Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms and consumers take both damages and prices as given. Demand, supply, profit and...

Price elasticities of transport demand are an important tool toassess the impacts of pricing policies. Empirical research on these elasticitiesleads to a rather wide range of outcomes. There is obviously a need for a morerigorous methodological framework. This paper provides a new...

After the Kyoto agreements the need has arisen to trace the implications ofvarious international environmentalstrategies. In this paper, we discuss relevant modelling issues ofincorporating important environmental policy measures in one ofthe popular applied general equilibrium models for...