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 …

-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 …

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 …

feebates, instead of carbon prices. We compare these policies in a Ramsey model with clean and polluting capital, irreversible … optimal carbon price minimizes the discounted social cost of the transition to clean capital, but imposes immediate private … costs that disproportionately affect the current owners of polluting capital, in particular in the form of stranded assets …

sensitive political process. On the other hand, constraints on capital, consumption, and pollution levels should be agreed … regulator can look for a feasible strategy for emission control that will maintain capital, consumption, and pollution in a … closed set of constraints. Such a strategy is called viable in viability theory. Viability theory is the study of dynamic …

, capital investment, increasing labor and intermediate inputs are considered. The marginal abatement costs (MACs) of greenhouse …

In the context of transboundary air pollution policy the broad ambition is to achieve reductions in the level of … air pollution policy frameworks. -- Transboundary Air Pollution ; Emission Ceilings ; Flexibility ; Adaptive Policy …