Showing 1 - 10 of 1,668
Persistent link: https://www.econbiz.de/10010394628
Persistent link: https://www.econbiz.de/10003990563
"This essay revisits the question of instrument choice for the regulation of externalities in the context of climate change. The central point is that the Pigouvian prescription to equate marginal control costs with the expected marginal benefits of damage reduction should guide the design of...
Persistent link: https://www.econbiz.de/10008647539
"This paper develops a simple model of a polluting industry and an innovating firm. The polluting industry is faced with regulation and costly abatement. Regulation may be taxes or marketable permits. The innovating firm invests in R&D and develops technologies which reduce the cost of pollution...
Persistent link: https://www.econbiz.de/10008656708
Persistent link: https://www.econbiz.de/10009722787
Persistent link: https://www.econbiz.de/10010495495
Persistent link: https://www.econbiz.de/10010412426
"While prior literature has identified various effects of environmental policy, this note uses the example of a proposed carbon permit system to illustrate and discuss six different types of distributional effects: (1) higher prices of carbon-intensive products, (2) changes in relative returns...
Persistent link: https://www.econbiz.de/10008824108
Persistent link: https://www.econbiz.de/10010468752
Persistent link: https://www.econbiz.de/10003984375