IDEAS home Printed from https://ideas.repec.org/a/sae/envira/v20y1988i3p391-405.html
   My bibliography  Save this article

A Dynamic Multimarket Equilibrium Model for the Economic Analysis of Pollution Control Policies

Author

Listed:
  • K Willett

    (Department of Economics, Oklahoma State University, Stillwater, OK 74078, USA)

  • R Sharda

    (Department of Management, Oklahoma State University, Stillwater, OK 74078, USA)

Abstract

The subject of this paper is the development of a dynamic economy-wide market equilibrium model that can be used to assess impacts of pollution control policies on economic performance. The model is stated in a mathematical programming structure with pollution discharge relationships and investment activities. A complete specification of the model is presented. Some equilibrium conditions for the model are developed and their implications for policy purposes are discussed. The paper also contains comments on a possible solution procedure for such a model.

Suggested Citation

  • K Willett & R Sharda, 1988. "A Dynamic Multimarket Equilibrium Model for the Economic Analysis of Pollution Control Policies," Environment and Planning A, , vol. 20(3), pages 391-405, March.
    • Handle: RePEc:sae:envira:v:20:y:1988:i:3:p:391-405
    DOI: 10.1068/a200391
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/a200391
    Download Restriction: no
    File URL: https://libkey.io/10.1068/a200391?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Tietenberg, T. H., 1974. "Derived decision rules for pollution control in a general equilibrium space economy," Journal of Environmental Economics and Management, Elsevier, vol. 1(1), pages 3-16, May.
    2. Kokoski, Mary F & Smith, V Kerry, 1987. "A General Equilibrium Analysis of Partial-Equilibrium Welfare Measures: The Case of Climate Change," American Economic Review, American Economic Association, vol. 77(3), pages 331-341, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qiu, Zeyuan & Prato, Anthony A., 1999. "Accounting For Spatial Characteristics Of Watersheds In Evaluating Water Pollution Abatement Policies," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 31(1), pages 1-15, April.
    2. Pizer, William A. & Burtraw, Dallas & Harrington, Winston & Newell, Richard G. & Sanchirico, James N., 2005. "Modeling Economywide versus Sectoral Climate Policies Using Combined Aggregate-Sectoral Models," Discussion Papers 10502, Resources for the Future.
    3. Travis Warziniack & David Finnoff & Jonathan Bossenbroek & Jason Shogren & David Lodge, 2011. "Stepping Stones for Biological Invasion: A Bioeconomic Model of Transferable Risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 50(4), pages 605-627, December.
    4. Fleming, R. A. & Adams, R. M., 1997. "The Importance of Site-Specific Information in the Design of Policies to Control Pollution," Journal of Environmental Economics and Management, Elsevier, vol. 33(3), pages 347-358, July.
    5. Lambert, David K. & McCarl, Bruce A. & He, Quifen & Kaylen, Michael S. & Rosenthal, Wesley & Chang, Ching-Cheng & Nayda, W.I., 1995. "Uncertain Yields In Sectoral Welfare Analysis: An Application To Global Warming," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(2), pages 1-14, December.
    6. Kyriakopoulou , Efthymia & Xepapadeas, Anastasios, 2014. "Atmospheric Pollution in Rapidly Growing Urban Centers: Spatial Policies and Land Use Patterns," Working Papers in Economics 601, University of Gothenburg, Department of Economics.
    7. Arnott, Richard & Hochman, Oded & Rausser, Gordon C., 2008. "Pollution and land use: Optimum and decentralization," Journal of Urban Economics, Elsevier, vol. 64(2), pages 390-407, September.
    8. Rose, Adam & Chen, Zhenhua & Wei, Dan & Prager, Fynn, 2015. "Estimating the Macroeconomic Impacts of U.S. Anti-Dumping Enforcement," Conference papers 332572, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Parker, Dawn Cassandra, 2007. "Revealing "space" in spatial externalities: Edge-effect externalities and spatial incentives," Journal of Environmental Economics and Management, Elsevier, vol. 54(1), pages 84-99, July.
    10. Wei, Yi-Ming & Mi, Zhi-Fu & Huang, Zhimin, 2015. "Climate policy modeling: An online SCI-E and SSCI based literature review," Omega, Elsevier, vol. 57(PA), pages 70-84.
    11. Narayanan, Badri G. & Hertel, Thomas W. & Horridge, J. Mark, 2010. "Disaggregated data and trade policy analysis: The value of linking partial and general equilibrium models," Economic Modelling, Elsevier, vol. 27(3), pages 755-766, May.
    12. Patrick Point, 1992. "Les services rendus par le patrimoine naturel : une évaluation fondée sur des principes économiques," Économie et Statistique, Programme National Persée, vol. 258(1), pages 11-18.
    13. Rómulo A. Chumacero & Klaus Schmidt-Hebbel, 2005. "General Equilibrium Models: An Overview," Central Banking, Analysis, and Economic Policies Book Series, in: Rómulo A. Chumacero & Klaus Schmidt-Hebbel & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (S (ed.),General Equilibrium Models for the Chilean Economy, edition 1, volume 9, chapter 1, pages 001-027, Central Bank of Chile.
    14. Vetter Henrik, 2005. "Pollution Taxes for Monopolistically Competitive Firms," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 5(1), pages 1-25, May.
    15. Gallaway, Michael P. & Blonigen, Bruce A. & Flynn, Joseph E., 1999. "Welfare costs of the U.S. antidumping and countervailing duty laws," Journal of International Economics, Elsevier, vol. 49(2), pages 211-244, December.
    16. Douglas A. Irwin, 1998. "The Smoot-Hawley Tariff: A Quantitative Assessment," The Review of Economics and Statistics, MIT Press, vol. 80(2), pages 326-334, May.
    17. Narayana, Badri G. & Hertel, Thomas W. & Horridge, J. Mark, 2010. "Linking Partial and General Equilibrium Models: A GTAP Application Using TASTE," Technical Papers 283427, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    18. Efthymia Kyriakopoulou & Anastasios Xepapadeas, 2013. "Spatial Policies and Land Use Patterns: Optimal and Market Allocations," DEOS Working Papers 1328, Athens University of Economics and Business.
    19. IAN A. COXHEAD & Gerald Shively, 1995. "Measuring the Environmental Impacts of Economic Change: The Case of Land Degradation in Philippine Agriculture," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 384, Wisconsin-Madison Agricultural and Applied Economics Department.
    20. Anna Lungarska & Pierre-Alain Jayet, 2018. "Impact of Spatial Differentiation of Nitrogen Taxes on French Farms’ Compliance Costs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 69(1), pages 1-21, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envira:v:20:y:1988:i:3:p:391-405. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.