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This paper analyzes resource partnerships and their influence on the environmental quality in a resource-rich country by introducing incomplete contracts, imperfect property rights protection, and a lack of valuation for the environment by the government in the South. Employing numerical...
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pollution. It analyzes not only inequalities in income, wealth and economic structures between (any number of) countries, but … building the model, we show that the dynamics of the world economy with countries is described by differential equations. We …
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pollution depends on its share of world capital. The authors show that, if the disutility of pollution in the United States is … (United States) and the South (China) in the presence of a global pollution externality. Each country's share of global … the increased pollution in China has global effects, the US may not benefit from the environmental restrictions and a …
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We construct a two-country model where pollution from production is transmitted across borders. Pollution abatement is …
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