Johannes Heister/Peter Michaelis und andere: Umweltpolitik mit handelbaren Emissionsrechten. Möglichkeiten zur Verringerung der Kohlendioxyd- und Stickoxydemissionen. Kieler Studien, Verlag J. C. B. Mohr, Tübingen 1991. 292 Seiten, 79 DM (broschiert), 99 DM (gebunden)

The protection of the global environment is impeded by multilateral externalities which the international community attempts to bring under control by entering into international agreements. International agreements, however, can suffer from non-compliance and free-riding behaviour by sovereign...

This paper discusses environmental policies which aim at a sustainable use of domestic resources which are mobile. It assumes that one country introduces such a policy but the other country does not. If a resource is mobile, strict domestic environmental policies may increase the resource...