Augustin Sersiron, Jézabel Couppey Soubeyran, Thomas Lagoarde-Ségot
This paper explores the potential contribution of Sustainability-linked Money Creation (SMC) to sustainable economic policies. Our simulations suggest that, in comparison to a baseline scenario, SMC issues could potentially constitute an anti-inflationary, counter-cyclical green transition policy, that increases biomimetic resilience and contains income and wealth inequalities. We finally discuss the policy implications, as well...
This paper advances the issue about the richest people contributing disproportionately to the increase in CO2 emissions, and thus to global warming by providing robust econometric validity. The method aims at. examining the effect of wealth accumulation on carbon emissions. Our regression estimates support the hypothesis that wealth concentration significantly increases carbon...
Thomas Lagoarde-Ségot, Gaëtan Le Quang , Laurence Scialom,
This paper explores the contribution of ecosystemic macroprudential regulations to the sustainable development goals in an ecological PK-SFC framework. The results highlight the importance of a paradigm shift in prudential regulation in the fight against climate change.
We analyze the impact of agricultural productivity growth on tropical deforestation. Our dynamic model of forest-to-farmland, addressing the Jevons’ paradox and Borlaug hypothesis, predicts that rising agricultural productivity, reflected by declining fertilizer price growth, has an ambiguous effect on deforestation. Using tropical forest loss data (2000-2022) and fertilizer price variations, we find a negative...
We analyze the effects of power constraints on manufacturing firms’ TFPR. Statistically, the power constraints treatment variable is not random for the firms. Power constraints negatively and significantly affect firm-level TFPR. Average productivity 11% lower for exposed firms compared to unexposed firms. The acquisition of backup generators or investment in R&D mitigates this...
This paper investigates the impact of electrification on household practices related to deforestation in Côte d’Ivoire, specifically focusing on the expansion of arable farms and the use of biomass fuels.
Looking at the relationship between electrification and the expansion of arable farms inspired by Angelsen and studying data from the latest four waves of the household Living Standards...
Alors que notre époque est marquée par l’urgence climatique, la transition écologique peine à s’enclencher. L’ouvrage plaide pour concerter la transition écologique et engager l'ensemble de la société dans la construction d’un avenir commun. Semblable à un processus constituant, ce changement d’approche vise à construire un nouveau contrat écologique, un compromis de société qui décloisonne les questions...
This article reviews the epistemological debates about functionalism in ecology. While identifying current area of scientific validity, t emphasizes, in particular, that functionalism depends on the system examined and remains inapplicable wherever singularity prevails.
How the increased trade openness and correspondingly higher marginal propensity to import explains the lower efficiency of economic policy in the context of economic openness. Using an empirical stock-flow consistent model for the French economy (SFC FR), we analyze the macroeconomic impacts of these policies through a series of macroeconomic shocks.
