Showing 1 - 10 of 45
We offer a framework to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming budget period, the...
Persistent link: https://www.econbiz.de/10009320996
, cost effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance …
Persistent link: https://www.econbiz.de/10005423122
This paper develops a formal model of exchange network stability that combines expected value theory (Friedkin 1995) with the economic literature on network dynamics. We identify stable networks up to size 8 for varying costs and investigate whether they are Pareto efficient and egalitarian....
Persistent link: https://www.econbiz.de/10005230832
development. Equity-weighted estimates of the (marginal) impact of greenhouse gas emissions reflect these differences. Equity …-weighted estimates of the marginal damage cost of carbon dioxide emissions are substantially higher than estimates without equity …-weights; equity-weights may also change the sign of the social cost estimates. Equity weights need to be normalised. Our estimates …
Persistent link: https://www.econbiz.de/10005230866
the equity effects of the policy reforms. The second contribution is related to the way in which the externalities are …
Persistent link: https://www.econbiz.de/10005385363
efficiency of two main civil liability regimes usually enforced to protect the environment: the strict liability regime and the …
Persistent link: https://www.econbiz.de/10009002682
This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...
Persistent link: https://www.econbiz.de/10009002687
This paper studies the delegation of activities that pose serious risks to health and the environment in an economy …
Persistent link: https://www.econbiz.de/10008642143
This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses "dirty" machines and thus creates environmental degradation. Research can be directed...
Persistent link: https://www.econbiz.de/10008642151
This article studies how demography affects the outcome of the environmental policy in a macro-economic perspective, incorporating age-earning profiles in an OLG model à la Blanchard (1985) to capture the age structure effect of the demographic shocks. It first demonstrates, conversely to...
Persistent link: https://www.econbiz.de/10005012136