China's rapid economic growth has been accompanied by a high level of environmental degradation. One of the major sources of health and ecosystem damages is sulfur dioxide (SO2). Reducing SO2 emissions is a priority of China's environmental authorities, and the 11th Five-Year Plan (2006--2010)...

Many economists suggest that a cap-and-trade program and a carbon tax represent promising mechanisms for addressing climate change. A potentially attractive feature of both policies is that they have the potential to recycle revenues in an efficient manner. In the case of cap and trade, this...

The state of China's environment is receiving attention from all over the world. This article reviews the current status and trends of environmental pollution in China. We argue that China is able to contain, and to some extent improve, air and water quality for the urban population at the local...

Until recently, ISI Thompson's Web of Science-Social Sciences Citation Index was the only rigorous tool for tracking citation counts of academic research papers. The recent emergence of Google Scholar provides an alternative measure for tracking citation counts for refereed journal articles,...

This article seeks to identify and explain both the fundamental and the more controversial elements that shape the dynamics of the oil market, using the recent oil crisis as the basic framework for analysis. The article suggests that the price of oil is essentially a function of the current and...

To address the externalities that arise from local land uses, some communities in the United States have turned to Transferable Development Rights (TDRs) as a promising policy tool. TDRs separate the right to develop from the land itself, and create a market that allows those rights to be...

This article applies an alternative approach to the measurement of scholarly quality, namely the use of TOP-curves, in order to rank journals in the field of environmental and resource economics. This measure summarizes the incidence, intensity, and inequality of these journals' highly cited...

This article describes a multidisciplinary study of market-based policies for controlling air pollution in China. While previous studies have examined the costs and benefits of pollution control separately, this approach determines them together using an economy--environment model for China. We...