endogenous growth and convergence behavior, and pollution accumulation in each country with pollution diffusion between countries … capital and pollution rates of flow, spatial heterogeneity emerges even between two economies with identical fundamental …We seek to explain the emergence of spatial heterogeneity regarding development and pollution on the basis of …

endogenous growth and convergence behavior, and pollution accumulation in each country with pollution diffusion between countries … capital and pollution rates of flow, spatial heterogeneity emerges even between two economies with identical fundamental …We seek to explain the emergence of spatial heterogeneity regarding development and pollution on the basis of …

-regional capital mobility. To control pollution each region uses public pollution abatement and issues either intra-regionally or inter … emission permits and we examine when and how cross-border pollution and the type of capital mobility affect these equilibrium …We build a two regions general equilibrium model with cross-border pollution and either international or only inter …

This paper considers a model of spatial allocation of investment capital under uncertainty. We demonstrate that the … exists risk preferences so that spatial concentration of industry and capital is not a ected by the degree of economic …

.5 concentrations, with the drop leveling off for further increases in fine-particle pollution. A back-of-the-envelope calculation … hourly PM2.5 truncated at 25 µg/m3. We also find reduced product quality as pollution rises. Our model allows for selection … into work attendance, though we do not find particle pollution to be a meaningful determinant of non-attendance, which is …

We show that misallocation across firms amplifies industrial pollution by distorting the firm size distribution in … heterogeneous firm model with an endogenous choice of pollution treatment technology, we show that size-dependent distortions lower … the adoption rate of clean technology, amplify pollution intensity, and lower output. The quantitative results show that …

feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible … optimal carbon price minimizes the discounted social cost of the transition to clean capital, but imposes immediate private … costs that disproportionately affect the current owners of polluting capital, in particular in the form of stranded assets …

sensitive political process. On the other hand, constraints on capital, consumption, and pollution levels should be agreed … regulator can look for a feasible strategy for emission control that will maintain capital, consumption, and pollution in a … closed set of constraints. Such a strategy is called viable in viability theory. Viability theory is the study of dynamic …