| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| The Effects of Environmental Risk on Consumption: an Empirical Analysis on the Mediterranean Countries |
| Donatella Baiardi; Matteo Manera; Mario Menegatti
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| 发表日期 | 2014
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| 出处 | Energy: Resources and Markets
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| 出版年 | 2014
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| 语种 | 英语
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| 摘要 | This paper empirically estimates a micro-founded model which studies the macroeconomic impact of environmental and financial risks on consumption choices in the Mediterranean Region. The analysis is carried out using time series aggregate data for fourteen Mediterranean countries over the period 1965-2008. Our results indicate that both risks and their interaction significantly influence consumption dynamics. Our estimates of the indexes of relative risk aversion and relative prudence, as well as the relative preference for the quality of environment suggest marked cross-country heterogeneity.
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Suggested citation: Baiardi, D., M. Manera, M. Menegatti, (2014), 'The Effects of Environmental Risk on Consumption: an Empirical Analysis on the Mediterranean Countries', Environment and Development Economics / Volume 21 / Issue 04 / August 2016, pp 439-463 |
| 特色分类 | Q50;D81;E21
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| 关键词 | Consumption
Environmental Risk
Financial Risk
Prudence
Relative Risk Aversion
Relative Preference for the Quality
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-effects-of-environmental-risk-on-consumption-an-empirical-analysis-on-the-mediterranean-countries/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118285
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推荐引用方式
GB/T 7714 |
Donatella Baiardi,Matteo Manera,Mario Menegatti. The Effects of Environmental Risk on Consumption: an Empirical Analysis on the Mediterranean Countries. 2014.
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