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Registros recuperados: 67 | |
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Pizer, William A.; Kopp, Raymond J.. |
Decisions concerning environmental protection hinge on estimates of economic burden. Over the past 30 years, economists have developed and applied various tools to measure this burden. In this paper, developed as a chapter for the Handbook of Environmental Economics, we present a taxonomy of costs along with methods for measuring those costs. At the broadest level, we distinguish between partial and general equilibrium costs. Partial equilibrium costs represent the burden directly borne by the regulated entity (firms, households, government), including both pecuniary and nonpecuniary expenses, when prices are held constant. General equilibrium costs reflect the net burden once all good and factor markets have equilibrated. In addition to partial... |
Tipo: Working or Discussion Paper |
Palavras-chave: Social cost; Cost-benefit; Cost-effectiveness; Environmental regulation; Environmental Economics and Policy; Q20; Q28; H41; L50; D58. |
Ano: 2003 |
URL: http://purl.umn.edu/10762 |
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Vasary, Viktoria; Elekes, Andrea; Halmai, Peter. |
Can we agree fully with the statement, that “agricultural spending is a major distorting factor in the EU economy and a distinct obstacle to the Lisbon agenda’s implementation”? (Gros, 2008) Is it without question that Europe’s agriculture is in position to become sustainable and competitive without certain kind of common policy with no Community financing? Is it unambiguous in every respect, that the challenges facing the sector – globalization, trade liberalization, climate change, water management, Lisbon process, enlargement, changing preferences – could be answered at national level utilizing exclusively national financial sources? The answers to these questions are complex. So the purpose of the paper is multiple: - Exploration of factors justifying... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Public goods; Fiscal federalism; A new agricultural policy; Agricultural and Food Policy; Public Economics; Q14; Q18; H41. |
Ano: 2008 |
URL: http://purl.umn.edu/44820 |
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Tsur, Yacov; Zemel, Amos. |
Under risk of abrupt climate change, the occurrence hazard is added to the social discount rate. As a result, the social discount rate (i) increases and (ii) turns endogenous to the global warming policy. The second effect bears profound policy implications that are magnified by economic growth. In particular, we find that greenhouse gases (GHG) emission should be terminated at a finite time so that the ensuing occurrence risk will vanish in the long run. Due to the public bad nature of the catastrophic risk, the second effect is ignored in a competitive allocation and unregulated economic growth will give rise to excessive emissions. In fact, the GHG emission paths under the optimal and competitive growth regimes lie at the extreme ends of the range of... |
Tipo: Working or Discussion Paper |
Palavras-chave: Abrupt climate change; Hazard rate; Discounting; Economic growth; Emission policy; H23; H41; O13; O40; Q54; Q58. |
Ano: 2008 |
URL: http://purl.umn.edu/37944 |
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Registros recuperados: 67 | |
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