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Negative Externality, Heterogeneous Individuals and the Systems of Cities

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Author Info
Unimonen, S.
Abstract

This paper analyzes a local pollution problem in a club framework. Polluting firms and their labor force form a system of cities. Emissions are created as a byproduct by the firm, and the deterioration of the environment is suffered by the residents of the city. The model has two types of individual who deffer in their preferences and productive skills. The paper determines when cities with homogeneous, mixed or partially mixed populations are optimal. Utilizing a competitive developer model, the paper also examines the existence and nature of equilibrium. It is shown that an efficient solution to the externality problem is attained by competitive forces alone without the intervention of the government.

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Publisher Info
Paper provided by Department of Economics in its series University of Helsinki, Department of Economics with number 490.

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Length: 23 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:helsec:490

Contact details of provider:
Postal: University of Helsinki; Department of Economics, P.O.Box 54 (Unioninkatu 37) FIN-00014 Helsingin Yliopisto
Phone: +358 9 191 8897
Fax: +358 9 191 8877
Email:
Web page: http://www.valt.helsinki.fi/katal/
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Related research
Keywords: POLLUTION LABOUR ENVIRONMENT POPULATION

Find related papers by JEL classification:
D62 - Microeconomics - - Welfare Economics - - - Externalities
R13 - Urban, Rural, and Regional Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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This page was last updated on 2008-9-21.


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