Un modelo de equilibrio general con externalidades y capital natural
This book discusses a model of general equilibrium with a sector generating externalities on another sector with clean production, consumers and nature (natural capital). The scope of efficiency of mitigation policy instruments are analysed simultaneously with the activities of production and consumption, in the cases of: nature as a free good, nature as a private good, assignment of market efficiency and general equilibrium, payment of taxes or tradable permits and the use of pollution mitigation technologies. Our model predicts that: the polluting sector ends in a worse situation in the equilibrium with externalities; inside there will be firms benefiting or resulting most disadvantaged with pollution, whereby incentives to acquire mitigation technologies are not homogeneous —such incentives are higher when taxes should be paid—. However, distributive and welfare effects vary depending on the policy instrument, being higher when pollution permits are allowed among the affected.
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- Dasgupta, Partha, 2001. "Human Well-Being and the Natural Environment," OUP Catalogue, Oxford University Press, number 9780199247882.
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- Yoram Bauman & Myunghun Lee & Karl Seeley, 2008. "Does Technological Innovation Really Reduce Marginal Abatement Costs? Some Theory, Algebraic Evidence, and Policy Implications," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 40(4), pages 507-527, August.
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- Don Fullerton & Garth Heutel, 2010.
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- Juan-Pablo Montero, 2011. "End of the line: A Note on Environmental Policy and Innovation when Governments cannot Commit," Documentos de Trabajo 394, Instituto de Economia. Pontificia Universidad Católica de Chile..
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- Carolyn Fischer & Alan K. Fox, 2007. "Output-Based Allocation of Emissions Permits for Mitigating Tax and Trade Interactions," Land Economics, University of Wisconsin Press, vol. 83(4), pages 575-599.
- repec:cup:cbooks:9780521322249 is not listed on IDEAS
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