with air and water pollution. Finally, the paper examines whether environmental monitoring through inspections leads to …

In this paper, authors explore the effects of uncertainty on pricing of pollution permits, through the use of a dynamic … model of pollution markets. Authors consider two major sources of uncertainty - that arising from the volatility of demand … pollution permit trading as not only does the market respond to the volatility of fundamentals but also to the vagaries of the …

This paper surveys the recent literature exploring the causes of urban pollution in the developing world and the … implications of such pollution for a city's competitiveness. Within a system of cities, cities compete for jobs and people. Those … pollution inhibit urban competitiveness? Second, why is this effect likely to grow in importance over time? Third, why have …

become and remain competitive. Although many studies have focused on these negative effects, the links between pollution and … pollution and city growth, and how it correlates with city competitiveness. Although high-income cities are usually better at … managing pollution, the paper finds successful examples of fast-growing, lower-income cities that are able to tackle this issue …