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Regime Shifts and Uncertainty in Pollution Control

Zeeuw, Aart de; Zemel, Amos - 2021

We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in …

Persistent link: https://www.econbiz.de/10013315940

Optimal Monitoring to Implement Clean Technologies when Pollution is Random

Macho-Stadler, Inés; Pérez-Castrillo, J. David - 2021

We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...

Persistent link: https://www.econbiz.de/10013317105

The Cost of Environmental Policy Under Induced Technical Change

Smulders, Sjak - 2013

stricter environmental policy induces some pollution-saving technological change, it may do so at the cost of a reduced overall …, the presence of additional distortions drive wedges between the social and private valuation of investment and pollution …

Persistent link: https://www.econbiz.de/10013090604

Voluntary Emission Reductions, Social Rewards, and Environmental Policy

Rauscher, Michael - 2021

Social norms and intrinsic motivations lead to environmentally friendly behaviour even in the absence of environmental policy. This paper looks at the interactions of social norms and environmental regulation in their impact on individual behaviour. People obtain social rewards for voluntary...

Persistent link: https://www.econbiz.de/10013317346

Optimal Pollution Control in a Mixed Oligopoly with Research Spillovers

Haruna, Shoji - 2018

We study optimal pollution abatement under a mixed oligopoly game when firms engage in emissions-reducing R&D that is … certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …

Persistent link: https://www.econbiz.de/10012921210

The Life Satisfaction Approach to Environmental Valuation

Frey, Bruno S.; Lüchinger, Simon; Stutzer, Alois - 2021

In many countries environmental policies and regulations are implemented to improve environmental quality and thus individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction Approach (LSA) representing a new non-market valuation...

Persistent link: https://www.econbiz.de/10013316297

Fueling Growth When Oil Peaks : Directed Technological Change and the Limits to Efficiency

André, Francisco J.; Smulders, Sjak - 2021

scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …

Persistent link: https://www.econbiz.de/10013315849

Effects of Stricter Environmental Regulations on Resource Development

Lange, Ian - 2018

This analysis seeks to understand whether changes in oil regulation brought about by the shale revolution have restricted the pace of drilling and production. This hypothesis is tested using data on North Dakota and Montana both before and after North Dakota increased the level of bonding...

Persistent link: https://www.econbiz.de/10012915454

Supply Side Climate Policy and the Green Paradox

Hoel, Michael - 2013

The focus of the green paradox literature has been either on demand-side climate policies or on effects of technological changes. The present paper addresses the question of whether there also might be some kind of green paradox related to supply-side policies, i.e. policies that per-manently...

Persistent link: https://www.econbiz.de/10013086981

Pollution, Shadow Economy and Corruption : Theory and Evidence

Biswas, Amit K. - 2013

We study how the shadow economy affects pollution and how this effect depends on corruption levels in public … be accompanied by higher pollution levels. Our theoretical model predicts that controlling the levels of corruption can … limit the effect of the shadow economy on pollution. We use panel data covering the period from 1999–2005 from more than 100 …

Persistent link: https://www.econbiz.de/10013092159