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Environmental policies typically combine the identification of a goal with some means to achieve that goal. This chapter focuses exclusively on the second component, the means – the “instruments” – of environmental policy, and considers, in particular, experience around the world with...
Persistent link: https://www.econbiz.de/10014023936
We develop a two-country model of foreign aid and cross-border pollution resulting from production activities in the … recipient country. There is both private and public abatement of pollution, the latter being financed through emissions tax … recipient chooses the fraction of aid allocated to pollution abatement and the emission tax rate. At this equilibrium, an …
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This paper helps clarify the relation among the many policy instruments that the government uses when transaction costs limit the applicability of the Coase Theorem. This is accomplished by synthesizing results from the environmental economics, new institutional economics, and public economics...
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This paper focuses on the analyses and evaluation of resilience anchored in an economic perspective. Resilience, as well as most of the benefits provided by ecosystems, is not priced on current markets. However, this does not mean that resilience is of no value for humans. On the contrary, the...
Persistent link: https://www.econbiz.de/10012711799