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In resource accounting, shadow prices of natural resources and environmental effects should be used as the social marginal value of goods. Since it is difficult to measure shadow prices in practice, market prices are often used as proxies for shadow prices. A prerequisite for the use of these...
Persistent link: https://www.econbiz.de/10005423901
Simulation experiments are conducted, comparing the effects of a common reduction of CO2 emissions within the European Union to a Swedish unilateral decicion to reduce CO2 emissions. A numerical general equilibrium model, GEM-E3, has been used as analytical tool. The model covers all European...
Persistent link: https://www.econbiz.de/10005190916
The study investigates the morbidity impacts of air pollution when pollution may affect both the likelihood and duration of respiratory problems. The relationship between comparatively low pollutant levels and respiratory ailments is estimated using Swedish data, and the change in...
Persistent link: https://www.econbiz.de/10005423895
Human capital is an important component of economic growth. The article extends a theoretical model for comprehensive national accounting to the welfare effects of pollution on human capital. The model includes a production externality in the form of a flow of air pollutants that cause both...
Persistent link: https://www.econbiz.de/10005771192
Harmonization of the instruments used in environmental policy has been considered necessary to guarantee fair competition in international markets. We investigate alternative policy measures for promoting paper recycling in seven European countries and present a theoretical framework for...
Persistent link: https://www.econbiz.de/10005190923
The paper analyzes the cost-efficiency of trading CO2 emissions by focusing on the overall environmental impacts of active climate policy measures. When reducing CO2 emissions, other emissions, also related to the consumption of fossil fuels, decrease with no additional cost. These secondary...
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