This dissertation consists of two theoretical papers on market-based environmental policy. The first paper exploits the correlation between the environmental performance of firms and their economic performance to show that financial markets can be used to help enforce environmental policy and to...

The first conference of the newly-born Italian Association of Environment and Resource Economists (IAERE) took place in Ferrara last February 8-9, 2013. Professor Marzio Galeotti, Chairman of the Association, describes its main goals and gives a brief overview of the event.

Free-riding is often associated with self-interested behaviour. However if there is a global mixed pollutant, free-riding will arise if individuals calculate that their emissions are negligible relative to the total, so total emissions and hence any damage that they and others suffer will be...

This study simulates environmental effects with the inter-regional general equilibrium model Mibra assuming economic growth rates in a pessimist scenario of 2.3% a.a. and an optimist scenario of 4.4% a.a., both for the period 2002-2012. Using pollution intensity coefficients associated to...

In this article, an approach to the ecological footprint becomes from a microeconomic perspective, speci¯cally from the consumer traditional theory. It is revealed how the consumption of goods and services redound in the consumption of natural resources and provoke a decrease in the wellbeing...

Awareness of the environment and the need to protect it has increased markedly in recent decades, and market actors, consumers and other stakeholders have been progressively more aware of ecological issues. Awareness of the pollution caused by mass tourism has resulted in the emergence of the...

The view taken by environmental economics of the environment tends to see it as having certain characteristics. Among these are that it is a free good, inexhaustible, belonging to nobody and without any form of regulatory price, in the absence of an exchange value. These characteristics lead to...

Economists, ecologists, private industries and government decision-makers have long been interested in the relationships between economic growth and environmental quality. These relationships are often the subject of intense public policy debates such as the current debate surrounding global...

This study estimates the monetary benefits to individuals from health damages avoided as a result on reductions in air pollution in the urban industrial city of Kanpur in India. A notable feature of this study is that it uses data from weekly health-diaries collected for three seasons. For...

The paper investigates the complex system of causes affecting tropical deforestation at a worldwide level. There is no generally accepted theory in the deforestation literature to indicate which variables should be included in a model of deforestation at an aggregate global level. The paper...