Environmental degradation manifests itself both at the local and the global level. In order to avoid further environmental degradation environmental quality should be considered as a target of economic policy. The article provides a documentary overview of important environmental studies and...

With the gradual accession of some Central Eastern European Countries (CEECs) to the EU, international trade between EU and CEECs and the related environmental problems will definitely change because of the free trade and the mobility of production factors (labour and capital) within the EU....

A theoretical model is developed to analyse optimal environmental policy when consumer preferences are endogenous. It captures that pollutive consumption is sensitive to consumption by others and commercial advertising. This is conceptualized through a consumption norm. An increase in this norm...