Decarbonization and non-cooperating strategies: a case for Mexico

Countries with a low share of global emissions may perceive their cooperation in decarbonization as less critical yet economically burdensome. While non-cooperating countries may benefit from reduced global emissions at lower direct costs, they can also face significant environmental consequences. This paper investigates an asymmetric scenario in which most countries engage in decarbonization efforts while a single country adopts a free-riding strategy, focusing on Mexico as a case study. Our study provides insights into investment needs compared to environmental implications for a country with a free-riding strategy. The investment needs under free-riding tend to be higher than a baseline s..

Energy Economics

Decarbonization and non-cooperating strategies: a case for Mexico

Countries with a low share of global emissions may perceive their cooperation in decarbonization as less critical yet economically burdensome. While non-cooperating countries may benefit from reduced global emissions at lower direct costs, they can also face significant environmental consequences. This paper investigates an asymmetric scenario in which most countries engage in decarbonization efforts while a single country adopts a free-riding strategy, focusing on Mexico as a case study. Our study provides insights into investment needs compared to environmental implications for a country with a free-riding strategy. The investment needs under free-riding tend to be higher than a baseline s..

Environmental Economics

Riders in the Smog: How Air Pollution Affects Workers in Urban Environments

Using large-scale high-granularity data from a food delivery platform and granular pollution and weather information, we study how PM2.5 fluctuations affect riders’ absenteeism, productivity, and accidents. Exploiting exogenous pollution variation from inverse boundary layer height, we find that higher pollution increases absenteeism for all workers and raises delivery times and accident rates only among (e-)bike riders, who must exert physical effort while working. Affected workers compensate productivity losses by working longer hours. Monetary incentives mitigate the effects on absenteeism but do not offset the decline in productivity and appear to exacerbate accident risk.

Microeconomic European Issues

Riders in the Smog: How Air Pollution Affects Workers in Urban Environments

Using large-scale high-granularity data from a food delivery platform and granular pollution and weather information, we study how PM2.5 fluctuations affect riders’ absenteeism, productivity, and accidents. Exploiting exogenous pollution variation from inverse boundary layer height, we find that higher pollution increases absenteeism for all workers and raises delivery times and accident rates only among (e-)bike riders, who must exert physical effort while working. Affected workers compensate productivity losses by working longer hours. Monetary incentives mitigate the effects on absenteeism but do not offset the decline in productivity and appear to exacerbate accident risk.

Health Economics

Household Saving in Japan: The Past, Present, and Future

The primary objective of this paper is to explore the determinants of the level of, and trends over time in, Japan's household saving rate, with emphasis on the impact of the age structure of the population, and to make projections about future trends therein. The paper finds that Japan's household saving rate has not always been high either absolutely or relative to other countries, contrary to popular belief, and that, if we confine ourselves to the postwar period, it was only during the 25-year period from 1961 to 1986 that it exceeded 15%. Past and future trends in Japan's household saving rate can largely be explained by changes in the age structure of her population, but declines in th..

Economics of Ageing

Household Saving in Japan: The Past, Present, and Future

The primary objective of this paper is to explore the determinants of the level of, and trends over time in, Japan's household saving rate, with emphasis on the impact of the age structure of the population, and to make projections about future trends therein. The paper finds that Japan's household saving rate has not always been high either absolutely or relative to other countries, contrary to popular belief, and that, if we confine ourselves to the postwar period, it was only during the 25-year period from 1961 to 1986 that it exceeded 15%. Past and future trends in Japan's household saving rate can largely be explained by changes in the age structure of her population, but declines in th..

Business, Economic and Financial History

Eliciting 10% of semi-natural habitats on farmland for biodiversity: Recommendations for cost-effective policy

The EU has set an objective of reaching 10% of landscape features on its agricultural land by 2030 as part of its latest Biodiversity Strategy. This share is often considered the minimum amount of semi-natural habitats required to halt biodiversity declines and ensure the provision of ecosystem services. This policy objective has faced considerable political opposition due to potentially high budgetary and opportunity costs. We explore farmers' preferences towards hypothetical incentive schemes that ensure the provision of 10% of semi-natural habitats at the landscape level. We use the results of a discrete choice experiment to estimate the total budgetary costs of different schemes and pote..

Agricultural Economics

The peril of distribution channel integration with environmental quality under supply chain competition

This study analyzes vertical channel integration versus decentralization with products of different environmental quality under supply chain competition. We first examine the strategic impact of different channel structures on environmental quality, firms' profits, and welfare. Specifically, we analyze and compare different channel structures: no integration (decentralization), ordinary product channel integration, green product channel integration, and full channel integration. It is found that more channel integration will cause more intense competition in terms of environmental quality decisions between the manufacturers and thus lower profits. Therefore, the manufacturers always prefer d..

Environmental Economics

InTerACT: A Systemic Social Marketing Framework for Equitable Access and Social Justice

This research addresses inequalities in access to essential resources and services (food, health, energy, education). It shows that territorial and social access inequalities stem as much from structural determinants—such as supply chain organization, infrastructures, rules, and power relations—as from individual decisions. Focus of the Article The article repositions social marketing within a justice-oriented systemic perspective. Rather than focusing solely on information or awareness, the objective is to transform the access conditions that shape practices. The approach is explicitly audience-oriented, emphasizing lived experience, frictions, and renunciation; it calls for segmenting ..

Macroeconomics

Building Resilient Global Logistics Network with Physical Internet and Robust Optimization

Logistics and supply chain resilience have become a critical priority in an era of increasing global uncertainty. The Physical Internet (PI) offers a transformative vision for logistics: an open, shared, and interconnected network that inherently promises greater resilience and sustainability. This paper investigates how PI principles can be proactively integrated into multimodal logistics networks to enhance their resilience and environmental performance. We first propose a pragmatic decision-making framework to guide managers through a step-by-step process for logistics network design and enhancement. Building on this framework, we develop two PI-based resilient network redesign strategies..

Transport Economics

Building Resilient Global Logistics Network with Physical Internet and Robust Optimization

Logistics and supply chain resilience have become a critical priority in an era of increasing global uncertainty. The Physical Internet (PI) offers a transformative vision for logistics: an open, shared, and interconnected network that inherently promises greater resilience and sustainability. This paper investigates how PI principles can be proactively integrated into multimodal logistics networks to enhance their resilience and environmental performance. We first propose a pragmatic decision-making framework to guide managers through a step-by-step process for logistics network design and enhancement. Building on this framework, we develop two PI-based resilient network redesign strategies..

Environmental Economics

Enduring Legacies of Forced Migration: Refugees and Health Behavior in 21st - Century Greece

This paper investigates the long-term impact of the 1920s forced displacement of Asia Minor refugees on contemporary health behaviors in Greece. Using regionally representative data from the 2019 Greek Health Survey and historical refugee settlement patterns, we find that individuals living in areas with higher historical shares of refugees are significantly more likely to engage in preventive health care, consult medical professionals, participate in physical activity, and maintain healthy dietary habits. These effects persist after controlling for socioeconomic, demographic, and geographic factors, and are robust to various specifications, including the exclusion of Attica, the main intern..

Economics of Human Migration

Enduring Legacies of Forced Migration: Refugees and Health Behavior in 21st - Century Greece

This paper investigates the long-term impact of the 1920s forced displacement of Asia Minor refugees on contemporary health behaviors in Greece. Using regionally representative data from the 2019 Greek Health Survey and historical refugee settlement patterns, we find that individuals living in areas with higher historical shares of refugees are significantly more likely to engage in preventive health care, consult medical professionals, participate in physical activity, and maintain healthy dietary habits. These effects persist after controlling for socioeconomic, demographic, and geographic factors, and are robust to various specifications, including the exclusion of Attica, the main intern..

Health Economics

Enduring Legacies of Forced Migration: Refugees and Health Behavior in 21st - Century Greece

This paper investigates the long-term impact of the 1920s forced displacement of Asia Minor refugees on contemporary health behaviors in Greece. Using regionally representative data from the 2019 Greek Health Survey and historical refugee settlement patterns, we find that individuals living in areas with higher historical shares of refugees are significantly more likely to engage in preventive health care, consult medical professionals, participate in physical activity, and maintain healthy dietary habits. These effects persist after controlling for socioeconomic, demographic, and geographic factors, and are robust to various specifications, including the exclusion of Attica, the main intern..

Business, Economic and Financial History

Government agriculture schemes in the presence of social influence and technological advancement

Water-saving technologies contribute to mitigating the environmental impact of agriculture and raising farmers' incomes by reducing production input and enhancing crop quality. The promotion of water-saving technologies commonly requires government support and intervention. This study investigates two subsidy schemes: the dynamic scheme and commitment scheme, in terms of social welfare, supplier profits and farmer surplus. We develop an analytical model to analyze the interactions within an agricultural supply chain consisting of a government, a water-saving equipment supplier and heterogeneous farmers across two periods, taking social influence and technological advancement into considerati..

Agricultural Economics

Commodity price uncertainty comovement: Does it matter for global economic growth?

We investigate the macroeconomic effects of commodity price uncertainty by explicitly accounting for comovement across commodity markets. Using quarterly realized volatilities of major agricultural, metals, and energy commodity prices, we estimate a hierarchical dynamic factor model that decomposes uncertainty into a global component, common to all commodities, and group-specific components capturing sectoral uncertainty. The estimated uncertainty factors are then embedded into country-specific Structural VAR models to assess the dynamic macroeconomic responses to uncertainty shocks through impulse response functions. We focus in particular on business investment and exports across a panel o..

Econometric Time Series

Does fiscal autonomy increase local income? Evidence from Italy

Can fiscal autonomy affect per capita income levels? We empirically investigate the impact of fiscal autonomy on per capita income through the proper use of local financial resources. Exploiting a natural experiment in Italy, we compare municipalities in the Autonomous Provinces of Trento and Bolzano, which retain and manage almost all their tax revenues, with neighbouring municipalities in Lombardy and Veneto, where only a small fraction of revenues is autonomously managed. Using a spatial fuzzy regression discontinuity design, we estimate the effect of financial fiscal autonomy on per capita income. We address the potential endogeneity of financial fiscal autonomy with a dummy variable ide..

Macroeconomics

Does fiscal autonomy increase local income? Evidence from Italy

Can fiscal autonomy affect per capita income levels? We empirically investigate the impact of fiscal autonomy on per capita income through the proper use of local financial resources. Exploiting a natural experiment in Italy, we compare municipalities in the Autonomous Provinces of Trento and Bolzano, which retain and manage almost all their tax revenues, with neighbouring municipalities in Lombardy and Veneto, where only a small fraction of revenues is autonomously managed. Using a spatial fuzzy regression discontinuity design, we estimate the effect of financial fiscal autonomy on per capita income. We address the potential endogeneity of financial fiscal autonomy with a dummy variable ide..

Economic Geography

Sailing through history: the legacy of medieval sea trade on migrant perception and extreme right voting

This study evaluates whether exposure of local areas to medieval Mediterranean trade with Africa and the Middle East still shapes Italian political attitudes. Such exchanges may have fostered cultural traits that eased interaction with people of different cultures, ethnicities, and religions. We show that individuals living near a medieval port are less likely to view migrants as a security threat or to report right-wing voting preferences; these areas also had fewer xenophobic attacks during the 2015 Syrian refugee surge. We also find that right-wing parties received fewer votes near medieval ports only when immigration was highly salient. Finally, we document a lower probability of Jewish ..

Positive Political Economics

The dynamic effects of health on the employment of older workers: impacts by gender, country, and race

Using data from the Health and Retirement Study (HRS) and the English Longitudinal Study of Ageing (ELSA), we estimate the impact of health on employment for individuals close to retirement age. Estimating the model separately by race and gender, we find that racial differences in employment can be partly explained by the worse health of minorities as well as the larger impact of health on employment for minorities.

Economics of Ageing

Sailing through history: the legacy of medieval sea trade on migrant perception and extreme right voting

This study evaluates whether exposure of local areas to medieval Mediterranean trade with Africa and the Middle East still shapes Italian political attitudes. Such exchanges may have fostered cultural traits that eased interaction with people of different cultures, ethnicities, and religions. We show that individuals living near a medieval port are less likely to view migrants as a security threat or to report right-wing voting preferences; these areas also had fewer xenophobic attacks during the 2015 Syrian refugee surge. We also find that right-wing parties received fewer votes near medieval ports only when immigration was highly salient. Finally, we document a lower probability of Jewish ..

Business, Economic and Financial History

How to protect and restore biodiversity? Exploring polarized citizens' expectations through embedding-based topic modeling with large language models

Despite increasing efforts to promote biodiversity protection, a persistent gap remains between policy measures and public expectations. Aligning biodiversity strategies with citizens' concerns is crucial to fostering support and ensuring effective implementation. Building on the environmental governance and ecosystem services literature, this study leverages Large Language Models for embedding-based topic modeling to analyze a large-scale public consultation involving 80, 000 participants, 6000 proposals, and 1.8 million votes in France, identifying eight key biodiversity-related themes: Management of natural and urban spaces, Resource management and pollution control, Wildlife protection a..

Agricultural Economics

How to protect and restore biodiversity? Exploring polarized citizens' expectations through embedding-based topic modeling with large language models

Despite increasing efforts to promote biodiversity protection, a persistent gap remains between policy measures and public expectations. Aligning biodiversity strategies with citizens' concerns is crucial to fostering support and ensuring effective implementation. Building on the environmental governance and ecosystem services literature, this study leverages Large Language Models for embedding-based topic modeling to analyze a large-scale public consultation involving 80, 000 participants, 6000 proposals, and 1.8 million votes in France, identifying eight key biodiversity-related themes: Management of natural and urban spaces, Resource management and pollution control, Wildlife protection a..

Environmental Economics

Future energy scenarios with renewables and flexibilities in distribution grids – National case study in France

Medium and low voltage distribution grids are at the core of the energy transition as they are expected to host a large share of renewables and flexible resources. Their modeling within decarbonization pathways is then of great importance in providing realistic future energy scenarios. This paper investigates different scenarios at the French national scale up to 2050 while varying the electricity demand, renewables installed in both transmission and distribution grids, and the considered flexibility technologies. The methodology relies on coupling a longterm energy model ( POLES) and an open-source short-term optimization framework (Backbone). POLES produces long-term decarbonization scenar..

Energy Economics

Future energy scenarios with renewables and flexibilities in distribution grids – National case study in France

Medium and low voltage distribution grids are at the core of the energy transition as they are expected to host a large share of renewables and flexible resources. Their modeling within decarbonization pathways is then of great importance in providing realistic future energy scenarios. This paper investigates different scenarios at the French national scale up to 2050 while varying the electricity demand, renewables installed in both transmission and distribution grids, and the considered flexibility technologies. The methodology relies on coupling a longterm energy model ( POLES) and an open-source short-term optimization framework (Backbone). POLES produces long-term decarbonization scenar..

Environmental Economics

Investing in farming under uncertainty and redistributive support

We develop a real-options model to assess how the post-2023 Common Agricultural Policy (CAP) income support scheme influences landholders’ investment behavior. The reformed CAP increased per-hectare support for small farms through redistributive payments linked to “first hectares†. Small farms respond to higher payments with more aggressive investment strategies. Instead large farms exhibit a nuanced response since higher basic payments encourage investments, but greater redistributive payments lead to more conservative behavior. These dynamics create a “pooling effect†around the farm-size threshold distinguishing large from small farms. Our analysis contributes ..

Agricultural Economics

McLean’s legacy: The current state of research on handling equipment in container transshipment yards

Business, Economic and Financial History