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Pricing Pollution

Mideksa, Torben K. - 2020

its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non …

Persistent link: https://www.econbiz.de/10012834363

Reversible Environmental Catastrophes with Disconnected Generations

Heijdra, Ben J. - 2019

We study environmental policy in an economy-ecology model featuring multiple deterministic stable steady-state ecological equilibria. The economy-ecology does not settle in either of the deterministic steady states as the environmental system is hit by random shocks. Individual live for two...

Persistent link: https://www.econbiz.de/10012892273

City Size, Pollution and Emission Policies

Pflüger, Michael - 2020

modelling of pollution and pollution abatement. We derive two key insights. First, if the national government implements a … permit system (equivalently, pollution taxes) that allow for emissions as in the first-best, cities chosen by local …-best emission policy and extensions to city asymmetries, a fiscal externality, local pollution, generalized commuting costs and …

Persistent link: https://www.econbiz.de/10012827112

Inequality and the Environment : The Economics of a Two-Headed Hydra

Drupp, Moritz A.; Kornek, Ulrike; Meya, Jasper; Sager, Lutz - 2021

Preserving environmental quality and addressing economic inequality both feature prominently in public discourse. Neither of these two issues can be fully understood in isolation, and policies aiming at one issue will increasingly have to consider interactions with the other. We synthesize...

Persistent link: https://www.econbiz.de/10013312074

Climate Damages in Convergence-Consistent Growth Projections

Harding, Anthony; Moreno-Cruz, Juan; Quaas, Martin F.; … - 2023

Projections of climate change damages based on climate-econometric estimates suggest that, without mitigation, global warming could reduce average global incomes by over 20% towards the end of the century (Burke et al., 2015). This figure significantly surpasses climate damages in Integrated...

Persistent link: https://www.econbiz.de/10014347833

Characterizing Sustainability in Discrete Time

Asheim, Geir B. - 2018

We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...

Persistent link: https://www.econbiz.de/10012908689

Aligning Profit Taxation with Value Creation

Richter, Wolfram F. - 2019

The OECD seeks to align transfer pricing and profit taxation with value creation but fails to provide a clear definition. This paper argues that value creation requires international cooperation and that the profit tax base should therefore be allocated according to standards commonly considered...

Persistent link: https://www.econbiz.de/10012872065

Growth and Long-Run Sustainability

Cairns, Robert D. - 2019

From any state of economic and environmental assets, the maximin value defines the highest level of utility that can be sustained forever. Along any development path, the maximin value evolves over time according to investment decisions. If the current level of utility is lower than this value,...

Persistent link: https://www.econbiz.de/10012861429