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Environmental Policy and the Macroeconomy under Shallow-Lake Dynamics

Heijdra, Ben J.; Heijnen, Pim - CESifo - 2009

We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...

Persistent link: https://www.econbiz.de/10008596591

Airport Noise Regulation, Airline Service Quality, and Social Welfare

Brueckner, Jan K.; Girvin, Raquel - 2021

This paper explores the impact of airport noise regulation on airline service quality and airfares. It also … characterizes the socially optimal stringency of noise limits, taking both noise damage and the various costs borne by airlines and … their passengers into account. The analysis also investigates the effect of noise taxes, as well as the optimal level of …

Persistent link: https://www.econbiz.de/10013317378

Homevoters vs. Leasevoters: A Spatial Analysis of Airport Effects

Ahlfeldt, Gabriel; Maennig, Wolfgang - CESifo - 2013

We use a public referendum on a new air traffic concept in Berlin, Germany as a natural experiment to analyze how the interaction of tenure and capitalization effects shapes the outcome of direct democracy processes. We distinguish between homevoters, i.e., voters who are homeowners, and...

Persistent link: https://www.econbiz.de/10010671574

Fly or Cry: Is Airport Noise Costly?

Nitsch, Volker - CESifo - 2009

Airport noise is costly. Airport location is typically associated with lower property prices. Airport expansion often … sparks protests by local residents. In this paper, I provide new evidence on the costs of airport-related noise (and other …

Persistent link: https://www.econbiz.de/10005029263