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Potrafke, Niklas; Wuthrich, Kaspar - 2021

We examine how Green governments influence macroeconomic, education, and environmental outcomes. We exploit that the Fukushima nuclear disaster in Japan gave rise to an unanticipated change in government in the German state Baden-Wuerttemberg in 2011. Using the synthetic control method, we find...

Persistent link: https://www.econbiz.de/10013227483

Satisfaction with democracy and the environment in Western Europe : a panel analysis

Wagner, Alexander F.; Schneider, Friedrich G. - 2006

higher where (1) there exists an energy / CO2 tax, where (2) government expenditures on the environment are higher, where (3 …

Persistent link: https://www.econbiz.de/10010276565

Discounting in the Presence of Scarce Ecosystem Services

Zhu, Xueqin - 2019

Discounting has to take account of ecosystem services in consumption and production. Previous literature focuses on the first aspect and shows the importance of the relative price effect, for given growth rates of consumption and ecosystem services. This paper focuses on intermediate ecosystem...

Persistent link: https://www.econbiz.de/10012892067

The demands for environmental regulation and for trade in the presence of private mitigation

Hotte, Louis; Winer, Stanley L. - 2008

equilibrium of a small open economy where the environment is an input to production. Differences in the ability of individuals to … role in the determination of collective choices with respect to the regulation of the environment and of trade. We conclude … by drawing out the implications of the analysis for the study of the political economy of the environment …

Persistent link: https://www.econbiz.de/10010264525

Conservation by Lending

Harstad, Bård; Storesletten, Kjetil - 2023

This project analyzes how a principal can motivate an agent to conserve rather than exploit a depletable resource. This dynamic problem is relevant for tropical deforestation as well as for other environmental problems. It is shown that the smaller is the agent's discount factor (e.g., because...

Persistent link: https://www.econbiz.de/10014346959

Think Locally, Act Locally : Spillovers, Spillbacks, and Efficient Decentralized Policymaking

Ogawa, Hikaru; Wildasin, David E. - 2021

jurisdictions, as illustrated for instance by CO2 emissions that affect the global environment. Each jurisdiction's emissions depend …

Persistent link: https://www.econbiz.de/10013316740

Optimal monitoring to implement clean technologies when pollution is random

Macho-Stadler, Inés; Pérez-Castrillo, David - 2007

We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...

Persistent link: https://www.econbiz.de/10010264107

The environmental and macroeconomic effects of socially responsible investment

Dam, Lammertjan; Heijdra, Ben J. - 2008

We analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as a renewable resource. Consumers can invest in...

Persistent link: https://www.econbiz.de/10010264399

Regime shifts and uncertainty in pollution control

de Zeeuw, Aart; Zemel, Amos - 2012

We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in the damage coefficient. The model allows the full dynamic characterization of the optimal emission policies under uncertainty. The results, that imply prudent behavior due to...

Persistent link: https://www.econbiz.de/10010280838

Environmental policy under model uncertainty: a robust optimal control approach

Funke, Michael; Paetz, Michael - 2007

Model uncertainty is inherent in the design of optimal environmental policy. We investigate the consequences in a simple linear model, where the aim of the policymaker is to stabilize the carbon content of the atmosphere. We study how decision-makers' concerns about robustness alter policy using...

Persistent link: https://www.econbiz.de/10010264084

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