Are multinationals flocking to pollution havens in developing countries? Using data from four developing countries (Cote d'Ivoire, Mexico, Morocco, and Venezuela), the authors examine the pattern of foreign investment. They find almost no evidence that foreign investors are concentrated in dirty...

In this paper, we disentangle the sources of public sector inefficiency using 1981-1995 panel data on manufacturing firms in Indonesia. We consider two leading hypotheses: (1) public sector enterprises are inefficient due to agency-type problems or (2) public sector enterprises are inefficient...

Locally motivated air quality programs in Santiago and Mexico City have only minor collateral benefits for the global climate. If agencies with global and local agendas did business together, then individuals and firms and even cities would act globally when thinking locally, and one would see...

In many parts of the world, lower levels of government are taking over responsibilities from national authorities. This often leads to difficulty in maintaining fiscal discipline. So-called soft budget constraints allow these subnational governments to expand expenditures without facing the full...

This paper analyzes the claim, made by both academics and by industry insiders, that vessels speed up under conditions of high freight rates and low bunker prices. The rationale for the claim is that a ship should move slowly when high bunker prices make energy cost savings great and when the...

EU's objective of attaining 20% reductions in greenhouse gas emissions by 2020 is analysed with a general equilibrium model detailing electricity generation technologies and capital vintaging. Consistent with theory and other analysts we find that the nonuniform treatment of emitting sectors in...

Emission reductions could be provided by cleaner technologies as well as substitution towards less polluting inputs and goods. We develop a model to assess the scope for emission reductions by input substitution. We then apply the model to manufacturing in Chile and Indonesia-two developing...

¿Cuáles son las estrategias apropiadas para proteger el ambiente en países en desarrollo que al mismo tiempo buscan promover el crecimiento y reducir la pobreza? Este artículo revisa la literatura acerca de la intervención costoefectiva,2 comparando los instrumentos regulatorios y fiscales...

India is among the world lowest per capita greenhouse gas (GHG) emitters, but rapid increases are expected. At the same time, World Health Organization (WHO) estimates show that 424,000 die prematurely in Indian households each year from air pollution exposure due to solid fuel use. We analyze...