This paper examines the environmental effects of mineral taxes in a framework that recognizes the importance of rates and cumulative externalities and proposes an appropriate corrective tax. It concludes that mineral resources taxation should combine neutral taxes with a dynamic Pigovian type...

The paper presents a model that determines when (at which output price level) it is optimum for a firm to invest in environmental technologies and which are the main parameters that affect this decision. Our analysis shows that firms require high output price levels to be induced to invest in...

Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in many instances, environmental degradation is rooted...

This paper examines the role and impact of taxation on sustainable forest management. It is shown that fiscal instruments neither reinforce nor substitute for traditional regulatory approaches. Far from encouraging more sustainable forest management, fiscal instruments such as an inappropriate...

This paper reviews what insights environmental and ecological economics have provided regarding the 'poverty-environment'- nexus within the 'EnvironmentDevelopment'-system. Various perspectives are discussed, such as 'the poor as agents' and 'the poor as victims' hypotheses, and more...

The paper studies the setting of optimal fiscal policy in a second-best world with environmental externalities. The optimal second-best pollution tax is shown to lie below the first-best Pigovian tax, particularly if substitution between labor and polluting intermediate inputs is easy, the labor...

This paper reviews what insights environmental and ecological economics have provided regarding the 'poverty-environment'- nexus within the 'EnvironmentDevelopment'-system. Various perspectives are discussed, such as 'the poor as agents' and 'the poor as victims' hypotheses, (a) institutions...

This paper reviews what insights environmental and ecological economics have provided regarding the 'poverty-environment'- nexus within the 'EnvironmentDevelopment'-system. Various perspectives are discussed, such as 'the poor as agents' and 'the poor as victims' hypotheses, (a) institutions...

<i>Dynamic and Stochastic Resource Economics: Essays on Biodiversity, Invasive Species, Joint Systems, and Regulation</i> is a collection of Professor Batabyal's previously published and unpublished papers on the subject of natural resource and environmental economics. The book demonstrates how new...