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relationship has been called the out a simple and straight-forward static model of the microfoundations of the pollution …
Persistent link: https://www.econbiz.de/10012472075
This paper reviews both theory and empirical work on economic growth and the environment. We develop four simple growth … potentially refutable predictions on abatement costs, pollution levels, or emission intensities …
Persistent link: https://www.econbiz.de/10012467835
, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade … hampered by the lack of a common language and also suffered from little recourse to economic theory and empirical evidence. The … international trade. We critically review both theory and empirical work to answer three basic questions. What do we know about the …
Persistent link: https://www.econbiz.de/10012468875
Environmental quality in many developing countries is poor and generates substantial health and productivity costs. However, existing measures of willingness to pay for environmental quality improvements indicate low valuations by affected households. This paper argues that this seeming paradox...
Persistent link: https://www.econbiz.de/10012459234
I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages,...
Persistent link: https://www.econbiz.de/10012460398
Heckscher-Ohlin-Samuelson factor endowments model. We draw quite heavily from trade theory, but develop a simple pollution …This paper sets out a general equilibrium pollution and trade model to provide a framework for examination of the trade … and environment debate. The model contains as special cases a canonical pollution haven model as well as the standard …
Persistent link: https://www.econbiz.de/10012470178
This article studies how liability for environmentally harmful discharges affects the incentives of firms to engage in cleanup and invest in precautions, as well as the incentives of consumers to purchase the goods whose production leads to discharges. Our main conclusion is that making firms...
Persistent link: https://www.econbiz.de/10012474792
between income level and pollution). The new specification enables us to draw conclusions from fixed effects estimation. In …
Persistent link: https://www.econbiz.de/10012470730
model, which we dub the Green Solow', generates an EKC relationship between both the flow of pollution emissions and income …
Persistent link: https://www.econbiz.de/10012468136
measures of air pollution such as SO2 concentrations. Perceptions that WTO panel rulings have interfered with the ability of …
Persistent link: https://www.econbiz.de/10012468604