Market failures associated with environmental pollution interact with market failures associated with the innovation and diffusion of new technologies. These combined market failures provide a strong rationale for a portfolio of public policies that foster emissions reduction as well as the...

We assess different policies for reducing carbon dioxide (CO2) emissions and promoting the innovation and diffusion of CO2-reducing power technologies: (1) emissions price, (2) tax on fossil power, (3) tradable emissions performance standard, (4) market share requirement for renewables, (5)...

Lower prices for polluting goods will increase their sales and the pollution that results from their production or use. Conventional intuition suggests that this relationship implies a greater need for environmental policy when prices of "dirty" goods fall. But the economic inefficiency...

The considerable difficulties associated with cross-border environmental management are compounded when polluters are unlicensed micro-enterprises such as auto repair shops and traditional brick kilns; such "informal sector" firms are virtually impossible to regulate in the conventional manner....

In many developing countries the informal sector, comprised of low-technology unlicensed micro-enterprises, is a major source of pollution. Environmental management in this sector is exceptionally challenging. Though clean technologies offer a means of mitigating the problem, to our knowledge...

We develop a agricultural model assuming that conventional production is causing environmental externalities while more benign alternative production methods generate non-market amenity benefits and obtain a price premium in the marketplace. We analyze policies targeting external benefits and...

In Honduras, traditional coffee processing is the cause of two major problems: poor coffee quality and contaminated water. In this paper we present a method that determines the trade-off between economic efficiency and contamination in a Honduran sub-watershed. The method is a bioeconomic model...

Mathematical programming models suit policy makers' needs for assessing impacts of new policies and modellers' needs for new parameters, constraints and activities to represent the phenomenon under study. The AROPAj model aims at taking into account any geographical extension of the European...

Paper presented at the 24th West Indies Agricultural Economics Conference, Granada, July 19-12, 2002. Environmental issues have become important in trade agreement negotiations. NAFTA explicitly includes environmental provisions and they are affecting ongoing WTO and FTAA negotiations. The final...

Global climate changes are taking place and its impacts on economy are already occurring in fields like tourism, agriculture, forestry, infrastructure, insurance industry or capital market. Specialists draw attention that climate change has negative effects and positive effects. For example, in...