can establish the overall pollution-reduction goal for a cap-and-trade system by setting the cap, and leave it up to the …

develops technologies which reduce the cost of pollution abatement. The innovating firm can patent this innovation and use a … either a pollution tax or a marketable permit. However, the returns to the innovator from innovation are not the same under …

negative pollution externalities associated with local production. We distinguish between two goods (food and manufactures) and … equilibrium framework. We investigate the impact of pollution by focusing on the interaction between location advantages and … activity tends to become less attractive with pollution, and thus less likely. Moreover, we provide a simple necessary and …