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Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced … and decline of pollution can be explained by policyinduced technology shifts. …
Persistent link: https://www.econbiz.de/10010484504
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Global warming, sea level rise, and extreme weather events have made climate change a top priority for policymakers across the globe. But which policies are best suited to tackle the enormous challenges presented by our changing climate? This Article proposes that policymakers turn to prediction...
Persistent link: https://www.econbiz.de/10012899315
In a research-driven endogenous growth model, a non-renewable resource gives rise to pollution. Consumption may either … grow or decline along the optimal balanced growth path, but the (flow) pollution level necessarily diminishes continuously … time, a growth-enhancing government policy may improve long-run environmental conditions. The pollution externality does …
Persistent link: https://www.econbiz.de/10014091444
The paper explores the prospects for international environmental cooperation in a context of limited enforcement, if we allow for side-payments between countries and sequential moves in the implementation of the agreement. The framework of the analysis is a static model of heterogenous countries...
Persistent link: https://www.econbiz.de/10009675764
We evaluate the effectiveness of non optimal and temporally inconsistent incentive policies for regulating the exploitation of a renewable common-pool resource. The corresponding game is an N-person discrete-time deterministic dynamic game of T periods fixed duration. Three policy instruments...
Persistent link: https://www.econbiz.de/10014049011
This paper investigated, in an overlapping generations model highlighting two-period lived households, the influence of education and environmental awareness on physical capital and environmental terms by sketching, at the stable steady state equilibrium, the comparative static examination....
Persistent link: https://www.econbiz.de/10014357242
patent markets, knowledge spillovers are already internalized to a huge extent. For the output-induced pollution … welfare. However, for the capital-induced pollution specification, internalizing the knowledge spillovers goes hand in hand …
Persistent link: https://www.econbiz.de/10010485437
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policy instruments in global pollution control and chapter 5 summarises the results on the formation of coalitions. Third … analysis are characterised. On the other hand, practical problems which are not covered by theory are mentioned and evaluated …
Persistent link: https://www.econbiz.de/10011608649