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A Statistical Analysis of the Environmental Kuznets Curve: Investigating the Relationship Between Economic Growth and Pollution In China 环境库兹涅茨曲线的统计分析:中国经济增长与污染关系研究
Pub Date : 2021-03-18 DOI: 10.2139/ssrn.3806948
Xinye Yang
The purpose of this paper is to present statistical analysis of the Environmental Kuznets Curve (EKC) theory, the hypothesized relationship between different environmental indicators, by analyzing empirical studies from existing literature. This paper describes the critical history and theory of the EKC, its theoretical foundations, and possible deviations with the focus on utilizing the Simultaneous Equation Model (SEM). The Kuznets Curve proposes that as an economy develops, the inequality will increase as the income per capita increases; however, it will then decrease and display an inverted U-shaped pattern. The goal is to assess if EKC aligns with the imperial analysis in the case of the Chinese economy as China has experienced the fastest economic growth over the past decade.
本文的目的是通过对已有文献的实证研究进行分析,对环境库兹涅茨曲线理论(EKC)——不同环境指标之间的假设关系进行统计分析。本文介绍了EKC的关键历史和理论,它的理论基础,以及可能的偏差,重点是利用联立方程模型(SEM)。库兹涅茨曲线提出,随着经济的发展,不平等会随着人均收入的增加而增加;然而,它随后会减少并显示倒u形模式。其目的是评估EKC在中国经济情况下是否与帝国分析一致,因为中国在过去十年中经历了最快的经济增长。
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引用次数: 0
Climate Change Exposure and Firm Cash Holdings 气候变化风险敞口与企业现金持有量
Pub Date : 2021-03-01 DOI: 10.2139/ssrn.3795298
Yuna Heo
Using firm-level climate change exposure data, we show that firms significantly increase their cash holdings in response to increases in climate changes. Our results are robust to using alternative climate change measures and alternative cash ratio measures. We present that the increase in cash holdings is more pronounced in firms with higher financial constraints, higher cash flow volatility, and less cash resilience. We further find that, after Paris Agreement, firms exposed to more climate changes hoard more cash. We also find that firms in more vulnerable industries increase cash holdings more than firms in other industries.
利用企业层面的气候变化风险数据,我们发现企业显著增加现金持有量以应对气候变化的增加。我们的结果对于使用替代气候变化措施和替代现金比率措施是稳健的。我们发现,在财务约束程度较高、现金流波动性较高、现金弹性较弱的企业中,现金持有量的增加更为明显。我们进一步发现,在《巴黎协定》之后,受到更多气候变化影响的企业囤积了更多现金。我们还发现,弱势行业的企业增加现金持有量的比例高于其他行业的企业。
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引用次数: 13
Modeling Carbon Emission Allowance Trading in China’s ETS 中国碳排放交易体系中的碳排放权交易模型
Pub Date : 2021-02-15 DOI: 10.2139/ssrn.3785700
Hongjun Wu, Lingju Chen, Qingliang Tang
This paper develops a game model to depict the process of determining the trading price and volume at equilibrium of Chinese carbon emission allowance trading market. Assuming that the cost for carbon emission reduction is a normally distributed random variable, enterprises are risk-neutral, and the total quantity of emissions allowances for the whole carbon market is a given, exogenous variable, carbon emission allowance price is a linear function, the model shows that CO2 price and volume are both affected by the magnitude and variance in the carbon reduction costs borne by companies and the reduction targets of the government. More specifically, the ratio between variances in costs and in reduction targets is associated with the speed of changes in CO2 price and rate of change in CO2 volume. This theoretical model should enhance our understanding of the mechanism of carbon trading price and volume of cap-and-trade system.
本文建立了一个博弈模型来描述中国碳排放权交易市场均衡交易价格和交易量的确定过程。假设碳减排成本是一个正态分布随机变量,企业是风险中性的,整个碳市场的排放配额总量是一个给定的外生变量,碳排放配额价格是一个线性函数,则模型表明,二氧化碳价格和排放量都受到企业所承担的碳减排成本的大小和方差以及政府减排目标的影响。更具体地说,成本差异与减少目标之间的比率与二氧化碳价格变化的速度和二氧化碳体积变化的速度有关。这一理论模型有助于我们更好地理解限额与交易制度下碳交易价格与数量的机制。
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引用次数: 0
Assessment of the competitiveness of agricultural holdings in Bulgaria 评估保加利亚农业控股的竞争力
Pub Date : 2021-02-15 DOI: 10.2139/ssrn.3786062
Hrabrin Bachev Храбрин Башев, N. Koteva
Despite its importance and continuing debates, there is still no consensus on what is the competitiveness of farms, how to measure the competitiveness of different organizations in agriculture, what is the absolute and comparative competitiveness of different types of farms, which are the critical factors for increasing the competitiveness at the current stage of development, etc. This study tries to fill the existing gap by applying a holistic approach and assessing the competitiveness of Bulgarian farms as a whole and with different specializations. The multi-criteria assessment found that the level of competitiveness of farms in the country is at a good level, with low adaptive potential and economic efficiency to the greatest extent contributing to lower competitiveness. More than a third of all agricultural holdings have a low level of competitiveness. The most competitive are the farms specialized in beekeeping, followed by field crops, mixed animal husbandry and mixed crops production, and the lowest for farms in grazing livestock. The most significant factors for increasing the competitiveness of Bulgarian farms are market conditions (supply and demand, prices, competition), direct government subsidies, access to knowledge, advice and counseling, participation in government support programs, available information, financial opportunities, and opportunities for benefits in the near future. The proposed approach should be improved and applied more widely and periodically, increasing accuracy and representativeness. The latter requires close cooperation with producer organizations, advisory service and other stakeholders, and improvement of the agricultural information collection system in the country.
尽管其重要性和持续的争论,但对于什么是农场的竞争力,如何衡量农业中不同组织的竞争力,不同类型农场的绝对竞争力和比较竞争力是什么,这些是在当前发展阶段提高竞争力的关键因素,等等,仍然没有达成共识。本研究试图通过采用整体方法和评估保加利亚农场作为一个整体和不同专业的竞争力来填补现有的差距。多指标评价发现,全国农场的竞争力水平处于较好的水平,适应潜力和经济效率较低是导致竞争力较低的最大原因。超过三分之一的农业资产竞争力水平较低。最具竞争力的是专门养蜂的农场,其次是大田作物、混合畜牧业和混合作物生产,最低的是放牧牲畜的农场。提高保加利亚农场竞争力的最重要因素是市场条件(供求、价格、竞争)、政府直接补贴、获得知识、建议和咨询、参与政府支持计划、现有信息、财务机会以及在不久的将来获得利益的机会。建议的方法应加以改进,更广泛和定期地加以应用,以提高准确性和代表性。后者需要与生产者组织、咨询服务和其他利益攸关方密切合作,并改进该国的农业信息收集系统。
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引用次数: 1
Cross-Economy Dynamics in Energy Productivity: Evidence from 47 Economies over the Period 2000–2015 能源生产率的跨经济动态:来自47个经济体2000-2015年的证据
Pub Date : 2021-01-29 DOI: 10.2139/ssrn.3807069
Yang Liu, Sheng Zhong
We investigate the long-run cross-economy dynamics in energy productivity across the world. We construct a data set comprising value-added and energy use data on 18 productive sectors in 47 economies over the period 2000–2015. First, we analyze the cross-economy distribution of energy productivity. Compared with 2000, this distribution shifted more toward the world average level in 2015. By using an index decomposition approach, we disentangle energy efficiency effect and economic structure effect as key determinants of the overall energy productivity improvement. Our results show that energy productivity progress is to a large extent driven by technological change but offset by economic structural change. Second, we explore the long-run distribution of energy productivity. Diverse patterns of energy productivity changes across these economies contradict the implicit assumption of standard convergence analysis. To address this issue, we adopt the Markov chain transition matrix. In a long-run steady state, around 64% of sample economies upgrade toward the upper end of the whole distribution, with their energy productivity performing better than the world average. Around 18% of sample economies remain at a level lower than the world average. The results suggest the persistent gap in energy efficiency across economies.
我们研究了全球能源生产率的长期跨经济动态。我们构建了一个包含47个经济体2000-2015年期间18个生产部门的增加值和能源使用数据的数据集。首先,分析了能源生产率的跨经济分布。与2000年相比,这一分布在2015年更接近世界平均水平。通过指数分解方法,我们揭示了能源效率效应和经济结构效应是整体能源生产率提高的关键决定因素。研究结果表明,能源生产率的进步在很大程度上受到技术变革的推动,但被经济结构变革所抵消。第二,探讨能源生产率的长期分布。这些经济体能源生产率变化的不同模式与标准趋同分析的隐含假设相矛盾。为了解决这个问题,我们采用了马尔可夫链转移矩阵。在长期稳定状态下,约64%的样本经济体向整个分布的高端升级,其能源生产率表现优于世界平均水平。约18%的样本经济体仍处于低于世界平均水平的水平。研究结果表明,各经济体在能源效率方面存在持续的差距。
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引用次数: 0
Improving the Efficiency of Equipment and Technology of Waste Briquetting 提高垃圾压块的设备和工艺效率
Pub Date : 2020-12-25 DOI: 10.15587/1729-4061.2020.220349
Ivan Bondarenko, O. Kutniashenko, A. Toporov, L. Anishchenko, Olha Ziuz, I. Dunayev, Alexandr Krakhmalyov, Olha Yavorovska, O. Kostina, O. Aleksieieva
The present-day problem of the accumulation of carbon waste was considered in connection with the aggravating urgency. General tendencies and approximate rational compositions of unprepared polydisperse fractions of mixtures of potential raw materials during their compaction and subsequent thermolysis have been experimentally determined. It was found that with an increase in moisture or binder content, solid carbon waste becomes more plastic and viscous (from 0.6 to 0.4), the coefficient of internal friction decreases. The effect of moisture on the coefficient of external friction is less noticeable (up to a 25 % reduction). It has been determined that preheating of the charge to 80 °C contributes to a decrease in density of the resulting briquettes (on average by 5–6 %) and leads to an increase in the coefficient of elastic expansion. Briquettes, all other things being equal, are 5–10 % stronger but a 1 % increase in strength accounts for a 2 % increase in energy costs. Upon re-compaction, a noticeable change in compression properties occurs. The briquette density increases by an average of 7 %. With a lower binder content, a 14 % increase in density was obtained. In this case, the increase in strength is directly proportional to energy consumption. An increase in binder content in briquets and their re-compaction were recommended. It has been found that with the optimized operation of the boiler plants that incinerate the briquetted waste, the coefficient of expenditure per year is 32.9 % less than the value of this index when using the equipment for recovery of unprepared waste. At the same time, the coefficient of influence on the environment over a 15-year period was 28.89 % less than the value of this index when operating similar equipment. The results obtained reasonably indicate that the optimized technology of waste briquetting and subsequent incineration is characterized by a significant increase in the environmental and economic efficiency of the waste recovery process.
目前的碳废物积累问题是与日益紧迫的问题联系在一起考虑的。通过实验确定了潜在原料混合物在压实和随后的热裂解过程中未制备的多分散组分的一般趋势和近似合理组成。研究发现,随着含水量或粘结剂含量的增加,固碳废弃物的塑性和粘性增大(由0.6增大到0.4),内摩擦系数减小。水分对外部摩擦系数的影响不太明显(最多减少25%)。已经确定,将装料预热到80℃有助于降低所得到的型煤的密度(平均降低5 - 6%),并导致弹性膨胀系数的增加。在其他条件相同的情况下,型煤的强度增加5 - 10%,但强度每增加1%,能源成本就会增加2%。在重新压缩后,压缩特性发生了明显的变化。型煤密度平均增加7%。在粘合剂含量较低的情况下,密度增加了14%。在这种情况下,强度的增加与能量消耗成正比。建议增加型煤中粘结剂的含量,并对其进行再压实。结果表明,通过对烧成块垃圾的锅炉厂进行优化运行,利用该设备回收未处理垃圾时,年支出系数比该指标值低32.9%。同时,15年期间对环境的影响系数比运行同类设备时的该指标值低28.89%。结果合理地表明,优化后的垃圾压块后焚烧工艺具有显著提高垃圾回收过程的环境效益和经济效益的特点。
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引用次数: 2
Modeling the Impact of Environmental Investments on the Environment State 环境投资对环境状态影响的建模
Pub Date : 2020-10-31 DOI: 10.15587/2706-5448.2020.215648
N. Yavorska
The object of research is the level of environmental pollution by the example of Ukraine. The paper investigates the relationship between the volume of capital investment and a decrease in the level of environmental pollution. The methodological basis of the study is the fundamental foundations of economic theory, environmental protection, environmental economics, statistics and econometrics. To develop a statistical model of the relationship between environmental investment and environmental pollution, a correlation analysis is carried out using the paired regression equation, where a hypothesis is put forward that the relationship between all possible values of factorial and effective indicators is linear. The parameters of the constructed models are estimated by the least squares method and the statistical significance of the models is checked. The research results indicate the presence of a close inverse relationship between the volumes of capital investments for the protection of atmospheric air on the volume of emissions of pollutants into the air. This is due to the fact that the linear correlation coefficient is: –0.826, and the value of the coefficient of determination (0.6818) shows the decisive influence of capital investments on emissions. Checking the statistical significance of the model makes it possible to recognize the constructed econometric model of the effect on the volume of emissions of pollutants into the air as statistically reliable. The resulting model can be used to predict the volume of emissions of pollutants into the air and provides an opportunity to address issues of optimizing investment and environmental policies. On the other hand, an econometric model is obtained for the effect on the amount of recycled waste, which is characterized by a noticeable direct relationship (linear correlation coefficient – 0.595) and shows that only 35.44 % of recycled waste is directly related to the volume of capital investments. Checking the statistical significance shows the unreliability of the model of influence on the amount of disposed waste. Although the resulting model can’t be used for forecasting, it can be used in further studies to identify other factors influencing waste disposal.
以乌克兰为例,研究其环境污染水平。本文研究了资本投资额与环境污染水平下降之间的关系。本研究的方法论基础是经济理论、环境保护、环境经济学、统计学和计量经济学的基本基础。为了建立环境投资与环境污染关系的统计模型,本文采用配对回归方程进行相关分析,假设因子的所有可能值与有效指标之间的关系为线性关系。用最小二乘法估计模型的参数,并检验模型的统计显著性。研究结果表明,保护大气的资本投资额与大气中污染物的排放量之间存在密切的反比关系。这是因为线性相关系数为:-0.826,决定系数(0.6818)的值显示了资本投资对排放的决定性影响。对模型的统计显著性进行检验,就有可能认识到所构建的对空气中污染物排放量的影响的计量经济模型在统计上是可靠的。由此产生的模型可用于预测向空气中排放污染物的量,并为解决优化投资和环境政策的问题提供了机会。另一方面,对回收废物量的影响进行了计量模型分析,结果表明,回收废物量与资本投资量之间存在显著的直接关系(线性相关系数为- 0.595),只有35.44%的回收废物与资本投资量直接相关。检验统计显著性表明,影响废物处理量的模型不可靠。虽然所得模型不能用于预测,但可以用于进一步的研究,以确定影响废物处置的其他因素。
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引用次数: 0
Density, Cities and Air Pollution: A Global View 人口密度、城市和空气污染:全球视角
Pub Date : 2020-10-16 DOI: 10.2139/ssrn.3713325
David Castells‐Quintana, E. Dienesch, Melanie Krause
In this paper, we take a global view at air pollution looking at countries and cities worldwide. In doing so, we revisit the relationship between population density and air pollution, using i) a large panel of countries with data from 1960 to 2010, and ii) a unique and large sample of more than 1200 (big) cities around the world, combining pollution data with satellite data on built-up areas, population and light intensity at night at the grid-cell level for the last two decades. At the country level, we find that higher density in urban areas is associated with lower CO2 and PM2.5 emissions per capita. This result is supported at the city level; denser cities show lower emissions per capita. Our finding is robust to several controls and different estimation techniques and identification strategies. In our city level analysis, we also investigate the role of various characteristics of cities, in particular their average income, size and spatial structure (indicating within-city differences in density). We find evidence of an Environmental Kuznets Curve between economic development and pollution and that a polycentric city structure leads to lower pollution in the largest urban areas, while monocentricity seems beneficial for smaller cities.
在这篇论文中,我们从全球的角度来看待空气污染,看看世界各地的国家和城市。在此过程中,我们重新审视了人口密度与空气污染之间的关系,使用i)一个拥有1960年至2010年数据的大型国家面板,以及ii)全球1200多个(大城市)城市的独特大样本,将污染数据与过去20年建成区、人口和夜间光照强度的卫星数据结合起来。在国家层面上,我们发现城市地区的人口密度越高,人均二氧化碳和PM2.5排放量越低。这一结果在城市层面得到了支持;人口密集的城市人均排放量较低。我们的发现对几种控制和不同的估计技术和识别策略具有鲁棒性。在我们的城市层面分析中,我们还研究了城市的各种特征,特别是城市的平均收入、规模和空间结构(表明城市内部密度的差异)的作用。我们发现经济发展与污染之间存在环境库兹涅茨曲线,多中心城市结构在最大的城市地区导致较低的污染,而单中心城市似乎有利于较小的城市。
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引用次数: 1
Studying the Operational Efficiency of the Centrifugal-Impact Feed Grain Crusher of the New Design 研究了新设计的离心冲击式饲料粉碎机的工作效率
Pub Date : 2020-10-13 DOI: 10.15587/1729-4061.2020.212994
M. Volkhonov, A. Abalikhin, A. Krupin, I. Maximov
Crushing feed grain involves hammer crushers, which are characterized by high specific energy consumption and its uneven fractional composition. It is possible to obtain high-quality shredded grain with less energy when using a centrifugal-impact crusher of the new design with a hole in the loading neck to supply the chopping chamber with additional air at a rate of up to 4.8 m/s. An additional hole provides a 1.8...13-time increase in the airspeed through the unloading neck when the rotor’s rotation frequency changes from 3,750 to 2,250 min –1 , thereby enabling the timely evacuation of the shredded material from the crusher. The regression equations have been derived to determine the structural and regime parameters of the shredder, which ensure the maximal performance and minimal unit energy costs. The greatest impact on crusher productivity is exerted by the diameter of the sieve holes and the area of the bunker’s unloading window. The greatest effect on the specific energy intensity of the grinding process is exerted by the diameter of the sieve holes. The maximal performance of the crusher, 1,440 kg/h, and the minimal energy capacity, taking into consideration the achieved grinding degree, of 2.1 W∙s/(kg∙grinding degree unit), are observed when using a sieve with the holes’ diameter of 7 mm, the rotor’s rotation frequency of 3,500 min –1 , and the maximally open unloading window of the bunker, at F=1.458 m 2 ·10 –3 . The specific energy consumption for chopping barley is less by 1.22...1.89 times than that of the hammer crushers RVO 35, DB-5, KD-2A. The dust-like fraction is less than 5.74 %, which is half the amount of the hammer crusher DM-6. The rational crusher operation modes have been determined in order to prepare feed grain for feeding farm animals of different species and ages
粉碎饲料颗粒涉及锤式破碎机,其特点是比能耗高,其分级组成不均匀。使用新设计的离心冲击破碎机,在加载颈上有一个孔,以高达4.8米/秒的速度向切碎室提供额外的空气,可以以更少的能量获得高质量的粉碎颗粒。一个额外的孔提供1.8…当转子旋转频率由3750 min变为2250 min时,通过卸料颈的空速提高13倍-1,从而使粉碎物料及时从破碎机中排出。导出了以最小单位能耗和最大性能为目标的碎纸机结构参数和状态参数的回归方程。对破碎机生产率影响最大的是筛孔的直径和料仓卸料窗的面积。筛孔直径对磨矿过程的比能强度影响最大。当筛孔直径为7 mm,转子旋转频率为3500 min -1,料仓卸料窗最大开度F=1.458 m 2·10 -3时,考虑到粉碎度,破碎机的最大性能为1440 kg/h,最小能量容量为2.1 W∙s/(kg∙粉碎度单位)。与RVO 35、DB-5、KD-2A锤式破碎机相比,大麦粉碎比能耗降低了1.22 ~ 1.89倍。类尘率小于5.74%,为DM-6型锤式破碎机的一半。确定了合理的破碎机操作方式,为不同品种、不同年龄的家畜制备饲料
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引用次数: 1
Framework for Assessing the Governance Pillar of Agrarian Sustainability 评估农业可持续性治理支柱的框架
Pub Date : 2020-10-11 DOI: 10.2139/ssrn.3709500
Hrabrin Bachev Храбрин Башев, B. Ivanov, A. Sarov
In many other countries, there are no comprehensive systems for assessment of the governance sustainability of agriculture and its importance for the overall agrarian development. This study tries to fill the gap and suggests a holistic framework for understanding and assessing governance sustainability. The newly elaborated approach is “tested” in a large-scale study for assessing the governance sustainability of Bulgarian agriculture. The study has proved that it is important to include the “missing” Governance Pillar in the assessment of the Integral sustainability of agriculture and sustainability of agro-systems of various types. Assessment of the Governance sustainability of Bulgarian agriculture indicates that the Overall Governance Sustainability is at a “Good” but close to the “Satisfactory” level. There is considerable differentiation in the level of Integral Governance sustainability of different agro-systems in the country. Results on the integral agrarian sustainability assessment based on micro (farm) and macro (statistical, etc.) data show some discrepancies which have to be taken into consideration, while assessment indicators, methods and data sources improved.
在许多其他国家,没有评估农业管理的可持续性及其对全面农业发展的重要性的综合系统。本研究试图填补这一空白,并提出了一个理解和评估治理可持续性的整体框架。在一项评估保加利亚农业治理可持续性的大规模研究中,对新制定的方法进行了“测试”。研究证明,在评估农业整体可持续性和各类农业系统可持续性时,将“缺失”的治理支柱纳入评估是很重要的。对保加利亚农业治理可持续性的评估表明,总体治理可持续性处于“良好”水平,但接近“满意”水平。该国不同农业系统的综合治理可持续性水平存在相当大的差异。基于微观(农场)数据和宏观(统计等)数据的农业可持续性综合评价结果存在差异,需要加以考虑,评价指标、方法和数据来源有待改进。
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引用次数: 1
期刊
Econometric Modeling: Agriculture
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