Nicholas, Muller; Daniel, Tong; Robert, Mendelsohn - In: The B.E. Journal of Economic Analysis & Policy 9 (2009) 2, pp. 1-32
Through a series of experiments, we measure the marginal damage of emissions near Atlanta using a sophisticated integrated assessment model. The marginal damages of sulfur dioxide (SO2) are driven by proximity to downtown Atlanta; emissions produced closer to the city lead to higher exposures and...