haku: @author Tahvonen, O. / yhteensä: 8
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Tekijä:Tahvonen, O.
Otsikko:Dynamics of pollution control when damage is sensitive to the rate of pollution accumulation
Lehti:Environmental and Resource Economics
1995 : JAN, VOL. 5:1, p. 9-27
Asiasana:POLLUTION
ECONOMICS
CONTROL
Kieli:eng
Tiivistelmä:Economic models which take into account the long-term effects of pollution in the environment specify pollution damage as a function of the accumulated stock. Several economists have proposed another formulation where damage is a function of the time derivative of the pollution stock. This paper considers the intertemporal efficiency implications of this formulation. The first specification is qualitative and the objective functional includes both the rate change and the level of the pollution stock.
SCIMA tietueen numero: 129032
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