In the decentralization of forest management, the state devolves forestland use right to communities. What if the state devolves the right directly to individual households, not to communities? Does…

This paper investigates the uncertainty-dependent and sign-dependent effects of the oil market fundamental shocks, namely supply, aggregate demand and oil-specific demand shocks. We do so by first…

Recent events around the world have revealed varying degrees of public support for climate change and environmental regulation. Applying a latent class logit model, this study investigates Norwegian…

Do institutional and geographical characteristics matter for energy consumption similar to the case of economic development? Why do coastal Sub-Saharan African (SSA) countries appear to be more energy…

Do institutional and geographical characteristics matter for energy consumption similar to the case of economic development? Why do coastal Sub-Saharan African (SSA) countries appear to be more energy…

The relationship between private property rights and economic development has been investigated by numerous cross-country studies. Nevertheless, aggregate measures of private property rights have…

We investigate the relationship between China's macroeconomic performance and the world oil market over the past two decades. Unlike existing studies, we allow for possible regime changes by utilizing…

The high seas are known to provide a variety of ecosystem services that are of benefit to society. There have however been few attempts to quantify the welfare impacts of changes to the delivery of…

Purpose This paper aims to explore the external spillover effects of landmarks and buildings with historic preservation designation in Vietnam, a country marked with a unique property right regime and…

The shrimp industry plays a leading role in aquaculture development in Vietnam. Currently, the government is running a credit subsidy program to support farmers investing in improved production…