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Whalley, John - 1996

This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the upcoming ministerial meeting in Singapore this December. It makes a number of points. Progress within the GATT/WTO on this issue looks likely to be slow and painfully...

Persistent link: https://www.econbiz.de/10012473066

Sustainable Growth and the Green Golden Rule

Beltratti, Andrea - 1993

We study a growth model with an environmental asset which is a source of utility and an input to consumption and production. The stock of this asset follows its own ecological dynamics, which are affected by economic activity. We study the implications of an approach to ranking sequences of...

Persistent link: https://www.econbiz.de/10012474520

Tax and Subsidy Combinations for the Control of Car Pollution

Fullerton, Don - 2000

Despite technological advances, an individual car's emissions still cannot be measured reliably enough to impose a Pigovian tax. This paper explores alternative market incentives that could be used instead. We solve for second-best combinations of uniform taxes on gasoline, engine size, and...

Persistent link: https://www.econbiz.de/10012470976

Controlling Stocks and Flows to Promote Quality : The Environment, With Applications to Physical and Human Capital

Keohane, Nathaniel O. - 2000

Our analysis melds two traditional approaches to promoting quality. The first is restoring the stock of quality. The second is curbing its flow of deterioration. Although both approaches are widely used in real world settings, analytic models have tended to focus on one strategy or the other. We...

Persistent link: https://www.econbiz.de/10012471023

The Effects of Environmental Policy on the Performance of Environmental RIVs

Katsoulacos, Yannis - 1999

pollution are low. In this case RJVs fully share information and internalize the associated externality. However when the level …

Persistent link: https://www.econbiz.de/10012471483

Do Pollution Markets Harm Low Income and Minority Communities? Ranking Emissions Distributions Generated by California's RECLAIM Program

Mansur, Erin T. - 2019

We compare the spatial distribution of emissions from Southern California's pollution-trading program with that of a …

Persistent link: https://www.econbiz.de/10012479617

Output and Attribute-Based Carbon Regulation Under Uncertainty

Kellogg, Ryan - 2019

Output-based carbon regulations--such as fuel economy standards and the rate-based standards in the Clean Power Plan--create well-known incentives to inefficiently increase output. Similar distortions are created by attribute-based regulations. This paper demonstrates that, despite these...

Persistent link: https://www.econbiz.de/10012480118

Do Environmental Markets Cause Environmental Injustice? Evidence from California’s Carbon Market

Hernandez-Cortes, Danae - 2020

growing distributional concern that market forces could increase the pollution exposure gap between disadvantaged and other … communities by spatially reallocating pollution. We estimate how this "environmental justice gap" changed following the 2013 … critiques. Embedding a pollution transport model within a program evaluation framework, we find that while the EJ gap was …

Persistent link: https://www.econbiz.de/10012481788

Regulation Versus Taxation

Alesina, Alberto F. - 2010

We study which policy tool and at what level a majority chooses in order to reduce activities with negative externalities. We consider three instruments: a rule, that sets an upper limit to the activity which produces the negative externality, a quota that forces a proportional reduction of the...

Persistent link: https://www.econbiz.de/10012462243

Regulatory Choice with Pollution and Innovation

Kolstad, Charles D. - 2010

technologies which reduce the cost of pollution abatement. The innovating firm can patent this innovation and use a licensing fee … a pollution tax or a marketable permit. However, the returns to the innovator from innovation are not the same under the …

Persistent link: https://www.econbiz.de/10012462354