endogenous growth and convergence behavior, and pollution accumulation in each country with pollution diffusion between countries … capital and pollution rates of flow, spatial heterogeneity emerges even between two economies with identical fundamental …We seek to explain the emergence of spatial heterogeneity regarding development and pollution on the basis of …

, capital investment, increasing labor and intermediate inputs are considered. The marginal abatement costs (MACs) of greenhouse …

.5 concentrations, with the drop leveling off for further increases in fine-particle pollution. A back-of-the-envelope calculation … hourly PM2.5 truncated at 25 µg/m3. We also find reduced product quality as pollution rises. Our model allows for selection … into work attendance, though we do not find particle pollution to be a meaningful determinant of non-attendance, which is …

feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible … optimal carbon price minimizes the discounted social cost of the transition to clean capital, but imposes immediate private … costs that disproportionately affect the current owners of polluting capital, in particular in the form of stranded assets …

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 …