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The Economics of Hydro-Meteorological Disasters : Approaching the Estimation of the Total Costs
Balbi, Stefano - 2013
Hydro-meteorological disasters have caused increasing losses in recent years. Efficient risk reduction policies require accurate assessment approaches, with careful consideration of costs, beyond direct tangible costs, which are commonly used in practice. Faced with possible risk reduction...
Persistent link: https://www.econbiz.de/10013076999
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Accounting for Greenhouse Gases in the Standard Productivity Framework
Harchaoui, Tarek M. - 2013
The method that Canada and other developed countries use to measure productivity growth generally ignores the … of production processes, are excluded from the productivity accounting framework. This study proposes an extended … productivity measure that takes pollutants into account. It illustrates how it can be applied using carbon dioxide emissions. The …
Persistent link: https://www.econbiz.de/10013095940
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Price versus quantities versus indexed quantities
Branger, Frédéric; Quirion, Philippe - 2014
We develop a stochastic model to rank different policies (tax, fixed cap and relative cap) according to their expected total social costs. Three types of uncertainties are taken into account: uncertainty about abatement costs, business-as-usual (BAU) emissions and future economic output (the two...
Persistent link: https://www.econbiz.de/10010419904
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Energy and Environmental Markets, Industrial Organization, and Regulation
Kellogg, Ryan; Reguant, Mar - 2021
the topics examined by this literature—especially auctions, investment, productivity and innovation, and regulation … markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how …
Persistent link: https://www.econbiz.de/10013212406
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A Note on Pollution Regulation with Asymmetric Information
Pench, Alberto - 2016
The paper addresses the problem of information asymmetry between a regulator and the polluting firms and proposes a very simple mechanism where the regulator is free to choose, without communicating in advance to the firms, between two instruments: an effluent fee or a standard: as a result in a...
Persistent link: https://www.econbiz.de/10012997072
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Regulation in Transition
Davis Noll, Bethany; Revesz, Richard L. - 2020
Presidents have long sought to roll back their predecessors’ regulatory policies. They have typically relied on efforts to repeal regulations and to withdraw unpublished or non-final regulations pursuant to “stop-work” orders directed at agency heads. President Trump is no exception. But...
Persistent link: https://www.econbiz.de/10014032968
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Why Does General Deterrence Exist? A Study of Drinking Water Quality Regulation
Zhao, Dan; Lyon, Thomas P. - 2022
This paper studies the general deterrence effect associated with regulatory enforcement actions, using data on the quality violations and regulatory enforcement records of all 141,290 active drinking water systems in the U.S. between 1980 and 2017. We find that general deterrence among drinking...
Persistent link: https://www.econbiz.de/10014084340
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Politics and Economics of Second-Best Regulation of Greenhouse Gases : The Importance of Regulatory Credibility
Bosetti, Valentina - 2013
Persistent link: https://www.econbiz.de/10013094833
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Analyzing rebound effects
Schettkat, Ronald - 2009
Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects - so-called rebound effects - compensate or even overcompensate potential savings, will they fire back? The answer to...
Persistent link: https://www.econbiz.de/10003882199
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Uncertain outcomes and climate change policy
Pindyck, Robert S. - 2009 - This draft: August 6, 2009
Focusing on tail effects, I incorporate distributions for temperature change and its economic impact in an analysis of climate change policy. I estimate the fraction of consumption w*(τ) that society would be willing to sacrifice to ensure that any increase in temperature at a future point is...
Persistent link: https://www.econbiz.de/10003889114