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In this paper we present the main results of three original studies on the equilibrium with a market of tradeable permits in a static framework. In first study, we have considered an international equilibrium of two countries which depend on the quantity of permits to each country. The...
Persistent link: https://www.econbiz.de/10011324965
In this paper we present the main results of three original studies on the equilibrium with a market of tradeable permits in a static framework. In first study, we have considered an international equilibrium of two countries which depend on the quantity of permits to each country. The...
Persistent link: https://www.econbiz.de/10005423089
We study the optimal growth path and its decentralization in an overlapping generations model with two consumption goods and pollution effect. We consider two production sector i.e. one with a direct effect of pollution and the other with an indirect pollution effect by using energy. In the...
Persistent link: https://www.econbiz.de/10005763146
We study, in a simple model, the partial equilibrium of an industry with n firms endowed by different technologies which have different pollution effects. The price of input (labour) and the demand curve to the industry are given. Pollution is restricted by a tradable market of permits in the...
Persistent link: https://www.econbiz.de/10005696802
We study optimal growth and its decentralization in an overlapping generations model. The decentralization of an optimal path needs some specific taxes in addition to lump-sum transfers if there are externalities. The introduction of market of permits allows neutralizing the external...
Persistent link: https://www.econbiz.de/10005670943
In this paper we present the main results of three original studies on the equilibrium with a market of tradeable permits in a static framework. In first study, we have considered an international equilibrium of two countries which depend on the quantity of permits to each country. The...
Persistent link: https://www.econbiz.de/10011603371
In this paper we present the main results of three original studies on the equilibrium with a market of tradeable permits in a static framework. In first study, we have considered an international equilibrium of two countries which depend on the quantity of permits to each country. The...
Persistent link: https://www.econbiz.de/10014071245
We study, in a simple model, the partial equilibrium of an industry with n firms endowed by different Cobb-Douglas technologies which have different pollution effects. The price of input (labour) and the demand curve to the industry are given. Pollution is restricted by a tradeable market of...
Persistent link: https://www.econbiz.de/10014050213
Environmental concerns play an increasing part in public debate and international negotiations and France has always been one of the leaders of this trend. Nonetheless, French environmental policies remain fairly cautious for at least three reasons. First, because of the lack of...
Persistent link: https://www.econbiz.de/10005406517
This paper compares a private ownership (competitive) economy, a labormanaged economy and a capital-managed economy in an overlapping-generations framework. Under standard and rather weak assumptions, the sets of equilibria for the two first economies are identical, in line with a result already...
Persistent link: https://www.econbiz.de/10009228658