This article examines the optimal environmental regulation in a mixed duopolistic market wherein environmental damage is associated with production. Specifically, the effects of partial privatization on optimal policy choices, environmental damage, and social welfare are examined under three...

The purpose of this article is to analyse the effect of the externalities of industrial pollution on trade patterns and economic geography. Many researchers have studied the effects of agglomeration on regional systems. Krugman (1991) applied the monopolistic competition model to international...

This paper discusses how the externality of environmental damage affects the equilibrium properties of a simple overlapping generations model with multiple regions. Simulation results indicate that the environmental policy of the government decreases capital accumulation. When the government...

1 Tohru Naito: Introduction and summary -- Part 1 The basic model of regional economy -- 2 Tohru Naito: Regional agglomeration and spatial economics -- 3 Tohru Naito: Urban unemployment and urban–rural migration -- 4 Tatsuya Omori Neoclassical economic growth and public policy -- 5 Daisuke...