This study quantifies the spillover effects of PM2.5 emissions on emergency room visits due to respiratory diseases in Chile. We use several spatial panel methods and models controlling also for the potential endogeneity of air quality. Our estimates show that the spillover effects are downward...

What interest do developing countries have in limiting the growth of their greenhouse gas (GHG) emissions? Answering this question is crucial to moving international climate policy negotiations forward. The primary benefits for individual countries of GHG abatement remain highly uncertain and,...