Showing 1 - 10 of 617
Recent efforts to endogenize technological change in climate policy models demonstrate the importance of accounting for the opportunity cost of climate R&D investments. Because the social returns to R&D investments are typically higher than the social returns to other types of investment, any...
Persistent link: https://www.econbiz.de/10012463226
Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...
Persistent link: https://www.econbiz.de/10012463815
Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...
Persistent link: https://www.econbiz.de/10012465601
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
Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and … infant mortality from a developing country, the paper examines the effectiveness of India's environmental regulations. The … air pollution regulations were effective at reducing ambient concentrations of particulate matter, sulfur dioxide, and …
Persistent link: https://www.econbiz.de/10012461447
We study exposure to pollution information and investment portfolio allocations, exploiting the rollout of air quality … monitoring stations in India. Using a triple-differences framework, we show that retail investors' investments in "brown" stocks … are negatively related to local air pollution after a monitoring station appears nearby, with particularly pronounced …
Persistent link: https://www.econbiz.de/10014421239
complementarity. This amplification enables our model to nearly fully account for the income gap between India and the US without …
Persistent link: https://www.econbiz.de/10012496114
We explore the economic effects of biodiversity loss by developing an ecologically-founded model that captures how different species interact to deliver the ecosystem services that complement other factors of economic production. Aggregate ecosystem services are produced by combining several...
Persistent link: https://www.econbiz.de/10014635641
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