Showing 1 - 10 of 3,759
We study how public policies affects an economy where production emits pollutants and investment in productive assets raises the economy’s overall productivity. We explore two hypotheses about how the accumulation of pollutants affects human well-being. Under the first one, there is no limit...
Persistent link: https://www.econbiz.de/10012803772
-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …
Persistent link: https://www.econbiz.de/10011939765
We study (energy) markets with dirty incumbents and costly entry by clean producers. For intermediate entry costs, the market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments-taxation on polluters, feed-in tariffs for clean...
Persistent link: https://www.econbiz.de/10010350472
reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution impacts of carbon … to reduce climate and health externalities. …
Persistent link: https://www.econbiz.de/10014295072
externalities inflicted by parents when they decide on their children's diet. Within an OLG model with an imperfectly altruistic …
Persistent link: https://www.econbiz.de/10012103592
We propose the "average approach," where the worth of a coalition is a weighted average of its worth for different partitions of the players' set, as a unifying method to extend values for characteristic function form games. Our method allows us to extend the equal division value, the equal...
Persistent link: https://www.econbiz.de/10011509414
This study compares energy and emission taxes used to control pollution and provide incentives for the adoption of an … technology. In the absence of economies of scope in the production of energy and abatement, the energy tax reduces pollution but … is ineffective in promoting technological change. The emission tax reduces pollution and is effective in promoting …
Persistent link: https://www.econbiz.de/10011540791
demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …
Persistent link: https://www.econbiz.de/10010412410
scope of inefficient migration. This positive welfare effect may significantly reduce abatement costs of pollution and calls …
Persistent link: https://www.econbiz.de/10010496890
growth and harm future generations. On the other hand, competitive equilibria are inefficient if externalities sustain long …
Persistent link: https://www.econbiz.de/10009781561