Search Results - subject:"stock and flow externalities"

TACKLING NEGATIVELY CORRELATED GLOBAL AND LOCAL EXTERNALITIES — AN ECONOMIC STUDY OF MULTIPLE GASES ISSUE IN CLIMATE CHANGE

YANG, ZILI; MENON, SURABI - In: Climate Change Economics (CCE) 04 (2013) 03, pp. 1350013-1

In this paper, we examine the relationship between CO2 and SO2 (including carbonaceous aerosols) mitigations in a framework of correlated global and local externalities. The framework is set up in a revised RICE model [Nordhaus, WD and Z Yang (1996). A regional dynamic general-equilibrium model...

Persistent link: https://www.econbiz.de/10011010761

Tackling negatively correlated global and local externalities : an economic study of multiple gases issue in climate change

Yang, Zili; Menon, Surabi - In: Climate change economics 4 (2013) 3, pp. 1-21

Persistent link: https://www.econbiz.de/10010234384

"More is Less": The Tax Effects of Ignoring Flow Externalities

Sandal, Lief K.; Steinshamn, Stein Ivar; Grafton, R. Quentin - Australian National University, Economics and … - 2001

that an optimal tax that corrects for both stock and flow externalities may result in a lower tax, fewer cumulative …

Persistent link: https://www.econbiz.de/10005771266