Showing 1 - 10 of 2,711
A two-region model is presented in which an imperfectly competitive firm produces a good with increasing returns at the plant level, and in which shipping costs exist between the two markets. Production of the good causes local pollution, and regional governments can levy pollution taxes or...
Persistent link: https://www.econbiz.de/10012474928
This paper explores the empirical effects of decentralization on environmental quality by studying water pollution in … rivers around the world. It examines the level of pollution and variation in pollution across jurisdictions within a country …, supporting the traditional view that decentralization allows policies more tailored to local conditions. However, the analysis …
Persistent link: https://www.econbiz.de/10012465556
Persistent link: https://www.econbiz.de/10001481180
Persistent link: https://www.econbiz.de/10012471119
This paper considers the question of under what circumstances a new environmental regulation should "phase in" gradually over time, rather than being immediately implemented at full force. The paper focuses particularly on climate policy, though its insights are more general. It shows that while...
Persistent link: https://www.econbiz.de/10012462536
We examine an implication of the "Coase Theorem" which has had an important impact both on environmental economics and on public policy in the environmental domain. Under certain conditions, the market equilibrium in a cap-and-trade system will be cost-effective and independent of the initial...
Persistent link: https://www.econbiz.de/10012462798
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem functioning, biodiversity, capital productivity, and human health. This paper briefly surveys recent research on the economics of climate change, including theoretical insights...
Persistent link: https://www.econbiz.de/10012466748
considerations regarding its actual use throughout the world. While the tax-subsidy combination is increasingly being used, in the …
Persistent link: https://www.econbiz.de/10012472825
There has been keen interest in recent years in environmentally motivated or 'green' tax reforms. This paper employs analytical and numerical general equilibrium models to investigate the costs of such reforms, concentrating on the question of whether these costs can be eliminated when revenues...
Persistent link: https://www.econbiz.de/10012473769
Do US air pollution offset markets disproportionately relocate pollution to or from low-income or minority communities? Concerns about an equal distribution of environmental quality across communities--environmental justice--have growing policy influence. We relate prices and quantities of...
Persistent link: https://www.econbiz.de/10012482607