.3390/economies9030100 - 1 Jul 2021
Cited by 7 | Viewed by 4141
Abstract
The trends of sustainable development and green agenda transform the production processes, leading industries, and regional markets, and reveal objective contradictions in ensuring the ecological safety of certain territories. This study aims to develop a methodology and assess ecological safety at aggregated system [...] Read more.
The trends of sustainable development and green agenda transform the production processes, leading industries, and regional markets, and reveal objective contradictions in ensuring the ecological safety of certain territories. This study aims to develop a methodology and assess ecological safety at aggregated system levels, taking into account natural and socioeconomic factors as well as the factor of human capital development with specification of the place of ecological safety in the concept of sustainable development. The objects of empirical research are the EAEU and CIS countries for the period 2010–2019, as well as 85 Russian regions. The scientific research toolkit is based on the methods of structural-logical, economical-statistical, and comparative analyses, and expert judgments. The concepts of sustainable development and human capital and the theory of the national school of ecological safety are analyzed using the systematic approach. The mixed methodological approach showed the interconnection of four approaches of assessing ecological safety (technogenic, environmental, institutional, resource-based). The authors developed a method for assessing ecological safety taking into account the contribution of human capital. The assessment results are typologized and grouped according to the dynamic trend. For the majority of the considered countries, changes in the level of ecological safety correlate with changes in socioeconomic indicators. The same trend is observed when considering the Russian regional formations. The contribution of human capital was recorded to a lesser extent. For several regions, the increased number of objects polluting the environment is accompanied by a decreased volume of polluting emissions into the atmosphere. Full article
(This article belongs to the Special Issue Challenges in Environmental and Resource Economics)
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11 pages, 2334 KiB  
Article
The Response of Housing Construction to a Copper Price Shock in Chile (2009–2020)
by Byron J. Idrovo-Aguirre and Javier E. Contreras-Reyes
Economies 2021, 9(3), 98; https://doi.org/10.3390/economies9030098 - 29 Jun 2021
Cited by 15 | Viewed by 2999
Abstract
The copper price is a leading indicator of real estate activity. Price increases are statistically related to increasing numbers of applications for residential building permits. However, this reciprocity is not instantaneous as permit numbers lag price rises by 9 to 10 months. This [...] Read more.
The copper price is a leading indicator of real estate activity. Price increases are statistically related to increasing numbers of applications for residential building permits. However, this reciprocity is not instantaneous as permit numbers lag price rises by 9 to 10 months. This dynamic is implicit in various transmission channels: from the first effects on investment plans and demand for durable goods due to better expectations from investors and consumers to the real impact of higher copper revenues on the economy’s aggregate production and demand (multiplier or second-round effect). In this paper, we proposed the impulse-response functions of a vector autoregressive model to capture the dynamic between the copper price and house building permits. Therefore, it would be expected that the recent copper price increase will boost construction and real estate activity. The effects could materialize this year and extend into early 2022. Full article
(This article belongs to the Special Issue Challenges in Environmental and Resource Economics)
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11 pages, 543 KiB  
Article
R&D Investment, Financial and Environmental Performance Nexuses via Bootstrap Fourier Quantiles Granger Causality Test
by Feng-Li Lin
Economies 2021, 9(2), 85; https://doi.org/10.3390/economies9020085 - 28 May 2021
Cited by 4 | Viewed by 3223
Abstract
This study investigated the relationship between R&D investments and financial and environmental performance. The direction, size, and significance of various phases of these variables were generated using the bootstrap Fourier quantiles Granger causality test. In our results, a positive relationship between R&D investment [...] Read more.
This study investigated the relationship between R&D investments and financial and environmental performance. The direction, size, and significance of various phases of these variables were generated using the bootstrap Fourier quantiles Granger causality test. In our results, a positive relationship between R&D investment and CO2 emission reductions was found at two tails of quantiles. Additionally, we observed a significantly positive relationship between financial performance and CO2 emission reductions at the 0.5 quantile and above. The correlation between R&D investment and financial performance was identified to be positive under the 0.3, 0.4, 0.5 and 0.9 quantiles and negative under the 0.5 and 0.6 quantiles. The changing linkages among R&D investment, environmental performance and financial performance found in this study provide important information for policy makers, aiding in the development of R&D strategies to upgrade financial and environmental performance simultaneously. Full article
(This article belongs to the Special Issue Challenges in Environmental and Resource Economics)
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20 pages, 394 KiB  
Article
Taxation of Land and Economic Growth
by Shulu Che, Ronald Ravinesh Kumar and Peter J. Stauvermann
Economies 2021, 9(2), 61; https://doi.org/10.3390/economies9020061 - 17 Apr 2021
Cited by 4 | Viewed by 5233
Abstract
In this paper, we theoretically analyze the effects of three types of land taxes on economic growth using an overlapping generation model in which land can be used for production or consumption (housing) purposes. Based on the analyses in which land is used [...] Read more.
In this paper, we theoretically analyze the effects of three types of land taxes on economic growth using an overlapping generation model in which land can be used for production or consumption (housing) purposes. Based on the analyses in which land is used as a factor of production, we can confirm that the taxation of land will lead to an increase in the growth rate of the economy. Particularly, we show that the introduction of a tax on land rents, a tax on the value of land or a stamp duty will cause the net price of land to decline. Further, we show that the nationalization of land and the redistribution of the land rents to the young generation will maximize the growth rate of the economy. Full article
(This article belongs to the Special Issue Challenges in Environmental and Resource Economics)
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