economic theory has restricted to either of them when submitting conventional policy instruments to a comparative analysis. The …

, hitherto environmental economic theory has restricted itself to either of them when submitting conventional policy instruments …

This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …

This paper studies Krugman's (1991) core-periphery model and extends it to include environmental pollution. We present … local environmental pollution, a third and more realistic type of equilibrium may occur in which most of the manufacturing …

the relationships between population development, economic dynamics and environmental pollution are complex due to various … long-run steady state is optimal that is characterized by a stable pollution stock, and by population and economic growth …

In the past 15 years, incentive-based environmental policy instruments, such as pollution taxes and tradeable pollution … proposes a positive theory of environmental instrument choice that can be used to explain this trend. We imagine a democratic … society that seeks to lower the level of pollution from industrial production to a pre-specified target. The target can be …

model of a monocentric city, in which two types ofexternalities occur. On the one hand, pollution inthe industrial centre …