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processes. Pollution modelling must be of a multi-output nature. The most flexible transformation function in outputs and inputs … used in textbooks is too general to make sense in pollution modelling. Specifying bads as if they are inputs, although …
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there is no perfectly clean technology that eventually solves the pollution problem once and for all. New technologies have … stings attached, i.e. each emits a specific stock pollutant. Damages are convex in individual pollution stocks but additive … across stocks, creating gains from diversification. The research and pollution policies are tightly linked in such a setting …
Persistent link: https://www.econbiz.de/10003592656
the new technology may turn out to generate a new pollution problem. R&D may therefore be optimally undertaken more than … the optimal pollution and R&D policies. The optimal R&D program is strictly sequential and has an endogenous stopping …
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taxation ; stock pollution ; resource extraction …
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This paper studies Krugman's (1991) core-periphery model and extends it to include environmental pollution. We present … local environmental pollution, a third and more realistic type of equilibrium may occur in which most of the manufacturing …
Persistent link: https://www.econbiz.de/10003246566
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with pollution. The way this joint production is modelled is therefore of crucial importance for our understanding and …
Persistent link: https://www.econbiz.de/10012119664