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pollution costs are internalized (efficiency), but also that producers buy their allowances before they pass on those costs to …
Persistent link: https://www.econbiz.de/10012710977
Persistent link: https://www.econbiz.de/10012584381
This paper proves that when a firm has paid pollution tax, it will not clean its pollution any more. Conversely, it … proves that when a firm has cleaned up its pollution, it should be exempted from pollution and profit tax. This paper also … proves that for pollution tax to be effective, it has to be capital, i.e., the pollution firm has to be shut down. Finally …
Persistent link: https://www.econbiz.de/10012998985
In this paper I model the optimal monitoring and enforcement strategy when inspection capacity is fixed by budget or manpower constraints. I adopt a leverage enforcement structure that classifies firms into two groups with different enforcement intensities. Optimal monitoring and enforcement...
Persistent link: https://www.econbiz.de/10014213232
conventional pollution tax. The second is an environmental campaign aiming to influence consumers to switch to a green good. We … consider two different scenarios. When consumers are characterized by hedonic quality preferences, in this case the pollution … are cases in which the campaign is preferred. To sum up, while both policy instruments are effective in reducing pollution …
Persistent link: https://www.econbiz.de/10014153065
Taking as given that we are consuming too much and that overconsumption leads to environmental degradation, the present paper examines the regulator's choices between informative advertisement and consumption taxation. We model overconsumption by considering individuals that care about social...
Persistent link: https://www.econbiz.de/10014136169
This paper demonstrates that a pollution tax with a fixed cost component may lead, by itself, to segregation between … locations and two industries (clean and dirty) where pollution is a by-product of dirty good manufacturing. Under proper … outcome when there is a fixed cost component of the pollution tax. Moreover, a stratified Pareto optimum can never be …
Persistent link: https://www.econbiz.de/10011522559
conventional pollution tax. The second is an environmental campaign aiming to influence consumers to switch to a green good. We … consider two different scenarios. When consumers are characterized by hedonic quality preferences, in this case the pollution … are cases in which the campaign is preferred. To sum up, while both policy instruments are effective in reducing pollution …
Persistent link: https://www.econbiz.de/10011730843
We study environmental policy in an economy-ecology model featuring multiple deterministic stable steady-state ecological equilibria. The economy-ecology does not settle in either of the deterministic steady states as the environmental system is hit by random shocks. Individual live for two...
Persistent link: https://www.econbiz.de/10012892273
Public policy often regards pollution and other measures of poor environmental quality as public bads that result from … this article, I argue that pollution and environmental quality should instead be regarded from a property rights … of pollution and an overall improvement in environmental quality. Using cross-country data, I examine the relationship …
Persistent link: https://www.econbiz.de/10014158710