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endogenous growth and convergence behavior, and pollution accumulation in each country with pollution diffusion between countries … capital and pollution rates of flow, spatial heterogeneity emerges even between two economies with identical fundamental …We seek to explain the emergence of spatial heterogeneity regarding development and pollution on the basis of …
Persistent link: https://www.econbiz.de/10013018954
-regional capital mobility. To control pollution each region uses public pollution abatement and issues either intra-regionally or inter … emission permits and we examine when and how cross-border pollution and the type of capital mobility affect these equilibrium …We build a two regions general equilibrium model with cross-border pollution and either international or only inter …
Persistent link: https://www.econbiz.de/10010498623
This paper considers a model of spatial allocation of investment capital under uncertainty. We demonstrate that the … exists risk preferences so that spatial concentration of industry and capital is not a ected by the degree of economic …
Persistent link: https://www.econbiz.de/10003971025
Persistent link: https://www.econbiz.de/10003570731
-country regional block model with capital mobility and crossborder pollution. Pollution in the two countries is simultaneously abated … by the private sector, in response to a pollution tax and by the public sector utilizing income and pollution tax revenue …. We demonstrate, among other things, that due to the existence of cross-border pollution in many cases the Nash optimal …
Persistent link: https://www.econbiz.de/10011449271
Persistent link: https://www.econbiz.de/10010256279
goods and capital within the region. Pollution reduces welfare and there is simultaneous private and public pollution …-border pollution and capital mobility affect them. Finally, we examine the impact of capital mobility on the effectiveness of pollution …This paper builds a model of a region with two non-identical countries, cross-border pollution and free movements of …
Persistent link: https://www.econbiz.de/10011514071
Persistent link: https://www.econbiz.de/10000996647
Persistent link: https://www.econbiz.de/10011524725
Persistent link: https://www.econbiz.de/10011703008