This paper addresses the optimal long-term management of an accumulative but assimilable pollutant through economic incentive policies that restrict more damaging production processes and induce more benign alternatives. Using a simple general equilibrium approach, we consider the possibility...

Health problems due to poor air quality have been among the main environmental concerns in Mexico City, Santiago, Bogotá, Sao Paulo, Lima, Quito among other cities in the region. This study provides quantitative estimates of key air pollution concentrations, health impacts, and the monetary...