IDEAS home Printed from https://ideas.repec.org/a/sae/jouinf/v2y2010i1p15-49.html
   My bibliography  Save this article

Pollution Externalities and Government Policy

Author

Listed:
  • Sunil Ashra

    (Department of Economics, MDI, Gurgaon, INDIA, sunil@mdi.ac.in, sunilashra@gmail.com)

Abstract

Biomass (in modern context, biofuels) have been the oldest source of energy and still accounts for about 10 per cent of total world energy consumption. With the steeply rising prices of fossil fuels in the last few years and the increasing concerns about environmental pollution and global warming, the search for alternative fuels is gathering speed. In this context the present paper tries to examine the issue in the context of India and its government’s policies to promote biofuels. It has been a matter of concern that the overall production and consumption of biofuels in India is still very meagre. In this context we also examine the role of the central- and state-level government in promoting biodiesel and also look into the ‘trade-off’ aspects between food crops and these fuel crops as India can ill afford to compromise its food security.

Suggested Citation

  • Sunil Ashra, 2010. "Pollution Externalities and Government Policy," Journal of Infrastructure Development, India Development Foundation, vol. 2(1), pages 15-49, June.
  • Handle: RePEc:sae:jouinf:v:2:y:2010:i:1:p:15-49
    DOI: 10.1177/097493061100200102
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/097493061100200102
    Download Restriction: no

    File URL: https://libkey.io/10.1177/097493061100200102?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. Graham, John R. & Li, Si & Qiu, Jiaping, 2008. "Corporate misreporting and bank loan contracting," Journal of Financial Economics, Elsevier, vol. 89(1), pages 44-61, July.
    2. Sara H. Robicheaux & Xudong Fu & James A. Ligon, 2008. "Lease Financing and Corporate Governance," The Financial Review, Eastern Finance Association, vol. 43(3), pages 403-437, August.
    3. Geller, Howard & Schaeffer, Roberto & Szklo, Alexandre & Tolmasquim, Mauricio, 2004. "Policies for advancing energy efficiency and renewable energy use in Brazil," Energy Policy, Elsevier, vol. 32(12), pages 1437-1450, August.
    4. Jarrad Harford & Kai Li & Xinlei Zhao, 2008. "Corporate boards and the leverage and debt maturity choices," International Journal of Corporate Governance, Inderscience Enterprises Ltd, vol. 1(1), pages 3-27.
    5. Ericsson, Karin & Huttunen, Suvi & Nilsson, L.J.Lars J. & Svenningsson, Per, 2004. "Bioenergy policy and market development in Finland and Sweden," Energy Policy, Elsevier, vol. 32(15), pages 1707-1721, October.
    6. Divya & M C Garg, 2008. "Web-Based Corporate Reporting Practices: A Survey," The IUP Journal of Accounting Research and Audit Practices, IUP Publications, vol. 0(3), pages 43-58, July.
    7. Swinnen, Jo & van der Zee, Frans A, 1993. "The Political Economy of Agricultural Policies: A Survey," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 20(3), pages 261-290.
    8. Rao, M. Govinda, 2005. "Tax system reform in India: Achievements and challenges ahead," Journal of Asian Economics, Elsevier, vol. 16(6), pages 993-1011, December.
    9. Pletcher, James, 1991. "Regulation with growth: The political economy of palm oil in Malaysia," World Development, Elsevier, vol. 19(6), pages 623-636, 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. Hultman, Nathan E. & Malone, Elizabeth L. & Runci, Paul & Carlock, Gregory & Anderson, Kate L., 2012. "Factors in low-carbon energy transformations: Comparing nuclear and bioenergy in Brazil, Sweden, and the United States," Energy Policy, Elsevier, vol. 40(C), pages 131-146.
    2. Chu, Ling & Mathieu, Robert & Mbagwu, Chima, 2018. "The association between firm fundamentals and bank interest rates under different measures of risk," Advances in accounting, Elsevier, vol. 41(C), pages 46-58.
    3. Li, Qiang & Wang, Shengying & He, Zichun & Li, Hanqiao & Xiang, Erwei, 2023. "Does stock market index adjustment affect environmental information disclosure? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 87(C).
    4. Chen, Jun & King, Tao-Hsien Dolly & Wen, Min-Ming, 2015. "Do joint ventures and strategic alliances create value for bondholders?," Journal of Banking & Finance, Elsevier, vol. 58(C), pages 247-267.
    5. Jens Hagendorff & Sonya Lim & Duc Duy Nguyen, 2023. "Lender Trust and Bank Loan Contracts," Management Science, INFORMS, vol. 69(3), pages 1758-1779, March.
    6. Yanyi Ye & Yun Wang & Xiaoguang Yang, 2022. "Bank loan information and information asymmetry in the stock market: evidence from China," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-28, December.
    7. Sandra Cavaco & Patricia Crifo & Antoine Rebérioux & Gwenael Roudaut, 2014. "Independent directors: less informed, but better selected? New evidence from a two-way director-firm fixed effect model," Working Papers hal-04141284, HAL.
    8. Pak Hung Au & Yuk‐Fai Fong & Jin Li, 2020. "Negotiated Block Trade And Rebuilding Of Trust," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(2), pages 901-939, May.
    9. Jong Chool Park & Qiang Wu, 2009. "Financial Restatements, Cost of Debt and Information Spillover: Evidence From the Secondary Loan Market," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(9‐10), pages 1117-1147, November.
    10. Manhwa Wu & Paoyu Huang & Yensen Ni, 2020. "The Impact of Institutional Shareholdings on Price Limits," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 27(3), pages 343-361, September.
    11. Sikochi, Anywhere, 2020. "Corporate legal structure and bank loan spread," Journal of Corporate Finance, Elsevier, vol. 64(C).
    12. GAIGNE, Carl & LAROCHE DUPRAZ, Cathie & MATTHEWS, Alan, 2015. "Thirty years of European research on international trade in food and agricultural products," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 96(1), March.
    13. Chia-Ying Chan & Iftekhar Hasan & Chih-Yung Lin, 2021. "Agency cost of CEO perquisites in bank loan contracts," Review of Quantitative Finance and Accounting, Springer, vol. 56(4), pages 1221-1258, May.
    14. Swinnen, Johan F. M. & Banerjee, Anurag N. & Gorter, Harry de, 2001. "Economic development, institutional change, and the political economy of agricultural protection: An econometric study of Belgium since the 19th century," Agricultural Economics, Blackwell, vol. 26(1), pages 25-43, October.
    15. Bongsuk Sung & Myung-Bae Yeom & Hong-Gi Kim, 2017. "Eco-Efficiency of Government Policy and Exports in the Bioenergy Technology Market," Sustainability, MDPI, vol. 9(9), pages 1-18, September.
    16. Saiying Deng & Vincent J. Intintoli & Andrew Zhang, 2019. "CEO Turnover, Information Uncertainty, and Debt Contracting," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-54, June.
    17. Fan, Pengda, 2019. "Debt retirement at IPO and firm growth," Journal of Economics and Business, Elsevier, vol. 101(C), pages 1-16.
    18. Ganewatta, Gaminda & Edwards, Geoff W., 2000. "The Sri Lanka Tea Industry: Economic Issues and Government Policies," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123648, Australian Agricultural and Resource Economics Society.
    19. Xiao, He, 2022. "Environmental regulation and firm capital structure dynamics," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 770-787.
    20. Wang, Lu & Su, Zhong-qin & Fung, Hung-Gay & Jin, Hong-min & Xiao, Zuoping, 2021. "Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).

    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:jouinf:v:2:y:2010:i:1:p:15-49. 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: http://www.idfresearch.org .

    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.