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International aspects of pollution control

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  • Ploeg, F. van der
  • Zeeuw, A.J. de

    (Tilburg University)

Abstract

Pollution is a by-product of production, is only gradually dissolved by the environment, and crosses national borders. The market outcome ignores the adverse effects of pollution and thus yields higher levels of output and pollution than would prevail under a supranational social planner which does care about pollution. In practice, governments often do not cooperate and this leads to outcomes of pollution and production in between the market outcomes and the outcomes under supra-national social planning. Absence of precommitment leads to lower emission charges, less cleaning-up activities and more pollution. Appropriate levels of emission charges under the various outcomes are a result of this analysis. Attention is also paid to investment in clean technology. The debate between optimists, who believe that higher production is compatible with sound environmental policy, and pessimists can be analysed in this way. Copyright Kluwer Academic Publishers 1992

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Paper provided by Tilburg University in its series Open Access publications from Tilburg University with number urn:nbn:nl:ui:12-377516.

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Date of creation: 1992
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Publication status: Published in Environmental and Resource Economics (1992) v.2, p.117-139
Handle: RePEc:ner:tilbur:urn:nbn:nl:ui:12-377516

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Web page: http://www.tilburguniversity.edu/

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  1. Ploeg, F. van der & Zeeuw, A.J. de, 1987. "Perfect equilibrium in a model of competitive arms accumulation," Research Memorandum 266, Tilburg University, Faculty of Economics and Business Administration.
  2. Van Der Ploeg, F., 1987. "Inefficiency of credible strategies in oligopolistic resource markets with uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 11(1), pages 123-145, March.
  3. Ploeg, F. van der & Withagen, C.A.A.M., 1991. "Pollution control and the Ramsey problem," Open Access publications from Tilburg University urn:nbn:nl:ui:12-3107039, Tilburg University.
  4. Fershtman, C., 1988. "Fixed Rules And Decision Rules: Time Consistency And Subgame Perfection," Papers 12-88, Tel Aviv.
  5. Fershtman, Chaim & Kamien, Morton I, 1987. "Dynamic Duopolistic Competition with Sticky Prices," Econometrica, Econometric Society, vol. 55(5), pages 1151-64, September.
  6. Reinganum, Jennifer F & Stokey, Nancy L, 1985. "Oligopoly Extraction of a Common Property Natural Resource: The Importance of the Period of Commitment in Dynamic Games," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(1), pages 161-73, February.
  7. Hoel, Michael, 1991. "Global environmental problems: The effects of unilateral actions taken by one country," Journal of Environmental Economics and Management, Elsevier, vol. 20(1), pages 55-70, January.
  8. Henk Folmer & Charles Howe, 1991. "Environmental problems and policy in the Single European Market," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(1), pages 17-41, March.
  9. Reynolds, Stanley S, 1987. "Capacity Investment, Preemption and Commitment in an Infinite Horizon Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 28(1), pages 69-88, February.
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  1. > Environmental and Natural Resource Economics > Climate economics > International agreements
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