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Now or Never: Environmental Protection under Hyperbolic Discounting
Winkler, Ralph - 2009
The author analyzes the optimal investment in environmental protection in a model of an infinite series of non-overlapping hyperbolically discounting agents. He shows that without a commitment mechanism society is eventually stuck in a situation where all agents prefer further investment in the...
Persistent link: https://www.econbiz.de/10010298585
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Now or Never: Environmental Protection under Hyperbolic Discounting
Winkler, Ralph - 2006
In this paper, we extend the well known result that hyperbolically discounting agents tend to postpone costs into the future. In a simple model we show that, without commitment to the ex ante optimal plan, no investment in environmental protection is undertaken over the whole time horizon, no...
Persistent link: https://www.econbiz.de/10011753124
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Corruption, Growth, and the Environment : A Cross-Country Analysis
Welsch, Heinz - 2003
The relationship between per capita income and a number of pollution indicators has been found to display an inverted U …-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given …. Using cross section data for several indicators of pollution, the paper estimates the direct and the indirect effect of …
Persistent link: https://www.econbiz.de/10010260691
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Explaining environmental Kuznets curves: How pollution induces policy and new technologies
Bretschger, Lucas; Smulders, Sjak - 2000
Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced … and decline of pollution can be explained by policyinduced technology shifts. …
Persistent link: https://www.econbiz.de/10010306033
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Optimal monitoring to implement clean technologies when pollution is random
Macho-Stadler, Inés; Pérez-Castrillo, David - 2007
We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...
Persistent link: https://www.econbiz.de/10010264107
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Optimal monitoring to implement clean technologies when pollution is random
Macho-Stadler, Inés; Pérez-Castrillo, David - In: SERIEs - Journal of the Spanish Economic Association 1 (2010) 3, pp. 277-304
We consider a model of polluting firms subject to tax on emissions, monitoring, and penalties in case of underreporting and which face a choice between a more expensive clean and a less expensive dirty technology. Moreover, emissions are subject to random events.We show that the optimal...
Persistent link: https://www.econbiz.de/10010317114
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Regime shifts and uncertainty in pollution control
de Zeeuw, Aart; Zemel, Amos - 2012
We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in …
Persistent link: https://www.econbiz.de/10010280838
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The Influence of Environmental Policy on Innovative Behaviour: An Econometric Study
Hemmelskamp, Jens - 1999
The paper examines the determinants that influence the environmental innovation behaviour of companies in Germany in a multivariate context by using data from the Mannheimer Innovations Panel 1993, which was part of the Community Innovation Survey. The objective is to analyse the general...
Persistent link: https://www.econbiz.de/10011608482
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Environmental Governance in Hungary - Rural Development Policies and Social Learning during the Implementation of EU Agri-Environmental Policies - A Case Study
Nemes, Gusztáv - 2010
The Rural Development Regulation (RDR) within the Common Agricultural Policy (CAP), as an exemplary manifestation of the New Rural Development Paradigm, has achieved significant results. Nevertheless, it has increasingly become liable to institutional complexity and central control in an...
Persistent link: https://www.econbiz.de/10010494423
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Harmonisierung von Ökonomie und Ökologie
Simonis, Udo E. - In: Ökologisch denken und handeln: Strategien mittlerer …, (pp. 52-63). 1988
Persistent link: https://www.econbiz.de/10011291926