) and the South (China) in the presence of a global pollution externality. Each country's share of global pollution depends … on its share of world capital. We show that, if the disutility of pollution in the United States is high, there will be … pressure on the US to raise environmental regulations on industry. Capital will move to China. Because the increased pollution …

(United States) and the South (China) in the presence of a global pollution externality. Each country's share of global … pollution depends on its share of world capital. The authors show that, if the disutility of pollution in the United States is … the increased pollution in China has global effects, the US may not benefit from the environmental restrictions and a …

This paper investigates a problem of optimal growth with resource exhaustibility and pollution externality, based on a … resource exhaustibility and pollution externality are smaller than those with only resource exhaustibility, and taking account … of pollution externality resulting from resource extraction reduces the growth rate of consumption if man-made capital …

of the reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution … the effectiveness of fuel taxes to reduce climate and health externalities. …