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This paper develops a general equilibrium model to measure welfare effects of taxes for correcting environmental externalities caused by domestic trade, focusing on exter- nalities that arise through exports. Externalities from exports come from a number of sources. Domestically owned ships,...
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The Millennium Ecosystem Assessment is built on a conceptual framework that links biodiversity to the services … aims to highlight the mapping of biodiversity indicators and assesses their respective role on the valuation exercise. Our … results show that biodiversity loss is having an effect on forest ecosystem values. In addition, these effects reveal to be …
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This empirical study examines welfare gains and losses that would result from alternative fishery management regimes. In an application to the North Sea demersal fisheries, the study shows that these fishery resources can give rise to large economic rent. Under an optimal management regime, the...
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