Environmental economics passed its age of infancy. It grew rapidly over the last decades and established itself as a discipline based on the powerful economic paradigm and reaching beyond it to capture important economy-environment interactions. The view offered here on the future of...

Economists have a good understanding of intra-economic interdependence and a mature methodology of modeling it. Ecologists focus on the complex and sensitive interactions of species in ecosystems. This paper's objective is to suggest a new micro-foundation of ecosystem analysis based on economic...

Cultural capital is assumed to benefit all members of society. It is built up by the aggregate consumption of cultural goods and is diminished through depreciation. In the no-policy market economy, consumers tend to ignore the beneficial external effects of their cultural good consumption on the...

Using a general equilibrium model where material is first extracted, then used for producing a consumption good, recycled and finally treated to reduce environmental damage, we study efficiency-restoring policies, when one or more of the constituent markets are inactive. The material is modeled...

We analyse tax competition with corporate profit taxes in a common market where tax revenues are allocated according to an apportionment formula. As a general rule, tax competition is sharper the higher is the tax elasticity of the apportionment formula which, in turn, depends on the properties...

Dieser Beitrag untersucht die für die Medienwirtschaft relevanten Märkte mit einfachen Marktmodellen. Im Zentrum stehen die Interdependenzen zwischen Konsumgüter-, Werbe- und Medienmärkten, wobei die wichtige Rolle der Werbemärkte als ökonomischer Motor der Medienwirtschaft besonders...

In the double dividend debate following Bovenberg and de Mooij (1994) the definition of 'tax efficiency dividend' is implicitly based on the claim that by its very nature any corrective tax, and therefore any emission tax, imposes an excess burden, a claim that is also shared, e.g., by the...

In their seminal paper on production, consumption and externalities (AER, 1969), Ayres and Kneese initiated a research program on comprehensive analysis and management of residuals and pollution based on two pillars: the study of the residuals-generating materials flow subject to the mass...

In dem vorliegenden Beitrag untersuchen wir auf der Grundlage eines statischen allgemeinen Gleichgewichtsmodells die Effizienz verschiedener Gebuehrenkonzepte einer Abfall-Management-Organisation. Diese wird von den Produzenten, die fuer die Verwertung und/oder Entsorgung der Verpackungsabfaelle...

This paper examines a Waste Management Organisation's (WMO) pricing options to implement the Pareto-efficient allocation in an economy where materials are first extracted, then used for producing a consumption good and finally recycled or landfilled. The WMO is established by the producers who...