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Economic geography and Urban environmental pollution
Quaas, Martin; Lange, Andreas - 2004
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 …
Persistent link: https://www.econbiz.de/10011422118
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Stochastic Environmental Policy, Risk-Taking, and Growth
Soretz, Susanne - 2003
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 …
Persistent link: https://www.econbiz.de/10010262909
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Stochastic Pollution and Environmental Care in an Endogenous Growth Model
Soretz, Susanne - 2002
This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …
Persistent link: https://www.econbiz.de/10010317622
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Optimal control of pollutants with delayed stock accumulation
Winkler, Ralph - 2008
We study the optimal control of a pollutant that accumulates with a delay.We find that optimal paths are, in general, non-monotonic and oscillatory, but monotonic if the objective function is additively separable. Hence, using additively separable objective functions as an approximation to a...
Persistent link: https://www.econbiz.de/10011753155
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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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Interest rates and output in the long-run
Aksoy, Yunus; León-Ledesma, Miguel A. - 2005
In this paper we argue that both statistics and economic theory-based evidence largely indicate the absence of long run …
Persistent link: https://www.econbiz.de/10011604480
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Interest rates and output in the long-run
Aksoy, Yunus; León-Ledesma, Miguel A. - 2004
In this paper we argue that both statistics and economic theory-based evidence largely indicate the absence of long run …
Persistent link: https://www.econbiz.de/10010290636
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Tradable Permits
Ellerman, A. Denny; Johnstone, Nick; Schneider, Friedrich; … - In: CESifo Forum 04 (2003) 1, pp. 3-32
Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...
Persistent link: https://www.econbiz.de/10011695725
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Neo-Austrian modelling
Faber, Malte; Proops, John - 2003
environmental issues, and giving a hint on some of its wider applications. We also show relationships to neoclassical growth theory. …
Persistent link: https://www.econbiz.de/10011422101
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Simulating with RICE coalitionally stable burden sharing agreements for the climate change problem
Eyckmans, Johan; Tulkens, Henry - 1999
In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme advocated by Germain, Toint and Tulkens (1997). This scheme is designed to sustain full co-operation in a voluntary international environmental agreement by making all...
Persistent link: https://www.econbiz.de/10011608534