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This article proposes a means for implementing environmental taxes in Indonesia at the sub-national government level, as a mechanism for correcting resource misallocation and negative externalities, specifically environmental protection and clean-up. The concept of environmental taxation is...
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We consider a game between jurisdictions within a national economy. Capital migrates between jurisdictions to satisfy an equal return condition. The total supply of capital to the economy is a non-decreasing function of the national return. This allows us to cater for the case where capital has...
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In this note we study the distortions in an endogenous growth model developed by Grimaud and Tournemaine (2007), where new pieces of knowledge are produced in a R&D sector and used to reduce pollution emissions. Using this model along with a realistic calibration, we conclude that the economy...
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