Bovenberg, A.; Heijdra, Ben - In: Environmental & Resource Economics 23 (2002) 1, pp. 45-84
This paper employs an overlapping-generations model to explore the impactof public abatement on private investment and the intergenerationaldistribution of welfare. Whereas public abatement benefits the oldestgenerations in terms of non-environmental welfare, future generations gainmost in terms...