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Lopez, Ramon E.; Galinato, Gregmar I.; Islam, Asif M.. |
Government spending has significant environmental implications. This paper analyzes the effect of the allocation of government spending between public goods broadly defined and private goods or non-social subsidies on air and water pollution. The theoretical model predicts that a reallocation of expenditures from private subsidies to public goods improves environmental quality by reducing production pollution. We estimate an empirical model that shows that such a reallocation causes a significant reduction in air pollutants namely sulfur dioxide and lead and an improvement in water quality measures including dissolved oxygen and biological oxygen demand. |
Tipo: Conference Paper or Presentation |
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Ano: 2009 |
URL: http://purl.umn.edu/48055 |
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Lopez, Ramon E.; Islam, Asif M.. |
Trade, the exchange of goods and services across countries, is often viewed as an engine of economic growth. Benefits of liberalized trade include access to a larger variety of goods and services to consumers, easier access to foreign technologies, access to larger markets for producers, and increased efficiency in resource allocation. The impact of trade on the environment, however, is a contentious issue; air and water pollution, the degradation of natural habitats and loss of species, and global pollutants, particularly carbon dioxide emissions, are major concerns. |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; International Relations/Trade. |
Ano: 2008 |
URL: http://purl.umn.edu/45982 |
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