We theoretically analyze unbalanced growth in an urban economy arising from the preferences of the creative class concerning the relative desirability of agricultural, manufacturing, and service goods. We study two cases. In the first case, the production functions for the three categories of...

We theoretically analyze unbalanced growth in an urban economy arising from the preferences of the creative class concerning the relative desirability of agricultural, manufacturing, and service goods. We study two cases. In the first case, the production functions for the three categories of...

We exploit the public good attributes of Ganges water pollution cleanup and theoretically analyze an aggregate economy of two cities-Kanpur and Varanasi-through which the Ganges flows. Our specific objective is to study whether water pollution cleanup in these two cities ought to be provided in...

We study two probabilistic approaches to cleaning the Ganges river when the underlying goal is to use the cleanup to sustain tourism in Varanasi, India. The first approach models the idea that because resources are scarce and cleanup is costly, not all pollutants in the Ganges can be removed....

Despite repeated calls for a thorough cleanup of water pollution in the Ganges river, there are only two papers in the social sciences by Batabyal and Beladi (2017, 2019) that have shed theoretical light on this cleanup problem and its connection to the sustainability of tourism in Varanasi....

The clean-up of the Ganges now appears to have a champion in the Indian Prime Minister Narendra Modi. Modi contested the 2014 election from Varanasi and he has promised to convert Varanasi into a vibrant city for tourists by launching a major campaign to clean the Ganges. Despite the salience of...

When the regulatory threshold which specifies the maximum amount of waste that can be stored on site is exceeded, a waste generating firm must move waste to an off site location. Given that off site storage is costlier than on site storage, how much waste ought a firm - operating in a...

We exploit the public good attributes of Ganges water pollution cleanup and theoretically analyze an aggregate economy of two cities---Kanpur and Varanasi---through which the Ganges flows. Our specific objective is to study whether water pollution cleanup in these two cities ought to be provided...

In this research note, we focus on a representative, leather producing tannery in Kanpur, India, and shed light on two specific questions that, to the best of our knowledge, have not been studied previously in the literature. First, what is the deadweight loss from water pollution caused by this...

Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyze two questions in a stochastic framework from the...