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The relationship between economic growth and the environment is not well understood: we have only limited understanding of the basic science involved and very limited data. Because of these difficulties it is especially important to develop a series of relatively simple theoretical models that...
Persistent link: https://www.econbiz.de/10012469101
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
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
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
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
This paper discusses the environmental externalities that are commonly found in the developing world (the environmental regime) along with the policy responses, if any, commonly used to deal with these. Included are the effects of industrial emissions, air and water quality impacts of untreated...
Persistent link: https://www.econbiz.de/10012471479
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
, and reduced corporate pollution among firms that (a) release the specific chemicals covered by Apex and (b) are close to … suggest that creditors rapidly responded to Apex and successfully induced firms to reduce pollution …
Persistent link: https://www.econbiz.de/10012938709
builds a framework to detect whether local governments skip air pollution monitoring when they expect air quality to … deteriorate. We infer this expectation from air quality alerts - public advisories based on local governments' own pollution … individual pollution monitor in Jersey City, NJ, suspected of a deliberate shutdown during the 2013 "Bridgegate" traffic jam …
Persistent link: https://www.econbiz.de/10012510614
those plants, relative to areas slightly farther away. The case provides a salient example of a pollution-haven effect …
Persistent link: https://www.econbiz.de/10012616594