OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic …

We study how the shadow economy affects pollution and how this effect depends on corruption levels in public … administration. Production in the shadow economy allows firms to avoid environmental regulation policies; a large informal sector may … be accompanied by higher pollution levels. Our theoretical model predicts that controlling the levels of corruption can …

This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay …. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We … example. To sum up, for any pollution level, we can identify a critical resource stock such that there exist multiple optima i …

either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public … ordinary citizens. The recognition that the health consequences of pollution can be dealt with privately at a cost adds an … important dimension to the analysis of the political economy of environmental regulation, especially for an open economy. When …

" technology. The environmental regulation is based on taxes over reported emissions, and on penalties over unreported emissions …

The paper studies the effect of public transport policies on urban pollution. It uses a quantitative equilibrium model … with residential choice and mode choice. Pollution comes from commuting and residential energy use. The model parameters … transport coupled with increasing transit speed affects the equilibrium. In the baseline simulation, total pollution falls by 0 …