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This paper uses analytically tractable and numerically solved general equilibrium models to examine the significance of pre-existing distortions in factor markets for revenue- neutral environmental tax reforms and for various policies involving pollution quotas and permits. Results indicate that...
The paper studies the design of a tradeable permit system with voluntarily opt-in possibilities for LDCs in the context of climate change. In setting the optimal opt-in rule, the social planner faces a trade-off between production efficiency (minimization of control costs) and information rent...
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...
This research uses neighborhood characteristics (at the zipcode level) in 1990 to explain toxic releases in 1993. It combines the Toxics Release Inventory data with demographic data from the 1990 US Census. We first analyze the location of manufacturing facilities in a particular neighborhood...
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