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that rationing binds on input use, such that farmers, despite trivial prices for water extraction, use roughly the socially … optimal amount of water on average. The rationing regime is still grossly inefficient, because it misallocates water across …
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The present publication contains the Guidelines for the Application of Environmental Indicators in Eastern Europe, Caucasus and Central Asia and the Guidelines for the Preparation of Indicator-based Environment Assessment Reports in Eastern Europe, Caucasus and Central Asia. These guidelines...
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Much of the potential impact of environmental policy is though to come from the incentives it gives firms to develop and introduce new environmental products and processes. Almost all the literature on this issue has focused on the impact of environmental policy on the amount environmental R&D...
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