Regional industrial diversification policies promote industries that will increase economic welfare by improving the balance between the standard of living and the stability of that standard of living. Regional air quality policies seek to reduce undesirable air emissions. This paper analyzes the interaction of regional air quality and industrial diversification policies, using a simple but tractable stochastic equilibrium model of regional income formation. We apply the model to data that describe the relationship between industrial structure and air emissions in Saskatchewan, and find that, in general, taxes designed to reduce harmful air emissions increase the variability of income. The major exception is a tax on refined fuels, which both reduces emissions and income variability. Copyright 1995 by Taylor and Francis Group
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)