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Existing literature ignores adaptation responses to external effects which, in turn, affect the design of appropriate internalization instruments. We use general equilibrium numerical simulation models based on OECD and UK data to analyze the significance of these responses to congestion...
Persistent link: https://www.econbiz.de/10001699587
We explore the links between migration of labour and location specific (urban) pollution, suggesting a sense in which … pollution can be welfare improving. In a conventional Harris-Todaro model of urban-rural migration, individuals migrate so as to … endogenously determined. Interpreting unemployment as damage, urban pollution (damage denoted in units of labour) can also support …
Persistent link: https://www.econbiz.de/10001762509