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Environmental Impacts of Foreign Direct Investment in Mining Sector in India 印度矿业外商直接投资对环境的影响
Pub Date : 2014-03-01 DOI: 10.6084/M9.FIGSHARE.1039321.V1
N. Arora
Foreign Direct Investment has gained huge importance in developing countries in past few decades. The positive benefits of FDI to the receiving host country include capital, skill and technology transfer, market access and export promotion (Acharyya, 2009). However, it also brings along with it negative cost for the host country. Mining sector in India is growing at a fast pace and is a sector crucial for India’s economic growth. The result is that the present day society, especially in emerging economies like India and China is crucially dependent on the minerals industry for sustained economic progress that will alleviate poverty and improve the quality of life. (Sustainable Development Emerging Issues in India’s Mineral Sector, 2012). The present study tries to evaluate the environmental impacts of foreign direct investment in mining sector in India using the secondary data.
在过去的几十年里,外国直接投资在发展中国家变得非常重要。外国直接投资对接收东道国的积极效益包括资本、技能和技术转让、市场准入和出口促进(Acharyya, 2009)。然而,它也给东道国带来了负成本。印度的采矿业正在快速发展,是印度经济增长的关键部门。其结果是,当今社会,尤其是像印度和中国这样的新兴经济体,严重依赖矿产行业来实现持续的经济发展,从而减轻贫困,提高生活质量。(《印度矿产部门的可持续发展新问题》,2012)。本研究试图利用二手数据评价印度矿业部门外国直接投资的环境影响。
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引用次数: 0
The Rise of Iskandar Malaysia: Implications for Singapore's Marine and Coastal Environment 马来西亚依斯干达的崛起:对新加坡海洋和海岸环境的影响
Pub Date : 2014-02-06 DOI: 10.2139/SSRN.2392135
P. Hangzo, A. Cook
Iskandar Malaysia, a major economic zone in the southern part of Malaysia, is experiencing meteoric growth. Given that the zone lies along the Straits of Johor, how will the increasing industrialisation and urbanisation seen in the area affect the marine and coastal environment? Also, what are the implications of this growth for Singapore, whose northern coast lies on the other side of the Straits? This NTS Insight investigates these questions and suggests ways to mitigate the potential impacts of developments in Iskandar Malaysia on Singapore’s marine and coastal environment.
马来西亚依斯干达是马来西亚南部的一个主要经济区,正在经历着飞速的发展。鉴于该区域位于柔佛海峡沿岸,该地区日益增长的工业化和城市化将如何影响海洋和沿海环境?此外,这种增长对北海岸位于海峡对岸的新加坡意味着什么?这篇NTS Insight调查了这些问题,并提出了减轻马来西亚依斯干达发展对新加坡海洋和沿海环境潜在影响的方法。
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引用次数: 3
Optimal Forest Management When Logging Damages and Costs Differ between Logging Practices 不同采伐方式造成的损失和成本不同时的最佳森林管理
Pub Date : 2014-01-31 DOI: 10.2139/ssrn.2398267
Y. Indrajaya, E. van der Werf, E. V. van Ierland, F. Mohren
Papers on optimal harvesting regimes for maximizing land expectation value (LEV) that compare different logging practices often ignore differences in variable costs and in damages on the residual stand between logging practices. We use data on a multi-age, multi-species forest in East-Kalimantan to study optimal harvest regimes for Conventional Logging (CL) and for Reduced Impact Logging (RIL). We simulate a range of carbon prices with compensation for additional carbon stored under sustainable forest management (RIL). According to our detailed data, RIL has higher fixed costs but lower variable costs than CL, and leads to less damages on the residual stand. We show that when these differences are taken into account, RIL leads to highest LEV for low to intermediate carbon prices, while for high carbon prices conventional logging is preferred. Conventional logging, however, does not qualify for carbon payments. Furthermore, we show that ignoring damages in the model leads to vast overestimations of LEV and large underestimations of optimal cutting cycles for all carbon prices, and to a different choice of logging practice for low and high carbon prices. Ignoring differences in variable costs between CL and RIL leads to small overestimations of LEV for low carbon prices and small underestimations of LEV for high carbon prices, with small to zero differences in optimal cutting cycles.
关于最大化土地期望价值(LEV)的最佳采伐制度的论文比较了不同的采伐方式,往往忽略了不同采伐方式在可变成本和剩余林分损害方面的差异。我们使用东加里曼丹多年龄、多物种森林的数据来研究传统伐木(CL)和减少影响伐木(RIL)的最佳采伐制度。我们模拟了一系列碳价格,并对可持续森林管理(RIL)下储存的额外碳进行了补偿。根据我们的详细数据,RIL的固定成本比CL高,但变动成本比CL低,对剩余林分的损害更小。我们表明,当考虑到这些差异时,RIL导致低至中等碳价格的最高LEV,而对于高碳价格,传统伐木是首选。然而,传统的伐木不符合碳支付的条件。此外,我们表明,在模型中忽略损害会导致对所有碳价格的LEV的大量高估和对最佳砍伐周期的大量低估,并导致对低碳价格和高碳价格的伐木实践的不同选择。忽略CL和RIL之间可变成本的差异会导致低碳价格下LEV的小幅高估和高碳价格下LEV的小幅低估,在最优切割周期上差异很小甚至为零。
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引用次数: 2
Overfishing of Bluefin Tuna: Incentivizing Inclusive Solutions 过度捕捞蓝鳍金枪鱼:激励包容性解决方案
Pub Date : 2013-11-18 DOI: 10.2139/SSRN.2356566
Kristen E. Boon
This article explores the depletion of Bluefin Tuna from an international law perspective, in order to analyze how international organizations might better manage and redistribute scarce resources. It assesses regime interplay, linkages, and new developments in the law of international organizations, to argue that coastal nations and distant water fishing nations should be strategically linking issues to reduce overfishing, and moreover, that Regional Fisheries Management Organizations should (and in some cases must, as a matter of law) improve their internal governance. The article argues that financial incentives to encourage a lower catch will ultimately lead to a more equitable and efficient system.
本文从国际法的角度探讨了蓝鳍金枪鱼的枯竭,以分析国际组织如何更好地管理和重新分配稀缺资源。它评估了制度的相互作用、联系和国际组织法律的新发展,认为沿海国家和远洋捕鱼国家应该在战略上联系起来,以减少过度捕捞,此外,区域渔业管理组织应该(在某些情况下必须,作为法律问题)改善其内部治理。这篇文章认为,鼓励减少捕捞量的财政激励措施最终将导致一个更公平、更有效的系统。
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引用次数: 2
Wood Bioenergy and Land Use: A Challenge to the Searchinger Hypothesis 木材、生物能源和土地利用:对探索者假说的挑战
Pub Date : 2013-11-05 DOI: 10.2139/ssrn.2352480
R. Sedjo, B. Sohngen, A. Riddle
A concern of many environmentalists is that the use of biomass energy will decimate the forests. Searchinger et al. (2008, 2009) examined this issue related to corn ethanol and suggested that substituting corn ethanol for petroleum would increase carbon emissions associated with the land conversion abroad necessary to offset the decline in corn availability. Associated with these concerns is the overall issue of climate change (IPCC 2006). This issue is broader than simply corn. If agricultural croplands are drawn into the production of biofuel feedstocks, commodity prices are expected to rise, triggering land conversions overseas, releasing carbon emissions, and offsetting the carbon reductions expected from bioenergy. Using a general stylized forest sector management model, our study examines the economic potential of traditional industrial forests and supplemental dedicated fuelwood plantations to produce biomass on submarginal lands. It finds that these sources can economically produce large levels of biomass without compromising crop production, thereby mitigating the land conversion and carbon emissions effects posited by the Searchinger Hypothesis.
许多环保人士担心,使用生物质能会破坏森林。Searchinger等人(2008,2009)研究了与玉米乙醇相关的这个问题,并建议用玉米乙醇代替石油会增加碳排放,这与国外土地转化有关,这是抵消玉米供应下降所必需的。与这些担忧相关的是气候变化的总体问题(IPCC 2006)。这个问题不仅仅是玉米问题。如果农田被用于生产生物燃料原料,预计大宗商品价格将上涨,引发海外土地转换,释放碳排放,抵消生物能源预期的碳减排。我们的研究使用一般的程式化森林部门管理模型,考察了传统工业林和补充专用薪材种植园在亚边缘土地上生产生物质的经济潜力。它发现,这些来源可以在不影响作物生产的情况下经济地产生大量生物量,从而减轻了Searchinger假说所假定的土地转化和碳排放效应。
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引用次数: 1
Quantitative Analysis of Compensatory Model: Effects of Influence of Shopping Mall on the City Structure 补偿模型的定量分析:购物中心对城市结构的影响
Pub Date : 2013-07-06 DOI: 10.2139/ssrn.2290560
Prathamesh Muzumdar
This research showcases multi attribute decision support methodology applied to analyze the impact of shopping malls on the city structure. Influence of shopping mall on the city is described as the sum of effects, which affects the quality of life, the neighborhood, the work of city transportation system and architectural and urban perception of the city. The influence of shopping mall is measured in the form of different attributes rated on a scale and then rating summation is carried using Compensatory model to evaluate each attribute with respect to belief and actual impact. The main attributes are distinguished to measure the influence of shopping malls on quality of life, the work of transportation system, the economics and the architectural & urban perception of the city. The weights of attributes are estimated from a data collected through surveys conducted through an online survey system. The initial rating for the attributes is done through surveys carried out among the experts in the city of Normal and Bloomington. Compensatory models/Multi attribute model is used to evaluate high preference attitude towards ranking the attributes as per the weights estimated through the model. A quantitative analysis using multiple regression analysis is carried out to check the viability of the results calculated through compensatory model. A multivariate correlation analysis is carried out to showcase the interrelation of the attributes and how the change in one attribute showcases a change or stability in another attribute. Overall the research estimates the effect of shopping mall on the city structure where the attributes are rated by the factor of belief and final outcome.
本研究运用多属性决策支持方法分析购物中心对城市结构的影响。购物中心对城市的影响被描述为影响的总和,它影响着城市的生活质量、邻里关系、城市交通系统的工作以及城市的建筑和城市感知。对购物中心的影响力进行测量,采用量表对不同的属性进行评分,然后利用补偿模型对每个属性的可信度和实际影响进行评分求和。通过区分主要属性来衡量购物中心对生活质量、交通系统工作、经济以及城市建筑和城市感知的影响。属性的权重是根据通过在线调查系统进行的调查收集的数据估计出来的。这些属性的初步评级是通过在诺格尔市和布卢明顿市的专家中进行的调查来完成的。补偿模型/多属性模型用于评估高偏好态度,根据通过模型估计的权重对属性进行排序。利用多元回归分析进行定量分析,检验补偿模型计算结果的可行性。执行多变量相关分析以显示属性之间的相互关系,以及一个属性的变化如何显示另一个属性的变化或稳定性。总体而言,研究估计了购物中心对城市结构的影响,其中属性由信念因素和最终结果来评级。
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引用次数: 2
Aspects of the Management of Ecological-Economic Systems with a Safe Minimum Standard 以安全最低标准管理生态经济系统的若干方面
Pub Date : 2013-05-08 DOI: 10.2139/ssrn.2262480
A. Batabyal
Unless there is managerial intervention, the ability of an ecological-economic system to provide humans with key services will decline probabilistically. We model such an ecological-economic system with a Brownian motion process with negative drift. The manager’s goal is to prevent this system’s ability to provide key services from declining to a level below the so called safe minimum standard (SMS). We model this goal rigorously and then, on the assumption that the goal is met, we characterize the steady state probability distribution function of the ecological-economic system under study.
除非有管理干预,否则生态经济系统为人类提供关键服务的能力很可能会下降。我们用负漂移的布朗运动过程来模拟这样一个生态经济系统。管理者的目标是防止系统提供关键服务的能力下降到低于所谓的安全最低标准(SMS)的水平。我们对这一目标进行了严格的建模,然后在目标满足的假设下,对所研究的生态经济系统的稳态概率分布函数进行了表征。
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引用次数: 0
The Role of Natural Gas in a Low-Carbon Europe: Infrastructure and Regional Supply Security in the Global Gas Model 天然气在低碳欧洲中的作用:全球天然气模型中的基础设施和区域供应安全
Pub Date : 2013-03-01 DOI: 10.2139/ssrn.2239652
F. Holz, Philipp M. Richter, Ruud Egging
In this paper, we use the Global Gas Model to analyze the perspectives and infrastructure needs of the European natural gas market until 2050. Three pathways of natural gas consumption in a future low-carbon energy system in Europe are envisaged: i) a decreasing natural gas consumption, along the results of the PRIMES model for the EMF decarbonization scenarios; ii) a moderate increase of natural gas consumption, along the lines of the IEA (2012) World Energy Outlook's New Policy Scenario; and iii) a temporary increase of natural gas use as a bridge technology, followed by a strong decrease after 2030. Our results show that import infrastructure and intra-European transit capacity currently in place or under construction are largely sufficient to accommodate the import needs of the EMF decarbonization scenarios, despite the reduction of domestic production and the increase of import dependency. However, due to strong demand in Asia which draws LNG and imports from Russia, Europe has to increasingly rely on pipeline exports from Africa and the Caspian region from where new pipelines are built. Moreover, pipeline investments open up new import and transit paths, including reverse flow capacity, which improves the diversification of supplies. In the high gas consumption scenario similar pipeline links are realized-though on a larger scale, doubling the costs of infrastructure expansion. In the bridge technology scenario, the utilization rates of (idle) LNG import capacity can be increased for the short period of temporary strong natural gas demand.
在本文中,我们使用全球天然气模型来分析欧洲天然气市场到2050年的前景和基础设施需求。展望了欧洲未来低碳能源系统中天然气消费的三种途径:1)减少天然气消费,根据EMF脱碳情景的PRIMES模型的结果;ii)按照国际能源署(IEA) 2012年《世界能源展望》的新政策设想,适度增加天然气消费;iii)天然气的使用暂时增加,作为过渡技术,随后在2030年之后大幅减少。我们的研究结果表明,尽管国内生产减少,进口依赖增加,但目前已有或正在建设的进口基础设施和欧洲内部过境能力在很大程度上足以满足EMF脱碳情景的进口需求。然而,由于亚洲对液化天然气的强劲需求和从俄罗斯进口的天然气,欧洲不得不越来越依赖非洲和里海地区的管道出口,这些地区正在建设新的管道。此外,管道投资开辟了新的进口和运输途径,包括逆向流动能力,从而改善了供应的多样化。在高天然气消耗的情况下,类似的管道连接也可以实现,尽管规模更大,但基础设施扩建的成本将增加一倍。在桥式技术情景下,(闲置)液化天然气进口能力的利用率可以在短期内暂时强劲的天然气需求中提高。
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引用次数: 29
An Integrated Assessment Model with Endogenous Growth 考虑内生增长的综合评价模型
Pub Date : 2012-11-01 DOI: 10.2139/ssrn.2141927
Michael Hübler, Lavinia Baumstark, Marian Leimbach, O. Edenhofer, N. Bauer
We introduce endogenous directed technical change into numerical integrated climate and development policy assessment. We distinguish expenditures on innovation (R&D) and imitation (international technology spillovers) and consider the role of capital investment in creating and implementing new technologies. Our main contribution is to calibrate and numerically solve the model and to examine the model's sensitivity. As an application, we assess a carbon budget-based climate policy and vary the beginning of energy-saving technology transfer. Accordingly, China is a main beneficiary of early technology transfer. Herein, our results highlight the importance of timely international technology transfer for efficiently meeting global emission targets. Most of the consumption gains from endogenous growth are captured in the baseline. Moreover, mitigation costs turn out to be insensitive to changes in most of the parameters of endogenous growth. A higher effectivity of energy-specific relative to labor-specific expenditures on innovation and imitation reduces mitigation costs, though.
我们将内源性定向技术变革引入气候与发展政策综合数值评估。我们区分了创新(研发)支出和模仿(国际技术溢出)支出,并考虑了资本投资在创造和实施新技术中的作用。我们的主要贡献是校准和数值求解模型,并检查模型的灵敏度。作为一项应用,我们评估了基于碳预算的气候政策,并改变了节能技术转让的开始。因此,中国是早期技术转让的主要受益者。在此,我们的研究结果强调了及时的国际技术转让对于有效实现全球排放目标的重要性。来自内生增长的大部分消费收益都包含在基线中。此外,减缓成本对大多数内生增长参数的变化不敏感。然而,相对于用于创新和模仿的特定能源支出而言,更高的效率降低了缓解成本。
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引用次数: 45
Minimal Variance Hedging of Natural Gas Derivatives in Exponential Levy Models: Theory and Empirical Performance 指数列维模型中天然气衍生品的最小方差套期保值:理论与实证表现
Pub Date : 2012-09-12 DOI: 10.2139/ssrn.2145306
C. Ewald, Roy Nawar, T. Siu
We consider the problem of hedging European options written on natural gas futures, in a market where prices of traded assets exhibit jumps, by trading in the underlying asset. We provide a general expression for the hedging strategy which minimizes the variance of the terminal hedging error, in terms of stochastic integral representations of the payoffs of the options involved. This formula is then applied to compute hedge ratios for common options in various models with jumps, leading to easily computable expressions. As a benchmark we take the standard Black-Scholes-Merton delta hedges. We show that in natural gas option markets minimal variance hedging with underlying consistently outperform the benchmarks by quite a margin.
我们考虑了在一个交易资产价格大幅上涨的市场中,通过交易标的资产来对冲以天然气期货为标的的欧洲期权的问题。我们提供了一个套期保值策略的一般表达式,它使终端套期保值误差的方差最小化,根据所涉及的期权的收益的随机积分表示。然后将该公式应用于计算各种跳跃模型中常见期权的套期保值比率,从而得到易于计算的表达式。作为基准,我们采用标准的布莱克-斯科尔斯-默顿三角对冲。我们表明,在天然气期权市场中,基于标的的最小方差套期保值的表现始终优于基准。
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引用次数: 0
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