In this paper we study the dynamic general equilibrium path of an economy and the associated optimal growth path in a two-sector overlapping generation model with a stock pollutant. A sector (power generation) is polluting, and the other (final good) is not. Pollution is regulated by tradable...

Empirical evidence supports the existence of pollution abatement possibilities at negative costs, the so-called 'no-regret options'. We provide a microeconomic rationale for the existence of such potential at the firm level. An econometric application confirms that pollution abatement cost...

It is widely assumed in the literature that environmental innovation reduces the marginal cost of pollution abatement. In this paper we show that this is not necessarily the case and we provide some unexpected outcomes.

This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...

In the economic literature, sustainability is often defined as the requirement of keeping something constant, or at least non-decreasing, along time (for example, consumption or utility). In this paper, we wonder under which conditions invariant quantities can be found along the optimal paths...

[fre] Nous étudions dans cette note les conséquences de l'existence de comportement d'honnêteté dans un jeu de conformité entre une agence environnementale et des firmes polluantes où la politique de contrôle comprend ou non une auto-déclaration des firmes en ce qui concerne les rejets...

We study a model with an exhaustible resource and a substitute which is not a backstop technology. We focuse our attention on the optimal policy of consumption which is described by a Ramsey's rule as in the seminal paper of Dasgupta and Heal [1974] but with a discount rate which is not always...

We consider a model of regulation for nonpoint source water pollution through non-linear taxation/subsidization of agricultural production. Farmers are heterogenous along two dimensions, their ability to transform inputs into final production and the available area they possess. Asymmetric...