This paper examines the processes used in the United States and Mexico to assess the economic costs and benefits of environmental improvement, the kinds of information obtained from these procedures, and the additional knowledge that is needed about both elements to improve understanding of the...

Fiscal instruments are potentially among the most effective, and cost-effective, options for addressing externalities related to poor air quality, urban road congestion, and greenhouse gases. This paper takes a case study, focused on Mauritius (a pioneer in the use of green taxes) to illustrate...

Public concern and scientific research on health, safety, and environmental externalities (HSE) lured a number of economists to apply their tools and models to these issues. The materials balance model and the environmental models of are examples of incorporating HSE externalities into standard...