The endogeneity of equilibrium strategies makes modelling uncertainty about the behaviour of other economic players difficult. Recent developments in decision and game theory offer an opportunity to include strategic uncertainty as an explanatory variable in economic analysis. This paper...

The effects of removing the German coal subsidy and of introducing a carbon tax are explored using a single country, static computable general equilibrium model.

Japan has maintained tight control over its oil market with the result that Japanese consumers face higher net-of-tax oil product prices than other OECD consumers. However, in April 1996, the market will be deregulated. We explore, through simulation, the welfare effect of deregulation, taking...

This paper assesses the strength of the Environmental Kuznets Curve (EKC) which posits an inverted-U relationship between per capita income and pollution, in the light of a number of recent criticisms.

This paper examines the impact on air pollution of changes in the composition of manufacturing output in developed and developing countries.

The policy of allowing households to choose whether to have their water consumption metered is investigated . A simple model is constructed, in terms of which it is shown that such a policy is optimal within an appropriate range of parameter values for the demand and supply of water.

China's rapid growth in recent years has been matched by large increases in exports and foreign direct investment (FDI). However, within China considerable regional disparities in FDI flows exist. In this paper we use detailed province level data for China to examine the determinants of...

In this paper we investigate the relationship between economic growth and industrial pollution emissions in China using data for 112 major cities between 2001 and 2004. Using disaggregated data we separate FDI inflows from Hong Kong, Macao and Taiwan from those of other foreign economies. We...

This paper evaluates the impact of intermittent wind generation on hourly equilibrium prices and output, using data on expected wind generation capacity and demand for 2020. Hourly wind data for the period 1994-2005 are used to obtain wind output generation profiles for thirty regions (onshore...

This paper presents an overview of the main issues associated with the economics of offshore wind. Investment in offshore wind systems has been growing rapidly throughout Europe, and the technology will be essential in meeting EU targets for renewable energy in 2020. Offshore wind suffers from...