Two countries, differing with respect to opportunity cost of abatement and evironmental damage cost, negotiating joint emission reductions are considered. The bargaining process is analyzed in two policy regimes: Emission tax and transferable discharge permits. Emissions and welfare of the...

This paper examines the interplay of environmental policies with trade policies (tariffs) in a context of bilateral trade and imperfect competition.

Structural equation models (SEM) are commonly used to analyze the relationship between variables some of which may be latent, such as individual ``attitude'' to and ``behavior'' concerning specific issues. A number of difficulties arise when we want to compare a large number of groups, each with...

Water's role in manufacturing technologies has received limited attention in econometric studies of natural resource use. A KLEM model of technology is extended to include three facets of water use: intake, recirculation and discharge,

This paper is concerned with valuing forests for an important ecological function, namely the ability of forestst ( at least those in Canada) to sequester carbon and mitigate global warming.

The debate over the efficacy of the dichotomous choice contingent valuation methodology for eliciting the public's values for environmental improvements is on-going. An important issue is the effect of the question sequence. This paper uses a double bounded dichotomous choice suvey instrument to...

We develop a simple two-sector dynamic model to examine the effects of international trade in the presence of pollution-created cross- sectoral production externalities. We assume that the production of 'Smokestack' manufactures generates pollution, which lowers the productivity of an...

This paper presents a model which takes into account two main factors that have been partially neglected by the economic development literature: the environmental externalities of human activities and agents' heterogeneity in terms of asset endowment and, consequently, in terms of income source...

We model in an endogenous growth set-up the hypotheses that the expansion of market activities weakens social capital formation, and that firms can invest in formal mechanisms of control and enforcement to substitute for social capital (trust, work ethics, honesty). The model shows that the...