Benefit-cost and cost-effectiveness analysis are often advocated fordecision making about environmental, health, and safety regulations, butthere has been little research evaluating the accuracy of prospectiveestimates of regulatory costs and benefits. Prospective estimates of themarginal cost...

There has been a recent economic literature arguing that international environmental agreements (IEAs) can have no real effect, on account of their voluntary and self-enforcing nature. This literature concludes that the terms of IEAs are the codification of the noncooperative equilibrium, and...

The paper reports an empirical study of the factors affecting burden sharing among OECD’s 22 DAC members in ‘bankrolling’ the multilateral aid agencies. These are the UN agencies, World Bank’s IDA and non-IDA programmes, regional development banks, European Community, and other...

The climate-trade nexus gains increasing attention as governments are taking great efforts to forge a post-2012 climate change regime to succeed the Kyoto Protocol. This raises the issues of the scope of trade-related measures and of when and how they could be used. This paper discusses how far...

Since the mid-1980s, the international community has controlled refrigerants that may damage the ozone layer and cause climate change based on several international agreements. In particular, the Montreal Protocol contributed to not only solving the ozone layer depletion problem but also...

The success of the Montreal Protocol in comparison to the stagnation seen in negotiations surrounding the Kyoto Protocol highlights the importance of a supportive industry group, pre-existing legislation and commitment by a lead nation, affordable and available substitutes, as well as acceptance...

There has been a recent economic literature arguing that international environmental agreements (IEAs) can have no real effect, on account of their voluntary and self-enforcing nature. This literature concludes that the terms of IEAs are the codification of the noncooperative equilibrium, and...

The success of the Montreal Protocol in comparison to the stagnation seen in negotiations surrounding the Kyoto Protocol highlights the importance of a supportive industry group, pre-existing legislation and commitment by a lead nation, affordable and available substitutes, as well as acceptance...

Air pollution constitutes an ominous threat to human health and welfare. Its adverse effects are pervasive and may be disaggregated at three levels: (a) local, confined to urban and industrial centers; (b) regional, pertaining to transboundary transport of pollutants; and (c) global, related to...