Environmental concerns are becoming increasingly popular and nowadays find their place on the policy-makers agenda. The basic question that arises in these circumstances is whether environmental theses are consistent or not with the economic theory. Environmental issues must go through the...

We evaluate the environmental and economic effects of Beijing’s driving restrictions. Based on daily data from multiple monitoring stations, air pollution falls 19% during every-other-day and 8% during one-day-per-week restrictions. Based on hourly viewership data, the number of television...

This article sets out a view of the purposes and approaches of 'green economics'. It looks particularly at the 'boundary' conventionally drawn around economics, and at the 'inputs' and 'externalities' which cross that boundary, and proposes that these should be the primary focus for work on...

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...

The patchwork of laws designed to control air pollution from U.S. power plants has been criticized from a variety of different perspectives. Business groups argue that the laws are too complex and burdensome to industry. Environmentalists maintain that power plant emissions need to be further...

With the determination of principal parameters of producing and pollution abatement technologies, this paper quantifies abatement and external costs at the social optimum and analyses the dynamic relationship between technological development and the above-mentioned costs. With the partial...

<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 is a collection of Professor Batabyal's previously published and unpublished papers on the subject of natural resource and environmental economics.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...

We evaluate the environmental and economic effects of Beijing’s driving restrictions. Based on daily data from multiple monitoring stations, air pollution falls 19% during every-other-day and 8% during one-day-per-week restrictions. Based on hourly viewership data, the number of...