This paper examines the application of quasi-experimental methods in environmental economics. We begin with two observations: i) standard quasi-experimental methods, first applied in other microeconomic fields, typically assume unit-level treatments that do not spill over across units; (ii)...

This dissertation investigates the optimal policy for reducing emissions on an aggregate level and in segregated sectors of the economy of the United States and Pakistan using the Dynamic Stochastic General Equilibrium model with New Keynesian assumptions. Three types of environmental policies...

This chapter provides an economic perspective of environmental law and policy. We examine the ends of environmental policy, that is, the setting of goals and targets, beginning with normative issues, notably the Kaldor–Hicks criterion and the related method of assessment known as...

Recent political developments and academic debate indicate that future political commitment to the protection of natural resources is uncertain. This political uncertainty is particularly problematic when the danger of irreversible damage such as the extinction of species looms. Accordingly,...