Rubio, Santiago J.; Ulph, Alistair - 2003
allow for the possibility that membership of the IEA may change endogenously over time. In this paper we analyse a simple … corresponding steady-state IEA membership, and that if the initial stock of pollution is below (above) steady-state then membership … costs to the pollution stock, initial and steady-state membership decline; in the limit, membership is small and constant …