An economy of scale is a microeconomic term that refers to factors that drive production costs down while increasing the volume of output. Find out the difference between internal and external ...

Professor Sam Fankhauser, a climate change economics expert, highlights the economic benefits of transitioning to renewable ...

About 30 years ago, I recall an initiative by the private sector to study the potential of real property taxes and how an overhaul of the present system of valuing and taxing land nationally and ...

Browse Externalities news, research and analysis from The Conversation ...

This study finds that OPEC’s market power has unintentionally reduced global carbon emissions by limiting oil production, offsetting some climate damage despite the economic inefficiencies associated ...

We study the direct and indirect effects of randomized entry. In partnership with the two largest service providers in Ghana, we implement a three-step design that randomizes the entry of new ...

The President of the Philippines has issued an executive order terminating all offshore gaming operations in the country, ...

This is the first tool to calculate clothing's "true cost," using a scientific model to measure a garment's environmental and ...

Market power reduces equilibrium quantities and distorts production, typically causing welfare losses. However, as Buchanan (1969) noted, market power may mitigate overproduction from negative ...

The nature of the EU's Corporate Sustainability Reporting Directive is a result of its role in the EU Green Deal and EU ...

Those who said they are Republicans were less likely (37%) to report that their mental health is vulnerable to a loss by their preferred candidate: of the 142 surveyed who said they are Republicans, 6 ...

Treating people in low-income countries for major depressive disorder can also help improve their physical health and household members' wellbeing, demonstrating that mental health treatments can be ...