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Lapatinas, Athanasios; Litina, Anastasia; Sartzetakis, Eftichios S.. |
We construct an overlapping generations model in which agents live through two periods; childhood and adulthood. Each agent makes choices only as an adult, based on her utility that depends on her own consumption and the human capital and environmental quality endowed to her offspring. Entering adulthood, agents choose randomly between two occupations: citizens and politicians. Citizens are the only producers of a single good and choose the proportion of their income to declare to the tax authorities. Politicians decide upon the allocation of the tax revenue between environmental protection and education activities, taking as given the rates of peculation in each activity. In this context, two self-fulfilling stable equilibria can emerge, one associated... |
Tipo: Working or Discussion Paper |
Palavras-chave: Corruption; Environmental Policy; Environmental Economics and Policy; H2; H26; H3; Q56; Q58. |
Ano: 2011 |
URL: http://purl.umn.edu/101377 |
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Latinopoulos, Dionysis; Sartzetakis, Eftichios S.. |
A great challenge facing future agricultural water policy is to explore the potential for transition from the current myopic competitive (common) exploitation of groundwater resources to a long-term efficient and sustainable allocation. A number of economic and/or command and control instruments can be used by the relevant water authority in order to deal with the economic and environmental problems generated by competitive exploitation. However, according to previous experience in both developed and developing countries, tradable permits seem as one of the most effective and efficient instruments, especially under conditions of limited water availability. On this account, the aim of the current study is to explore the feasibility and implementation of a... |
Tipo: Working or Discussion Paper |
Palavras-chave: Tradable Water Permits; Sustainable Water Use; Irrigated Agriculture; Agricultural and Food Policy; Q15; Q25; Q28. |
Ano: 2011 |
URL: http://purl.umn.edu/102500 |
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