governments establish the optimal city size when production processes involve environmental pollution. Our analysis delivers two … key insights. First, if an optimal scheme to regulate environmental pollution is implemented, cities chosen by local … governments are never too large. They are too small if pollution is purely global, but at the optimal size, if pollution is purely …

In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations … the host country's environmental regulations. Since the pollution haven's effects indicate moving the polluting production … those countries. This supports the prevalence of the effects of pollution havens. However, before we separate the FDI into …

(agriculture). Our focus is mainly on the costs associated with congestion and pollution as well the impact of under-priced energy … indicative estimates of the external costs of energy subsidies, as manifested in congestion and pollution. Our estimates using …

externalities, treatment of one unit often affects other units. To explore the implications of applying standard quasi …

taxes under a balanced-budget rule in the presence of consumption externalities of the "keeping up with the Joneses" type … eliminating belief-driven cyclical fluctuations. Moreover, for higher values of consumption externalities, saddle path stability …

selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a … when the size of the externalities is arbitrarily small. Our result highlights the degree of control a principal has over …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … health externalities due to downsizing imply non-negligible cost for firms, and that wage cuts may have similar effects …