Developing countries with comparative advantage in dirty industries face the risk of environmental degradation unless appropriate policy is implemented to curtail industrial emission. Using applied general equilibrium analysis, we examine how trade influences the transfer of environmental...

This paper examines developments in the renewable electricity sector in Brazil and China since 2000. The two countries share many interests with respect to solar and wind power, but institutional differences in state-business relations led to different outcomes. In China, in a context of state...

In recent years, it has become increasingly clear that China’s rapid economic development has come at a significant environmental cost. Pollution problems are now a source of serious public concern, at times even social unrest. The government has responded with an ambitious reform program that...

Stakeholders who seek to reward or punish businesses for their environmental programs often cannot observe these organizations’ internal policies and operations. To address these informational problems, and signal their beyond-compliance environmental commitments, some businesses are...

As Hurricane Katrina vividly revealed, disaster policy in the United States is broken and needs reform. What can we learn from past disasters - storms, floods, earthquakes, tsunamis, landslides, and wildfires - about preparing for and responding to future catastrophes? How can these lessons be...

This article is a study of the then proposed 1971 U.S.-Canada Great Lakes Water Quality Agreement and the long history of developing U.S.- Canadian cooperation that preceded it. The article suggests that this experience: (1) offers guidance for the solution of problems that other programs of...

Public policy often regards pollution and other measures of poor environmental quality as public bads that result from market failure and require government intervention through regulatory policies and more stringent environmental standards. In this article, I argue that pollution and...

In the existing literature there is general agreement that the effectiveness and efficiency of command and control instruments versus market-based instruments is highly context specific. A country’s particular regulatory environment and state capacity, as well as the features of given...

The conservation of biodiversity is a major environmental issue, one that promises to remain at or near the top of the environmental agenda for the foreseeable future. The loss of biodiversity affects human welfare as well as being lamentable for its own sake. Humans depend on natural systems to...

This paper uses a transaction cost approach in order to classify the different policy options that are currently discussed in relation to the Kyoto protocol. It analyses the market as only one of the possible collective decision making processes, which are available to operationalize the concept...