This paper investigates the effects of financial relief programs, commonly referred to as ‘bailouts', on pollution. A partial equilibrium soft budget constraint model of the firm is developed to identify the effect of bailouts on the emission decisions of firms. The results from the model...

This paper uses a representative agent model and Canadian data to calculate the optimal gasoline taxes for Ontario and the Greater Toronto-Hamilton Area (GTHA) in a second-best setting with pre-existing distortionary income taxes. The results suggest a second-best optimal gasoline tax (40.57...

This paper uses a partial equilibrium trade model to evaluate British Columbia's (BC) log export restrictions. The results of a recently published paper on the topic rely on two key assumptions. They assumed BC has a ban on log exports and that any incremental BC log exports will not affect the...