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Environmental policy in dynamic models with pollution by consumers: The impact of exogenous shocks and dozy politicians Author info | Abstract | Publisher info | Download info | Related research | Statistics Barthel, Jens
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The paper discusses questions resulting from a study of the interaction of exogenous shocks and environmental policy. In a model with pollution as a side effect of consumption environmental policy is introduced in the form of a consumption tax with or without a subsidy on eco-friendly investments. In simulations we observe the dynamic behavior of models before and after sudden changes of exogenous variables. These shocks are jumps in productivity or a sudden depreciation of capital. Additionally we examine the effect of a simultaneous appearance of both types of shocks. Furthermore we investigate the consequences of a lagged reaction of the policy agents.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
8229.
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Date of creation: 17 Jul 2007Date of revision:
Handle: RePEc:pra:mprapa:8229Contact details of provider: Postal: Schackstr. 4, D-80539 Munich, Germany Phone: +49-(0)89-2180-2219 Fax: +49-(0)89-2180-3900 Web page: http://mpra.ub.uni-muenchen.de More information through EDIRC
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Keywords: Environmental Policy Instruments ; Exogenous Shocks ; Find related papers by JEL classification: C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
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References listed on IDEAS 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.: Bohm, Peter & Russell, Clifford S., 1985.
"Comparative analysis of alternative policy instruments ,"
Handbook of Natural Resource and Energy Economics ,
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Elsevier.
[Downloadable!] (restricted)
Bovenberg, A Lans & Smulders, Sjak A, 1996.
"Transitional Impacts of Environmental Policy in an Endogenous Growth Model ,"
International Economic Review ,
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Brunner, Martin & Strulik, Holger, 2002.
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[Downloadable!] (restricted)
Other versions: Ligthart, Jenny E. & van der Ploeg, Frederick, 1994.
"Pollution, the cost of public funds and endogenous growth ,"
Economics Letters ,
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[Downloadable!] (restricted)
Smulders, Sjak & Gradus, Raymond, 1996.
"Pollution abatement and long-term growth ,"
European Journal of Political Economy ,
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[Downloadable!] (restricted)
Chung-Huang Huang & Deqin Cai, 1994.
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Environmental & Resource Economics ,
European Association of Environmental and Resource Economists, vol. 4(4), pages 383-400, August.
[Downloadable!] (restricted)
Raymond Gradus & Sjak Smulders, 1993.
"The trade-off between environmental care and long-term growth—Pollution in three prototype growth models ,"
Journal of Economics ,
Springer, vol. 58(1), pages 25-51, February.
[Downloadable!] (restricted)
Lans Bovenberg, A. & de Mooij, Ruud A., 1997.
"Environmental tax reform and endogenous growth ,"
Journal of Public Economics ,
Elsevier, vol. 63(2), pages 207-237, January.
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Other versions: Lans Bovenberg, A. & Smulders, Sjak, 1995.
"Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model ,"
Journal of Public Economics ,
Elsevier, vol. 57(3), pages 369-391, July.
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