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Pollution and Labor Market Search Externalities Over the Business Cycle

Gibson, John - 2020

stochastic general equilibrium real business cycle model that includes both a pollution externality and congestion externalities …

Persistent link: https://www.econbiz.de/10012481640

Incidence and Environmental Effects of Distortionary Subsidies

Heutel, Garth - 2013

Government policies that are not intended to address environmental concerns can nonetheless distort prices and affect firms' emissions. We present an analytical general equilibrium model to study the effect of distortionary subsidies on factor prices and on environmental outcomes. We model an...

Persistent link: https://www.econbiz.de/10012459737

International Trade and the Environment : A Framework for Analysis

Copeland, Brian R. - 2001

Heckscher-Ohlin-Samuelson factor endowments model. We draw quite heavily from trade theory, but develop a simple pollution …This paper sets out a general equilibrium pollution and trade model to provide a framework for examination of the trade … and environment debate. The model contains as special cases a canonical pollution haven model as well as the standard …

Persistent link: https://www.econbiz.de/10012470178

Multiple Pollutants, Uncovered Sectors, and Suboptimal Environmental Policies

Fullerton, Don - 2014

In our analytical general equilibrium model where two polluting inputs can be substitutes or complements in production, we study the effects of a tax on one pollutant in two cases: one where both pollutants face taxes and the second where the other pollutant is subject to a permit policy. In...

Persistent link: https://www.econbiz.de/10012458333

Six Distributional Effects of Environmental Policy

Fullerton, Don - 2011

While prior literature has identified various effects of environmental policy, this note uses the example of a proposed carbon permit system to illustrate and discuss six different types of distributional effects: (1) higher prices of carbon-intensive products, (2) changes in relative returns to...

Persistent link: https://www.econbiz.de/10012461954

Limiting Emissions and Trade : Some Basic Ideas

Krishna, Kala - 2010

The computable general equilibrium models used in the literature tend to be a bit of a black box. This paper provides some intuition behind what goes on in these black boxes by laying out a simple general equilibrium model and intuitively explaining what lies behind the demand for emissions. It...

Persistent link: https://www.econbiz.de/10012462509

Valuing ecosystem services in general equilibrium

Carbone, Jared C. - 2010

. Demand for these goods shifts due to the introduction of pollution regulations that deliver improvements in ecosystem …

Persistent link: https://www.econbiz.de/10012462808

Cap and Trade Policies in the Presence of Monopoly and Distortionary Taxation

Fullerton, Don - 2002

We extend an analytical general equilibrium model of environmental policy with pre-existing labor tax distortions to include pre-existing monopoly power as well. We show that the existence of monopoly power has two offsetting effects on welfare. First, the environmental policy reduces monopoly...

Persistent link: https://www.econbiz.de/10012469813

Optimal Environmental Taxation in the Presence of Other Taxes : General Equilibrium Analyses

Bovenberg, A. Lans - 1994

This paper examines the optimal setting of environmental taxes in economies where other, distortionary taxes are present. We employ analytical and numerical models to explore the degree to which, in a second best economy, optimal environmental tax rates differ from the rates implied by the...

Persistent link: https://www.econbiz.de/10012474010

Efficiency Wages, Unemployment, and Environmental Policy

Heutel, Garth - 2020

We study the incidence of pollution taxes and their impact on unemployment in an analytical general equilibrium … efficiency wage model. We find closed-form solutions for the effect of a pollution tax on unemployment, factor prices, and output …

Persistent link: https://www.econbiz.de/10012482180