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Drawing from a broad range of sources, we define and discuss the two primary ways of contemplating issues related to environmental economics, namely, interventionism and libertarianism. We then interpret a cellular automaton as a model that allows for either approach, as well as anarchy, and...
Persistent link: https://www.econbiz.de/10010816974
This paper discusses the merits and limits of the recent European energy policy aimed at reducing carbon emissions, devoting particular attention to the European Trading System of carbon permits and to the measures that the European Union has adopted to promote renewable energy sources. From the...
Persistent link: https://www.econbiz.de/10008828388
methods and incorporates partial equilibrium, endogenous technological change and external costs related to regional pollution …
Persistent link: https://www.econbiz.de/10011130236
production. Production exhibits increasing returns to scale on aggregate. Urban environmental pollution, as a force that …
Persistent link: https://www.econbiz.de/10005230846
This paper explores the trade-off between economic growth and environmental quality along two paradigms of endogenous growth theory: variety expansion (HIP) and quality improvements (VIP). We compare the policies that match the decentralised economies' paths with the optimal "strong sustainable"...
Persistent link: https://www.econbiz.de/10005570244
On 27 October 2007 the Russian Federation revoked Lufthansa Cargo's rights to fly over Russian territory. The withdrawal came as a surprise to Lufthansa Cargo and shortly after the dispute started it evolved from an economic to a political conflict which awoke international interest. The...
Persistent link: https://www.econbiz.de/10009353076
use induces a pollution which is accentuated by the soil fragility. We show, at the steady state, that the environmental … tax induces a more conservative farmer behavior for soil, but in some cases it can exacerbate pollution. These effects can …
Persistent link: https://www.econbiz.de/10005385355
Industrial pollution can have damaging effects on resource-based productive sectors. International trade creates …
Persistent link: https://www.econbiz.de/10005385441
is that the EKC is examined in the presence of pollution as a by product of consumption activities; also, pollution is a … environment, consumers do not consider directly pollution in the maximization problem and are assumed to choose between two … that substitution of dirty consumption with clean consumption alone is not sufficient to reduce environmental pollution …
Persistent link: https://www.econbiz.de/10009320998
In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC), suggests that environmental degradation increases in the early stages of growth, but it...
Persistent link: https://www.econbiz.de/10009391480